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Eq8 Unveils World’s First Waqf ETF To Drive Socio-Economic Impact Investing

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KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 10 December 2024 – Eq8 Capital Sdn Bhd (“Eq8“), a member of Kenanga Investors Group (“Kenanga Investors”), has announced the listing of the world’s first Waqf-featured exchange-traded fund (“ETF“), the Eq8 FTSE Malaysia Enhanced Dividend Waqf ETF (“Waqf ETF” or “EQ8WAQF“), on the Main Market of Bursa Malaysia Securities Berhad (“Bursa Malaysia” or “Exchange“). The Waqf ETF aims to distribute income annually with half of the income distribution to be allocated as Waqf assets with the remaining half payable to unitholders. The launch is the result of a strategic collaboration between Eq8 and Yayasan Waqaf Malaysia (“YWM“) which was announced in June this year with YWM as the appointed Waqf administrator of the Waqf assets generated by the Waqf ETF.

Sixth from left to right: Tan Sri Abdul Wahid Omar, Chairman of Bursa Malaysia; Yang Berhormat Senator Dato’ Setia Dr. Haji Mohd Na’im bin Haji Mokhtar, Minister of Religious Affairs, Prime Minister’s Office and Chairman of Yayasan Waqaf Malaysia; Datuk Chay Wai Leong, Group Managing Director of Kenanga Investment Bank Berhad; Datuk Muhamad Umar Swift, Chief Executive Officer of Bursa Malaysia; Mr. Steven Choy Khai Choon, Chairman/ Non-Independent Non-Executive Director of Kenanga Investors Berhad; and first from right: Datuk Wira Ismitz Matthew De Alwis, Executive Director/ Chief Executive Officer of Kenanga Investors Berhad at the launch of the world’s first Waqf-featured Exchange-Traded Fund, the Eq8 FTSE Malaysia Enhanced Dividend Waqf

“We are proud to announce the launch of the world’s first Waqf-featured ETF together with YWM, marking a significant milestone after months of dedicated effort. The Waqf ETF underscores Kenanga Investors unwavering commitment to advance impact investing, especially in today’s climate. Waqf is now widely recognised as a critical pillar of support for Malaysia’s socio-economic development and contributes to the United Nation’s Sustainable Development Goals. We perceive the launch to be in alignment with the government’s call for increased collaborations between religious bodies, the public and the private sectors in order to maximise potential for Waqf assets to fund projects such as education, healthcare, economic empowerment and environment. This reflects the spirit of Waqf in creating long-term, sustainable benefits for communities, fostering social equity, and addressing pressing societal needs”, said Kenanga Investors’ Executive Director and Chief Executive Officer, Datuk Wira Ismitz Matthew De Alwis.

The Waqf ETF represents a continuous commitment by Kenanga Investors and its group of companies to participate in the Securities Commission Malaysia’s Islamic Fund and Wealth Management Blueprint, Waqf-Featured Fund Framework alongside the enhancements to Bursa Malaysia’s Main Market Listing Requirements. The Waqf ETF is the third Waqf-featured product by the group that has been issued since the launch of the Kenanga Waqf Al-Ihsan Fund in 2021.

Umar Alhadad, Executive Director of Eq8, shared, “EQ8WAQF exemplifies how an Islamic capital market product can be innovatively developed to integrate investment returns while fostering inclusivity, sustainability, and shared prosperity. Through democratised access on the Exchange, investors will have the opportunity to access and achieve dual impact investing goals from the Waqf ETF. EQ8WAQF features an index lead scheme to generate dividends from the thoughtfully designed index which combines an income-focused strategy with a momentum-based approach. This innovative strategy aims to deliver higher dividend yields while providing investors with potential capital growth, positioning it as an advantageous alternative to traditional dividend-focused funds”.

“We are glad to continue our partnership with Kenanga Investors with the introduction of the Eq8 FTSE Malaysia Enhanced Dividend Waqf ETF. This Waqf ETF serves as an additional instrument in accommodating Yayasan Waqaf Malaysia’s efforts to grow Waqf assets and the wellbeing of the community with the distribution of the Waqf assets for the EQWAQF to be channelled towards economic empowerment, education, healthcare, and environmental causes. With the formation of innovative products like this, investors of all faiths may now take part in contributing towards the betterment of society. We look forward to working closely with more stakeholders across Malaysia to drive the growth and development of Waqf”, YWM’s Chief Executive Officer, Dr. Ridzwan Bakar explained.

