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Golden Bull Award 2024: Services Sector Lead Growth Among SMEs


KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 9 August 2024 – The services sector continues to lead growth among SMEs. At the recently held Golden Bull Award 2024, 65.3 percent of all the winners were from the services sector, including in retail and wholesale, professional and business services, IT and education.

The manufacturing sector accounted for 23.9 percent of the winners, with the construction and agriculture sectors rounding up the rest of the winners at 9.4 percent and 1.4 percent respectively.

This is in-line with the 2023 MSME Performance Report issued by the Department of Statistics Malaysia, where the services sector led the growth among SMEs, with a 6.5 percent jump in sectoral GDP versus 5.0 percent growth for all SMEs.

The Golden Bull Award is organised by Business Media International in partnership with the Small and Medium Enterprises Association of Malaysia (SAMENTA), and has been held annually since 2002.

Minister of economy, Rafizi Ramli presented the awards to the winners, which are made up of SMEs of various sizes and from every state across the country. In his officiating address, the minister emphasised the importance of SMEs to the country, and encouraged the SMEs to focus on internationalisation and growth in productivity.

The 2024 program saw a significant increase in participation, with 2,662 nominations received, marking a 15% rise from the previous year. This surge reflects the growing recognition of the crucial role SMEs play in Malaysia’s economy, contributing 39.1% to the nation’s GDP in 2023.

“This year’s Golden Bull Award has truly been a remarkable showcase of the strength and potential of our SMEs. The increased participation and high calibre of nominations reflect the unwavering entrepreneurial spirit and dedication to excellence among our business community. It is heartening to see such robust support from the government, which aligns with our vision at SAMENTA to empower SMEs to reach greater heights.” said organising chairman Datuk William Ng.

Ng, who is also the national president of SAMENTA added “We are proud to celebrate the achievements of these outstanding businesses and look forward to their continued contribution to Malaysia’s economic success. Together, we are paving the way for a brighter and more prosperous future.”

The Golden Bull Award is divided into three categories: Emerging SMEs, Outstanding SMEs, and the prestigious Super Golden Bull Award. These categories are designed to accommodate businesses based on their annual revenue, ensuring a fair and comprehensive assessment process tailored to recognize the achievements of SMEs at different stages of growth.

The Distinguished Bull Awards was added as a new category to recognise returning Golden Bull Award winners who have made considerable progress or grown their market presence since their previous triumph. 12 distinguished SMEs were recognised for their sustained growth and success.

Baker Tilly Malaysia served as the official auditor for the Golden Bull Award, ensuring transparency and integrity throughout the process. Meanwhile, CTOS Data Systems Sdn Bhd provided independent data as the official credit reporting agency.

Established in 2003, the Golden Bull Award is the oldest business recognition program for SMEs in the region, spanning four key markets: mainland China, Malaysia, Singapore, and Taiwan. It has become a premier platform for celebrating business excellence across these diverse markets.

For more information about the Golden Bull Award Malaysia 2024 and a complete list of winners, please visit https://goldenbullaward.asia/


LIST OF WINNERS OF THE GOLDEN BULL AWARD 2024 IN ALPHABETICAL ORDER

SUPER GOLDEN BULL CATEGORY

  1. Berjayapak Sdn Bhd
  2. Eastern Fishing Tackle (M) Sdn Bhd
  3. Eastern Suntech Engineering & Construction Sdn Bhd
  4. Fitline (M) Sdn Bhd
  5. Green Island Feed Mills Sdn Bhd
  6. Intergreen Metals Sdn Bhd
  7. Perbena Emas Sdn Bhd
  8. Percetakan Tenaga Sdn Bhd
  9. Steel Recon Industries Sdn Bhd
  10. Teamplete Sdn Bhd
  11. Wagro Trading Sdn Bhd
  12. Wiki Labs Sdn Bhd

