Media OutReach
MSIG Insurance (Malaysia) Bhd Announces CEO Transition: Mr Chua Retires After 42 Years Of Distinguished Service
Industry veteran steps down after leading company through 15 years of consecutive business growth and digital transformation. He is succeeded by Ms Ang Yien Chia.
KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 11 July 2025 – MSIG Insurance (Malaysia) Bhd (“MSIG Malaysia”) announced that Mr. Chua Seck Guan, its Chief Executive Officer (CEO) since 30 March 2010, retired on 2 July 2025 after an illustrious career spanning 42 years in the insurance industry, including 15 years at the helm of MSIG Malaysia. Effective July 3, 2025, Ms. Ang Yien Chia succeeded him as the new CEO of the general insurer.
Mr. Chua’s career at MSIG Malaysia is marked by a series of remarkable achievements. Starting at the company when it was NZI Insurance as a Loss Control Surveyor, he progressively advanced through the ranks, occupying key leadership roles across various regions, including East Malaysia, Brunei Darussalam, and Peninsular Malaysia. During this period, he witnessed the company’s transformation, including experiencing two major mergers and four strategic acquisitions.
Beyond his corporate responsibilities, Mr Chua was instrumental in advocating for the advancement of the insurance industry in Malaysia and throughout ASEAN. He served in key roles with the General Insurance Association of Malaysia (PIAM), as industry representative of the Joint Committee on Climate Change (JC3), and with the ASEAN Insurance Council. He also held various board chairman and advisory roles across industry bodies. His journey reflects a legacy of strategic leadership and unwavering dedication to both the company and the insurance industry.
As the steward of one of the largest general insurance providers in the country, Mr Chua led MSIG Malaysia through significant milestones, including consistent growth in Gross Written Premium (GWP), underwriting results, and strong financial performance. He introduced innovative general insurance solutions tailored to the needs of today’s policyholders and pioneered digital transformation initiatives that enhanced customer experience and operational efficiency. Mr Chua was instrumental in establishing the insurer’s Data Analytics Department, leveraging consumer insights that enable the company to develop beneficial, win-win solutions for company, customers, and intermediaries, enabling the insurer and its partners to transition from tariff to risk-based pricing for both current and future products.
Under his leadership, MSIG Malaysia achieved 15 consecutive years of underwriting profitability, successfully navigated a key strategic partnership, and led the company through the detariffication of Motor and Property classes. The company also developed numerous innovative motor and fire products, with add-on products contributing to the company’s growth. This track record of sustained excellence and innovation has earned widespread industry recognition. Among the accolades received during Mr Chua’s tenure are the Asia Insurance Review’s General Insurance Company of the Year in 2015, and InsuranceAsia News’ Property and Casualty Insurer of the Year 2018 as well as multiple intragroup regional Innovation Awards and the PTV-Mini PA (microinsurance for B40).
Expressing his gratitude, Mr Chua stated, “It has been an incredible journey, and I am immensely thankful to our Head Office in Japan, MSIG Malaysia’s board members, senior leadership team and employees, as well as our partners, and our customers for their trust and support over these 42 years. I’m filled with gratitude, pride, and a deep sense of fulfilment as I transition to a senior advisory role. I leave confident that MSIG Malaysia will continue to thrive and grow under Ms. Ang’s capable leadership.”
Following Mr Chua’s retirement, MSIG Malaysia is pleased to announce the appointment of Ms. Ang Yien Chia as the new Chief Executive Officer, effective 3 July 2025. Ms. Ang brings extensive experience and a proven track record in the insurance sector, having served MSIG Malaysia for 29 years in various strategic roles across East and Peninsular Malaysia. Over the past eight years, she has been a key member of the Senior Management Team, where her leadership and strategic insights have played a vital role in shaping the company’s direction and fostering growth across multiple distribution channels, including Agency, Bancassurance, Broking, Direct Corporate and Affinity Partnerships.
Ms. Ang stated, “I am honoured to take on this role, building on the strong foundation laid by Mr Chua over the past four decades. My focus will be on driving continued innovation, enhancing customer satisfaction, and further strengthening MSIG Malaysia’s market position while preserving the culture of excellence and teamwork that has made us successful.”
To ensure a smooth transition, Mr Chua will continue to serve in a senior advisory capacity, helping to maintain continuity across strategic initiatives and key stakeholder relationships.
MSIG Malaysia expresses its deepest appreciation to Mr Chua for his exceptional leadership, vision, and dedication, and extends its best wishes as he transitions to his advisory role.
-END-
Frequently Asked Questions (FAQ)
1. Why is Mr Chua retiring from his role as CEO of MSIG Insurance (Malaysia) Bhd?
Mr Chua is retiring after an illustrious 42-year career in the insurance industry, including 15 years as the CEO of MSIG Malaysia. His retirement is part of a planned leadership transition, though he will continue to contribute as a senior business advisor.
2. Who will succeed Mr Chua as the new CEO of MSIG Malaysia?
Ms. Ang Yien Chia will succeed Mr Chua as the new CEO of MSIG Malaysia, effective 3 July 2025.