Bursa Malaysia’s Chief Executive Officer, Datuk Muhamad Umar Swift, said, “We extend our congratulations to Eq8 and Yayasan Waqaf Malaysia on the launch of the world’s first waqf-featured ETF. the Exchange has observed a growing trend of investors opting for Shariah or ethical investing, given its close alignment with ESG investing. As such, the introduction of the EQ8WAQF is therefore timely and is expected to be well-received by investors, particularly those seeking financial returns while making a positive impact on society. Importantly, the EQ8WAQF supports our effort to broaden investment opportunities and foster inclusivity for investors, offering more products to encourage their participation in the capital market”. The Waqf ETF is the fifth addition to Eq8’s ETF product suite making it the largest ETF issuer in Malaysia. EQ8WAQF is suitable for investors seeking medium to long-term investment opportunities in liquid financial instruments with index-tracking features that focus on high-yield, dividend-paying Shariah-compliant equities.

For more information about Eq8, please visit www.eq8.com.my.

Hashtag: #Kenanga

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

Eq8 Capital Sdn Bhd (Formerly known as i-VCAP Management Sdn Bhd) 200701034939 (792968-D)

Eq8 is a wholly owned subsidiary of Kenanga Investors Berhad and was incorporated on 25 October 2007. Eq8 holds a Capital Markets Services Licence (CMSL) for fund management in relation to portfolio management which was issued by the Securities Commission Malaysia under the Capital Markets and Services Act 2007. Its principal business activity is the provision of Shariah-compliant investment management services.

Eq8 manages five equity ETFs that are listed on Bursa Malaysia. As at 30 November 2024, the asset under management is RM348 million.

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Woh Hup Celebrates Nine Decades of Flavour, Family and Innovation with Four Bold New Sauces

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Singapore Turns 61. Woh Hup Turns 90.

SINGAPORE – Media OutReach Newswire – 5 August 2026 – Every August, Singapore celebrates more than another year of nationhood. It celebrates the people, businesses and traditions that have quietly grown alongside the nation, becoming part of its shared identity and everyday life.

The Woh Hup chilli sauce range — Green Chilli, Mala Sriracha Chilli and Smoky Sriracha Chilli — pairs with everything from fried chicken to grilled skewers and seafood.

This National Day, as Singapore marks its 61st birthday, one of its oldest homegrown food brands reaches a remarkable milestone of its own.

For 90 years, Woh Hup has flavoured family dinners, festive reunions, neighbourhood barbecues and everyday meals that have become cherished memories across generations of Singaporeans. From humble beginnings in 1936 in Chinatown, Woh Hup has become a trusted name in kitchens both locally and internationally. By the 1980s, Woh Hup had established itself as the leading producer of oyster sauce in Singapore, a testament to its dedication and expertise.

Woh Hup sauces are now enjoyed, not just in Asian kitchens, but tables worldwide.

This August, as Singaporeans look forward to celebrating National Day with family, friends and neighbours, Woh Hup marks its 90th anniversary by unveiling four exciting additions to its chilli sauce family—bringing fresh inspiration to the tables where memories continue to be made.

More than a product launch, the new range reflects a heritage brand confidently looking ahead— combining nine decades of craftsmanship with the bold, adventurous flavours embraced by todays global consumers.

For 90 years, families have welcomed Woh Hup into their kitchens and celebrations. That trust is our greatest honour – and our reason to keep evolving. These four new sauces honour where we came from, while embracing the bold flavours of modern Asian dining,” said Leong Chee Kang, Chief Executive Officer of Woh Hup.

The launch introduces four new sauces, each designed to bring versatility, convenience and vibrant flavour to today’s kitchens.

Mala Sriracha Chilli Sauce combines the unmistakable tang of sriracha with a tingling, numbing mala warmth, delivering a bold, layered heat that pairs naturally with fried chicken, dumplings, ramen and hotpot favourites.

For seafood lovers, the new Green Chilli Sauce for Seafood blends lively green chillies with refreshing notes to complement grilled fish, oysters, calamari and Singapore’s iconic seafood feasts.

Smoky Sriracha Chilli Sauce layers rich smokiness over classic sriracha — an ideal companion for burgers, barbecue skewers, grilled meats and hearty comfort food.

Rounding out the launch is Mala Seasoning Sauce, which delivers the signature tingling, numbing heat of Sichuan-inspired mala balanced with rich savoury notes. In an easy-to-use liquid form that mixes evenly for consistent colour and flavour, just a few drops transform stir-fries, soups and noodles into a multi-layered sensory experience — bringing bold mala excitement to everyday cooking.