OUTSTANDING SMES CATEGORY

  1. Agensi Pekerjaan Best Choice Solutions Sdn Bhd
  2. Agensi Pekerjaan GCR Sdn Bhd
  3. Agensi Pekerjaan MCS Sdn Bhd
  4. Alientech Asia Sdn Bhd
  5. Alpha Solar Sdn Bhd
  6. An Ju Global Sdn Bhd
  7. AP Merin Services Sdn Bhd
  8. Benwoods Industry Sdn Bhd
  9. Bestmas (M) Sdn Bhd
  10. BOSS Solutions Global Sdn Bhd
  11. BREGO Life Sciences Sdn Bhd
  12. CCIE Engineering (M) Sdn Bhd
  13. CVS Medical Sdn Bhd
  14. DN Cleaning & Services (M) Sdn Bhd
  15. Eastway Express Line Sdn Bhd
  16. ECO Interior Supplies Sdn Bhd
  17. EI Power Technologies Sdn Bhd
  18. Ekaire Marketing Sdn Bhd
  19. Engenious Solutions Sdn Bhd
  20. Focus Chemical Sdn Bhd
  21. Hin Press Sdn Bhd
  22. Hitch On Sdn Bhd
  23. Hitec Metal Sdn Bhd
  24. Hock Cheong Transport Co. (1974) Sdn Bhd
  25. Idealbuild Engineering Sdn Bhd
  26. Ideas Shoes Sdn Bhd
  27. In Grid Design Sdn Bhd
  28. Inazume SEF Sdn Bhd
  29. Infab Classic Industries Sdn Bhd
  30. INK Marketing Sdn Bhd
  31. Intelligent Advisory Sdn Bhd
  32. IPC Industries Sdn Bhd
  33. Jia Quan (M) Sdn Bhd
  34. JR Engineering And Medical Technologies (M) Sdn Bhd
  35. JVG Bina Sdn Bhd
  36. Kaolin (M) Sdn Bhd
  37. KMS Manufactory Sdn Bhd
  38. Kredence Creative Solutions Sdn Bhd
  39. KTL Electrical Engineering Sdn Bhd
  40. Lee Heng High Precision Engineering Sdn Bhd
  41. Light Up 7 Sdn Bhd
  42. Lin Meng Sdn Bhd
  43. Magical Logistics (M) Sdn Bhd
  44. Major Engineering Sdn Bhd
  45. Mandrill Tech Sdn Bhd
  46. Milieu Solar Sdn Bhd
  47. MK Porridge Sdn Bhd
  48. MT Food Ingredients Sdn Bhd
  49. Murni Machinery Sdn Bhd
  50. MyKey Global Sdn Bhd
  51. Nexus Wise Sdn Bhd
  52. Octowill Trustees Berhad
  53. P & A Prospect Sdn Bhd
  54. Pan Elite Resources Sdn Bhd
  55. Ping Edge Sdn Bhd
  56. Plus Studio & Marketing Communication Sdn Bhd
  57. Posh Northern Sdn Bhd
  58. Rack Master Industries Sdn Bhd
  59. Realux Sdn Bhd
  60. Red Rhino Security Door (M) Sdn Bhd
  61. Roda Land Sdn Bhd
  62. Rymnet Solutions Sdn Bhd
  63. Sam Properties Realty Sdn Bhd
  64. Sentai Kitchenware Sdn Bhd
  65. Sinsheng Tat Trading Sdn Bhd
  66. Song Song Frozen Food Sdn Bhd
  67. SPCL Systems Sdn Bhd
  68. STI Fire Safety Sdn Bhd
  69. Tacoplast Industries Sdn Bhd
  70. TenQ Group Sdn Bhd
  71. Tech-Latex Scientific Sdn Bhd
  72. TKC Fruits & Vegetables Sdn Bhd
  73. Union Profit Cosmetic Manufacturing Sdn Bhd
  74. Unique Travel & Convention Sdn Bhd
  75. VMG Interior Fit Out Sdn Bhd
  76. Weng Seng Fresh Sdn Bhd
  77. Worldlink Cargo Services Sdn Bhd

EMERGING SMES CATEGORY

  1. 3 Day’s Furniture Sdn Bhd
  2. AG Statue Maker & Silverware Sdn Bhd
  3. Aman O2O Sdn Bhd
  4. Amelisa Pet & Co
  5. Anton & Chen, Advocates & Solicitors
  6. Ascons Real Estate Sdn Bhd
  7. Auntie Michelle Resources (M) Sdn Bhd
  8. Axevents Sdn Bhd
  9. Axrail Sdn Bhd
  10. BIV Multimedia Sdn Bhd
  11. Chevin Sdn Bhd
  12. Collaborative Excellence Sdn Bhd
  13. Corvus Techub Sdn Bhd
  14. Current Energy (M) Sdn Bhd
  15. Endless Momentum Motor Sport Sdn Bhd
  16. Esente Advisory Sdn Bhd
  17. Finex Capital Holding Sdn Bhd
  18. Global Link Plus Properties Sdn Bhd
  19. Hui Brother Restaurant (M) Sdn Bhd
  20. Imagine AI Sdn Bhd
  21. Infinite Renco Sdn Bhd
  22. ITAC Skills Academy Sdn Bhd
  23. Kirin Industry Sdn Bhd
  24. KOA Production
  25. Maze Global Sdn Bhd
  26. Nam Heong Restaurant Holdings Sdn Bhd
  27. ODY Infinite Holdings Sdn Bhd
  28. P & A Transport & Services Sdn Bhd
  29. Prop Wealth Sdn Bhd
  30. Qiye Technology Sdn Bhd
  31. Sky Mirror World Tour Sdn Bhd (GoMyHire)
  32. The Bomb Battle Sdn Bhd
  33. Traderpreneur Xcellence Sdn Bhd
  34. U Plus Realty Sdn Bhd
  35. VBH Group Sdn Bhd
  36. VVinners Technology Sdn Bhd
  37. WITO Technology Sdn Bhd

DISTINGUISHED BULL AWARDS

  1. Always Marketing (M) Sdn Bhd
  2. Aqurate Ingredients Intl (M) Sdn Bhd
  3. Ezytronic Sdn Bhd
  4. International Footwear (Penang) Sdn Bhd
  5. Kanika (Malaysia) Sdn Bhd
  6. Khean Seng Engineering Sdn Bhd
  7. Pilot Construction Sdn Bhd
  8. Seng Kong Shutter Industries Sdn Bhd
  9. Shin-Yo Engineering Sdn Bhd
  10. Sinoflex Logistics Sdn Bhd
  11. The Olive Tree Group
  12. UIS Technologies Sdn Bhd

DIGITAL TRANSFORMATION AWARDS

  1. AG Statue Maker & Silverware Sdn Bhd
  2. Alpha Solar Sdn Bhd
  3. Always Marketing (M) Sdn Bhd
  4. BIV Multimedia Sdn Bhd
  5. BOSS Solutions Global Sdn Bhd
  6. Engenious Solutions Sdn Bhd
  7. Green Island Feed Mills Sdn Bhd
  8. IPC Industries Sdn Bhd
  9. Kredence Creative Solutions Sdn Bhd
  10. Maze Global Sdn Bhd
  11. Pan Elite Resources Sdn Bhd
  12. Percetakan Tenaga Sdn Bhd
  13. Sentai Kitchenware Sdn Bhd
  14. Teamplete Sdn Bhd
  15. Wiki Labs Sdn Bhd

Hashtag: #goldenbullaward

The issuer is solely responsible for the content of this announcement.

About SAMENTA

Established in 1986, SAMENTA is Malaysia’s oldest and largest association of SMEs, with over 4,700 members across the country. A multi-racial, multi-sector association, SAMENTA has been at the forefront of championing a SME-friendly business environment and connecting SMEs to regional and global opportunities.

About Business Media International

Business Media International is a subsidiary of Audience Analytics Limited (1AZ.SG), a regional leader in promoting growth for companies in Asia through data-driven brands and initiatives. BMI owns renowned media brands such as SME Magazine, HR Asia, Capital Asia, Energy Asia, Logistics Asia, TruthTV, and CXP Asia as well as business impact assessment brands such as SME100, HR Asia Best Companies to Work for in Asia, Golden Bull Awards and CXP Asia Best Customer Experience Awards. BMI also organises various exhibitions and has the proprietary software-as-a-service — Total Engagement Assessment Model – in its portfolio.