Woh Hup Mala Seasoning Sauce is a ready-to-use seasoning sauce that brings signature numbing heat to everything from everyday meals to BBQ adventures.
Woh Hup Mala Seasoning Sauce is a ready-to-use seasoning sauce that brings signature numbing heat to everything from everyday meals to BBQ adventures.

Packaged in convenient new squeeze bottles, the three chilli sauces make everyday cooking and entertaining easier than ever — no spoons, no mess, just great flavour at a squeeze. The seasoning sauce comes in a classic glass bottle, ready to drizzle straight onto your meal or into the wok — bold Asian flavours to elevate every dish.

The new Woh Hup range — Mala Sriracha Chilli Sauce, Green Chilli Sauce for Seafood, Smoky Sriracha Chilli Sauce and Mala Seasoning Sauce — will be available at leading supermarkets and retail outlets across Singapore from August 2026.

As Singapore celebrates another year of nationhood, Woh Hup celebrates something equally meaningful—the millions of meals, conversations and family moments its products have quietly accompanied over the past nine decades.

Ninety years on, the recipe hasnt changed: bring people together, one meal at a time.

Hashtag: #WohHup

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

About Woh Hup

Founded in 1936, Woh Hup is one of Singapores longest-established homegrown food brands and a trusted name in Asian sauces. For 90 years, the company has remained dedicated to crafting high-quality flavours that inspire home cooks and professional chefs around the globe.

Today, Woh Hups growing portfolio of sauces, cooking pastes and convenience products is enjoyed by consumers in Singapore and international markets, reflecting the brands enduring commitment to heritage, innovation and culinary excellence.

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AuctuCel launches AuctuPrime to reduce biological variability in cell therapy manufacturing

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Chemically defined medium removes animal serum and human platelet supplements as Malaysia and Singapore strengthen advanced therapy capabilities

SINGAPORE – Media OutReach Newswire – 4 August 2026 –Singapore is estimated to record approximately 19,290 new cancer cases in 2024, underscoring the growing demand for advanced treatment options and the manufacturing systems needed to produce them consistently. As cell therapies move from research towards clinical use, the reliability of every raw material used in production becomes increasingly important.

AuctuCel Pte Ltd, a Singapore biotechnology company specialising in AI-powered bioprocess technologies, today announced the launch of AuctuPrime, a next-generation chemically defined cell culture medium developed in collaboration with Sperikon. The formulation is designed to remove dependence on both animal serum and donor-derived human platelet supplements during cell therapy manufacturing.

The launch comes as both markets continue to deepen their advanced therapy ecosystems. The Singapore Economic Development Board reported that the country saw a fourfold increase in locally incorporated biotechnology companies since 2015. In Malaysia, the National Pharmaceutical Regulatory Agency issued updated cell and gene therapy product guidance in September 2025, including revised Good Manufacturing Practice requirements. As more research moves towards clinical translation, the reliability and traceability of manufacturing inputs are receiving greater attention.

A less visible bottleneck in cell therapy

Cell therapies are advancing across cancer, autoimmune disease and regenerative medicine, but manufacturing remains one of the major barriers to wider clinical and commercial adoption. Many conventional culture processes still use animal serum or platelet-derived supplements from human donors. These biological materials can vary between batches and may introduce additional sourcing, testing and documentation requirements.

AuctuPrime replaces these supplements with a fully chemically defined formulation. By giving researchers and manufacturers clearer control over what enters the process, it is intended to provide a more reproducible foundation for scale-up from laboratory research to clinical and commercial manufacturing.

The formulation is designed to support:

* Elimination of animal serum and human platelet supplements

* Reduced batch-to-batch variability in the culture process

* Lower dependence on donor-derived biological raw materials

* Greater supply chain resilience through chemically defined inputs

* More consistent scale-up and technology transfer across manufacturing stages

* A xeno-free approach for regenerative medicine and cell therapy workflowsWhy the manufacturing medium matters to patients

“Culture medium is not the therapy itself, but it can influence how reliably cells are produced. By removing animal serum and human platelet supplements, AuctuPrime gives researchers and manufacturers greater control over the process, helping to reduce variability and prepare for larger-scale production.” said Dr Zach Pang, Co-founder and Chief Scientific Officer of AuctuCel.