Laos Establishes Bullion Bank to Secure Gold Reserves, Stabilize Kip

The signing ceremony (Photo: Vientiane Times)

The Ministry of Finance, has signed an agreement with PTL  Holding Co., Ltd. on 7 August to establish the Lao Bullion Bank to build gold reserves, enhance financial stability, and strengthen the Lao Kip. 

Laos to Establish Tug-of-War as National Sport Under New Leadership

Laos to Establish Tug-of-War as National Sport Under New Leadership
Lao junior team prepares for Asean Tug of War Championship in 2019 (photo credit: Vientiane Times)

Laos’ Tug-of-War Federation is set to revive the sport under new leadership, with plans to elevate it nationally and increase its regional presence in the coming year.

Lao Woman Found Dead in Thailand, Police Suspect Drug Use

Lao Woman Found Dead in Thailand, Police Suspect Drug Use
Chonburi police investigates the crime scene (Photo credit: Thairath)

A 28-year-old Lao woman, Phraimany, also known as Namfon, was discovered dead at a luxury 7-story condominium in Pattaya, Chonburi Province on August 8, with Thai police suspecting that the use of drugs may be involved.

“Zero-Prepayment Storage” RESTORE Will Cover Chai Wan and Hung Hom From September


HONG KONG SAR – Media OutReach Newswire – 9 August 2024 – “Zero-Prepayment Storage” RESTORE is coming to Chai Wan and Hung Hom this September, as part of its plan to provide innovative and carefree mini storage service to more locations in Hong Kong.

RESTORE HK

RESTORE currently operates close to 25 mini storage facilities across the territory, including Tuen Mun, Kwai Chung, Hung Hom, Sai Wan, North Point, Chai Wan, Wong Chuk Hang, Aberdeen, most with occupancies well over 90%. The company has also added more lockers in Sai Wan and Wong Chuk Hang just last month.

While demand for mini storage in Hong Kong continues to grow in recent years, concerns over prepayment risks, fire safety, facility and service quality control continue to weigh on the confidence of potential users. Combining a user-focused mindset, compliance-driven design and technology knowhow, RESTORE seeks to address these customer pain points with innovative solutions.

“Zero-Prepayment” Lowers Rental Risks

One of the distinguishing features of RESTORE is its “flexible payments for flexible service” approach. With its “Zero Prepayment” program, a commitment-free rental arrangement, the company is among one of the first local mini storage providers to introduce US-style payment flexibility to users in Hong Kong.

“Zero Prepayment” not only minimizes financial burden for storage users, it also avoids risks commonly associated with one-time prepayment schemes. Additionally, a commitment-free rental arrangement also allows customers to adjust their storage plans with convenience, enabling early move-outs or upgrade/downgrades as needed, without worrying about losses due to plan changes.

RESTORE also places great emphasis on pre- and after-sales service, with regular cleaning and maintenance regimes to ensure continuous customer enjoyment of high-quality storage service over their stay. Rare among its peers, RESTORE assigns dedicated personnel to see to the needs of each customer in a timely manner. Customer recognition for its service quality is readily felt from the multitude of positive reviews online.

Simplicity Through Tech and Design

RESTORE is dedicated to improving storage safety, facility management and service quality through tech innovations, including creative lighting solutions, smart temperature and humidity control systems. Each mini storage unit also features an independent smart electronic lock, enhancing the security of customers’ belongings, improving convenience, and elevating the overall storage experience for users.

RESTORE also boasts an in-house architectural design team to ensure close compliance with latest fire safety building codes, while creating bright and comfortable interiors for customers with a penchant for minimalist living.

Chai Wan Mini Storage Address: Unit C, 11th Floor, Man Foong Industrial Building, 7 Heung Yip Road, Chai Wan

Hung Hom Mini Storage Address: Unit C, 10th Floor, Phase 1, Triumph Industrial Centre, 37-45 Man Yue Street, Hung Hom

Hashtag: #Zero-PrepaymentStorage #ChaiWanMiniStorage #HungHomMiniStorage



The issuer is solely responsible for the content of this announcement.

Value Exchange International, Inc. Provides Business Update and Initiates the Process of Up-Listing to a National Securities Exchange


HONG KONG SAR – Media OutReach Newswire – 9 August 2024 – Value Exchange International, Inc. (OTCQB: VEII) (“VEII” or the “Company”) announced today recent efforts to achieve VEII’s strategic vision for the future and deliver value for our shareholders and business partners.

National Securities Exchange Listing Upgrade Plans
VEII has initiated the process of uplisting our Common Stock from OTC QB Venture Market to listing on a national securities exchange. The Company believes an uplisting would provide greater access to capital, increased liquidity for the Common Stock and a stronger capital market platform for strategic growth and innovation.

Business Updates
VEII has spearheaded the installation of Electronic Shelf Labels (“ESL”) systems in retail stores across Malaysia, Thailand, the Philippines, and Hong Kong. We have expanded our esteemed clientele base with orders for two stores set to be deployed in August in the Philippines. Looking ahead, VEII is exploring opportunities to deploy our ESL technology in the EU, reflecting our commitment to global growth.

Innovative Product and Service Developments
In line with our expanding ESL business, VEII is addressing the retail industry’s need for instant paper price tag changes. Our ESL Manager App now integrates with mobile printing technology, enabling on-the-spot, instant printing of paper price tags. This innovation is set to significantly increase our service coverage across global chain stores, which are yet to be considered for ESL deployment.

Furthermore, in the month of July, VEII has introduced a new 4-color ESL that is being deployed in stores in Johor Bahru, Malaysia and has gotten maiden orders of Android TV Box placed by a renowned electronics retail chain in Hong Kong.

Hashtag: #VEII

The issuer is solely responsible for the content of this announcement.

About Value Exchange

VEII is a U.S. holding company headquartered in Hong Kong, with offices in Shenzhen, Guangzhou, Shanghai, and Beijing China, Manila and Kuala Lumpur. The Company provides integrating, market- leading Point-of-Sale/Point-of-Interaction (POS/POI), Merchandising, CRM & Reward, Locational Based (GPS & Indoor Positioning System (IPS)) Marketing, Customer Analytics, and Business Intelligence solutions. Company’s retail POS solutions process tens of millions of transactions per year at approximately 20,000 retail outlets in Asia.

For more information, please visit: . Contents of URL are not incorporated herein.

Forward-looking Statements: This press release may contain forward-looking statements regarding Value Exchange International, Inc. and its operating subsidiaries (collectively, the “Company”) within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact included herein are “forward-looking statements” including statements regarding: prospects of future growth from expansion of business efforts (like ESL) or of actually achieving an uplisting of the Common Stock to a national securities exchange; the likelihood that the Company will continue to deliver and financially benefit from its core information technology services business; the financial outlook of the Company; the general ability of the Company to achieve its commercial objectives, including the focus on higher profit work, to operate as a going concern and fund essential working capital needs in a timely manner; ability to attain and maintain adequate internal controls and systems necessary to timely file required reports; ability of Company to find affordable, adequate funding for any future expansion of Company’s business and markets; ability of Company to properly manage and integrate any future acquisitions or manage any expanded operations; and any other statements of non-historical information. These forward-looking statements are often identified by the use of forward-looking terminology such as “believes,” “expects,” “hopes,” “anticipates,” “excited,” “seeks,” “should,” “could,” “intends,” or “projects” or similar and variant expressions and involve known and unknown risks and uncertainties. These statements are based upon the Company’s current expectations and speak only as of the date hereof. The Company’s actual results in any endeavor may differ materially and adversely from those expressed in any forward-looking statements as a result of various factors and uncertainties, which factors or uncertainties may be beyond our ability to foresee or control. Other risk factors include the status of the Company’s common stock as a “penny stock” and status as a smaller reporting company as well as those listed in Company’s Form 10-K Annual Report for the fiscal quarter ended December 31, 2023, Form 10-Q quarterly report for the quarter ended March 31, 2024 and other reports posted on The OTC Markets Group, Inc. website and filed with the Securities and Exchange Commission, which can be viewed at www.sec.gov.