Supporting Singapore’s advanced therapy ecosystem

Singapore is strengthening its position as a regional hub for advanced therapies, supported by its universities, hospitals, research institutions and biotechnology companies. These organisations are building capabilities that connect early-stage research with regulated manufacturing and future clinical applications. Chemically defined media can support this progress by reducing reliance on variable biological inputs and enabling processes to be reproduced more consistently across local research and manufacturing facilities.

Singapore’s continued progress in regenerative medicine will depend not only on scientific breakthroughs, but also on the ability to manufacture therapies safely, consistently and at scale. AuctuPrime represents an important step towards building a more reproducible manufacturing platform and can support local research and industry teams as they prepare for future clinical and commercial demand,” said Dr Chee Wai Fhu, Chief Executive Officer of AuctuCel.

For the wider region, stronger manufacturing foundations also matter for healthcare resilience. Cell therapies are complex products with demanding quality requirements, and the ability to manufacture them consistently will shape how quickly promising research can progress towards clinical use.

“The future of regenerative medicine depends not only on scientific breakthroughs, but on our ability to manufacture these therapies safely, consistently and at scale,” said Dr Chee Wai Fhu, Chief Executive Officer of AuctuCel. “AuctuPrime is an important step towards a more reproducible manufacturing platform. By removing dependence on animal serum and human platelet supplements, we hope to help researchers and manufacturers build processes that are better prepared for future clinical and commercial demand.”

Regional collaboration behind the launch

AuctuPrime was developed through a collaboration between AuctuCel and Sperikon, combining AuctuCel’s bioprocess and culture media expertise with Sperikon’s experience in regenerative medicine and cell therapy development.

Behind every cell therapy breakthrough is a production process that must work repeatedly, not only once. Improving that process is one of the practical steps needed to bring the next generation of therapies closer to the patients who may benefit from them.

Notes to editors

A chemically defined medium is a formulation in which the components and their concentrations are known and controlled. In this context, xeno-free means the formulation does not rely on animal-derived materials. AuctuPrime is a manufacturing input used during cell culture and is not itself a cell therapy product.

Hashtag: #AuctuCel

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

About AuctuCel

AuctuCel is a Singapore-based biotechnology company spun out of A*STAR’s Bioprocessing Technology Institute. The company develops AI-powered bioprocess technologies and ready-to-use culture media solutions that help biotechnology and cell therapy companies improve manufacturing consistency, productivity and scalability. By combining advanced modelling, scientific expertise and bioprocess innovation, AuctuCel supports the translation of research into commercially viable biomanufacturing. The company has active operations and partnerships across Singapore, Malaysia and the wider Asian region.

About Sperikon

Sperikon is a biotechnology company focused on regenerative medicine, cell culture technologies and translational research. The company works with academic institutions and industry partners to develop scalable solutions that support the clinical and commercial adoption of advanced cell therapies. Through its collaboration with AuctuCel, Sperikon contributes to the development of next-generation chemically defined manufacturing platforms.

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Heartland 66 Accelerates Retail Transformation with the Launch of First-to-Market Korean Trend Zone and edgestreet Concept Space

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Strategic 10,400 sq. m. transformation brings 150+ fashion and lifestyle brands to Central China

WUHAN, CHINA & HONG KONG SAR – Media OutReach Newswire – 4 August 2026 – Heartland 66 in Wuhan, under Hang Lung Properties Limited (SEHK stock code: 00101) (“Hang Lung” or the “Company”), is expanding its new-generation, differentiated retail mix and customer experience offerings through the launch of Central China’s first curated 24KR Korean Trend Zone and edgestreet Concept Space. Building on the Heartland 66’s premium positioning, the two areas bring together Korean Wave culture, contemporary fashion, new-to-market brand launches, vibrant social spaces, and immersive experiences – forming part of Heartland 66’s transformation from a traditional retail destination into a trendy lifestyle hub, while contributing to the development of Wuhan’s retail sector.

24KR Korean Trend Zone, inspired by Seongsu-dong in Seoul, brings together more than 100 trendy Korean brands offering contemporary fashion, footwear and accessories, as well as food and coffee.

Launched between June and July, the 24KR Korean Trend Zone and “Greenhouse by edgestreet,” together spanning approximately 10,400 sq. m., feature a lineup of more than 150 brands. The 24KR Zone captures the contemporary Korean Wave that resonates with new-generation consumers and enriches the shopping experience. “Greenhouse”, meanwhile, is a concept space developed by edgestreet, centered on a greenhouse-inspired botanical theme and offering a diverse mix of design, aesthetics, home living and pet lifestyles. It blends modernfashion, lifestyle aesthetics and social interaction, deepening engagement with emerging customer segments. Among the first batch of brands unveiled, 24KR introduces 11 brands making their China debut and 15 making their Central China debut, while “Greenhouse” brings 20 brands opening their first stores in Wuhan.

"Greenhouse by edgestreet" focuses on designer brands, lifestyle and home living offerings, and pet lifestyle brands favored by new-generation customers, creating a stylish, warm and welcoming aesthetic space that delivers a "greenhouse experience."
“Greenhouse by edgestreet” focuses on designer brands, lifestyle and home living offerings, and pet lifestyle brands favored by new-generation customers, creating a stylish, warm and welcoming aesthetic space that delivers a “greenhouse experience.”

Such initiatives support Wuhan’s goal of accelerating its development into a forward-thinking city and an international consumption center. As a major transportation, education and commercial hub in Central China, Wuhan continues to attract university graduates seeking employment and entrepreneurship, as well as young talent from neighboring provinces who help to fuel local consumption. Heartland 66 aims to inject more emerging consumption experiences and commercial vitality into the local market.

Ms. Veronica Chan, Director – Mainland Business Operation, Hang Lung Properties, said, “Heartland 66 is actively introducing curated fashion and lifestyle offerings in response to the evolving consumer preferences. By providing a rich and diverse range of choices, we are creating placemaking destinations that foster a strong sense of community. As a commercial landmark in Wuhan, we will continue to strengthen our differentiated positioning, contribute to the city’s development as an international consumption center, and help stimulate consumer vitality.”

Mr. Harvey Ye, General Manager of Heartland 66, said, “The successive launch of 24KR Korean Trend Zone and ‘Greenhouse by edgestreet’ marks a firm step forward in engaging younger consumers and driving the revitalization and upgrading of our commercial spaces. On its opening day, the 24KR Zone lifted footfall by more than 50% year-on-year. ‘Greenhouse’, which followed shortly after, also drew a strong market response. Both underscore the powerful potential of the emerging consumer market and the surging economic vitality of Central China.”

Appendix — Details of the 24KR Korean Trend Zone and “Greenhouse by edgestreet”

Item 24KR Korean Trend Zone “Greenhouse by edgestreet”
Location in Heartland 66, Wuhan B1, East Zone L3, East Zone
Area Approximately 2,400 sq. m. Approximately 8,000 sq. m.
Positioning Contemporary Korean fashion and trendy lifestyle Curated designer brands and quality lifestyle offerings
Brand categories Trendy fashion, footwear and accessories, cosmetics and fragrances, designer toys, food and coffee Designer brands, lifestyle and home living offerings, pet lifestyle brands
Number of brands More than 100 trendy and creative Korean brands More than 50 emerging international brands
First-in-market highlights First batch: 11 China-debut and 15 Central China-debut brands, including FANCY CLUB, ZAENIO, IST KUNST, BLACKPURPLE and LAZY First batch: 20 first-in-Wuhan brands, including THE WAREHOUSE by SHOWROOM SHANGHAI, HiOneOne, DOROQ, ARTICLE NO., and D&L Pets Department Store
Design concept Inspired by Seongsu-dong in Seoul, incorporating Korean streetscape elements, tactile material textures, and layered urban details Centered on “Lifestyle Inspiration × Greenhouse Ecology × Artistic Aesthetics,” using light, shadow and greenery to create a natural and open spatial experience

Hashtag: #HangLungProperties

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

About Hang Lung Properties

Hang Lung Properties Limited (SEHK stock code: 00101) creates compelling spaces that enrich lives. Headquartered in Hong Kong and Shanghai, the Company manages a portfolio of over 3.6 million square meters of retail, office, residential, and hotel properties across Hong Kong and the Chinese Mainland.

The Company’s diverse portfolio in Hong Kong includes office towers and malls in prime districts, as well as luxury residential developments in prestigious areas. In the Chinese Mainland, under the signature “66” brand, the Company’s mixed-use and retail developments are regarded as premium landmarks, strategically located in the hearts of key cities of Shanghai, Shenyang, Jinan, Wuxi, Tianjin, Dalian, Kunming, Wuhan, and Hangzhou.

The Company is recognized for pioneering sustainability in the real estate industry, with an MSCI ESG rating of AA and inclusion on CDP “A List” for Climate Change. The Company powers 90% of its operating properties in the Chinese Mainland with renewable energy, with a net-zero commitment by 2050.

At Hang Lung Properties – We Do It Well.

For more information, please visit https://www.hanglung.com.

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