Trend Micro Expands Partnership Focus to Secure Enterprise AI Use

AI Platform Strategy Extends to New Partnerships and Industry Cooperation


HONG KONG SAR – Media OutReach Newswire – 9 August 2024 – Trend Micro Incorporated (TYO: 4704; TSE: 4704) continues to pioneer advancements in its cybersecurity platform to secure enterprise AI use. Aligned with this innovation focus, the company today announced its partnership with GMI Cloud, a leading venture-backed AI-native GPU cloud provider specializing in the development of a vertically integrated platform optimized for AI and ML workloads. This collaboration aims to enhance security measures for AI implementations and protect sensitive data in high-performance computing environments. Supporting the responsible use of AI, the company also announced that it has joined the Coalition for Secure AI (COSAI) alongside partners including Google, NVIDIA, Microsoft, IBM and others.

Kevin Simzer, COO at Trend: “Most AI integrations in the cybersecurity industry today arrive in the form of chat bots, alert summarizers, or other basic functions. Far fewer resources have been invested in securing actual AI implementations or leveraging the technology to help stretched security teams as they deal with escalating complexity and risk. Our AI strategy brings this need to the forefront, underpinning Trend’s platform evolution as well as working with partners and industry to better manage enterprise risk around AI use.”

Building on a long history of working with partners to help customers, Trend is working closely with innovative partners like GMI Cloud, which has standardized on the Trend Vision One™ platform to protect its customers using AI. The integration of Trend Vision One™ – Companion, an AI assistant leveraging NVIDIA NIM microservices and accelerated computing, into GMI Cloud’s Cluster Engine interface provides proactive threat detection and response, even in air-gapped environments.

Alex Yeh, Founder and CEO at GMI Cloud: “Recent incidents involving CrowdStrike have underscored the vulnerabilities in cybersecurity and data security within cloud-based systems. In response, we’re thrilled to announce our partnership with Trend Micro to develop a GPU-powered private cloud. This collaboration aims to prioritize security and enhance enterprise and government sovereign cloud solutions. Our on-demand and reserved GPU instances and storage, utilizing NVIDIA Certified data centers, combined with Trend Micro’s security solutions, enable even the most tightly controlled organizations to use AI without compromising data sovereignty.”

As an early mover in making a definitive statement on responsible use of AI, Trend is also working with the broader industry and has been advocating for policies on responsible use and regulation of AI. The Coalition for Secure AI (COSAI) is focused on members collaborating and sharing best practices for secure AI deployment, AI security research and product development.

After joining the coalition this week, Trend’s first initiative as a COSAI member is to prepare cyber defenders for a changing cybersecurity landscape. Key to this, Trend will lead the development of a framework to help defenders to:

  • Identify needed investments to counter the offensive cybersecurity capabilities of current and future AI models.
  • Deploy appropriate mitigation techniques and maintain best practices.

The framework will also focus on how organizations can scale cybersecurity investments and expand effective mitigation strategies to address the evolution of AI models supporting threat actors’ use of offensive capabilities.Hashtag: #trendmicro #trendvisionone #visionone #cybersecurity




The issuer is solely responsible for the content of this announcement.

Trend Micro

Trend Micro, a global cybersecurity leader, helps make the world safe for exchanging digital information. Fueled by decades of security expertise, global threat research, and continuous innovation, Trend Micro’s AI-powered cybersecurity platform protects hundreds of thousands of organizations and millions of individuals across clouds, networks, devices, and endpoints. As a leader in cloud and enterprise cybersecurity, Trend’s platform delivers a powerful range of advanced threat defense techniques optimized for environments like AWS, Microsoft, and Google, and central visibility for better, faster detection and response. With 7,000 employees across 70 countries, Trend Micro enables organizations to simplify and secure their connected world.

ASEAN Launches Airborne Infection Defense Platform to Address Tuberculosis

ASEAN Launches Airborne Infection Defense Platform to Address Tuberculosis
(From left to right) John Edgar, Director of USAID Regional Development Mission for Asia, ASEAN Office, Teodoro Herbosa, Stop TB Partnership Board Chairman, Bounfeng Phoummalaysith, Minister of Health of Laos, and Phonepadith Xangsayarath, Director General of Department of Communicable Disease Control, Ministry of Health. (photo supplied)

The Airborne Infection Defense Platform (AIDP) was officially launched on 8 August in Vientiane Capital to strengthen ASEAN countries’ tuberculosis (TB) response, health care systems, and pandemic preparedness to address the growing issue of airborne respiratory infections.