3. What are the key achievements of Mr Chua’s tenure at MSIG Malaysia?
Mr Chua led MSIG Malaysia to become one of the leading general insurers with consistent growth in Gross Written Premium (GWP), underwriting results, and strong financial performance for 15 consecutive years. He successfully navigated a key strategic partnership, led the company through the detariffication of Motor and Property classes, and established the Data Analytics Department. Under his leadership, the company introduced numerous innovative motor and fire products, with add-on products contributing significantly to the company’s GWP growth.
4. What will Mr Chua do after his retirement?
Mr Chua will transition to a senior business advisor role, sharing insights and advice to support a smooth leadership transition while minimising risks often associated with leadership changes. He remains committed to MSIG Malaysia and will focus on ensuring continuity and supporting the new CEO.
5. Who is the new CEO of MSIG Malaysia, and what is their background?
Ms. Ang Yien Chia is a homegrown talent with over 29 years of experience in the general insurance sector at MSIG Malaysia. She has built a strong strategic foundation through her involvement in several branch operations across East and Peninsular Malaysia, consistently driving excellence in business development, claims, and underwriting management. Over the past eight years, she has been a key member of the Senior Management Team, recognised for her ability to lead through change and strategic foresight.
6. How will this leadership transition impact MSIG Malaysia’s customers and partners?
MSIG Malaysia remains committed to maintaining its high standards of customer service, innovation, and financial strength. The leadership transition is designed to be smooth, with Mr Chua’s continued involvement as senior advisor ensuring no disruption to customers or partners. Ms. Ang’s 29-year tenure with the company ensures deep understanding of all stakeholder relationships.
7. Can we speak with Mr Chua or the new CEO for an interview?
Media interview requests can be directed to Yee Feng Lim (+603 2039 0908 | [email protected]) or Vinsant Huang (+604 2190 882 | [email protected]).
Hashtag: #MSIGMalaysia
The issuer is solely responsible for the content of this announcement.
About MSIG Insurance (Malaysia) Bhd
MSIG Insurance (Malaysia) Bhd (“MSIG Malaysia”) is a subsidiary of Mitsui Sumitomo Insurance Company, Limited and a member of MS&AD Insurance Group Holding, Inc. (MS&AD).
With over 100 years of general insurance experience and a nationwide network of 20 branches in Malaysia, MSIG Malaysia is one of the leading general insurers in Fire, Engineering and Motor classes and No.1* in Marine Cargo, offering an extensive range of products and services for personal and business needs.
MSIG Malaysia’s expertise is well recognised through its receipt of many prestigious awards. These have included the 2020 Reader’s Digest Quality Service Award – Silver winner in the Car Insurance category. MSIG was recognised for having one of the highest levels of quality service, which reflects the effort that the company has put in to satisfy consumers’ demand for high service standards. The company was also awarded the 2018 “Outstanding Property and Casualty Insurer in Malaysia” award in the InsuranceAsia News Awards for Excellence. MSIG Malaysia was commended for leading the market with strong financial growth, investment in product innovation, enhanced digital capabilities in business and claims management systems and strong customer service proposition. Its commitment to customer service excellence through its efforts in enhancing the customer experience and industry leadership in Enterprise Risk Management also earned MSIG Malaysia the “General Insurance Company of the Year” at the Asia Insurance Industry Awards in 2015. Later at the 26th Asia Insurance Industry Awards 2022, MSIG Malaysia was among the Top 3 Finalists for the General Insurance Company of the Year.
For more information on MSIG Malaysia, visit www.msig.com.my or facebook.com/MSIGmy.
Media OutReach
MIMO: The AI-Native Storage Species Enables Desktop Scale AI Clusters With NVIDIA DGX Spark
- Engineered for the AI era, MIMO delivers breakthrough metrics: 400 GB/s bandwidth, 54 million IOPS, and 40–90 μs latency—all within a form factor comparable to a large suitcase.
- MIMO serves as both a high-performance data hub for large-scale GPU clusters and a flexible edge deployment platform, extending seamlessly to desktop environments where it orchestrates workflows with various DGX Spark units based on NVIDIA’s GB10 Grace Blackwell superchip.
- This architecture enables independent AI clusters supporting up to 16 computing nodes within constrained environments, managing the complete workflow from large-scale pre-training and fine-tuning to production inference—effectively democratizing enterprise-grade AI capabilities for labs, edge sites, and distributed teams.
SINGAPORE –
Professor Zhang Sheng from Tsinghua University Shenzhen International Graduate School expressed a more pragmatic view: “With this solution, we finally no longer have to rely on the university’s data center. Our current annual budget alone is enough to deploy an AI cluster within our lab that better fits our needs—this will significantly boost our research efficiency both technically and operationally. It’s truly fantastic news.”
Asia Debut Marks Industry Inflection Point
Earlier at the 8th China International Import Expo (CIIE), the solution’s core—the world’s first AI-native storage system MIMO—made its strategic Asian debut. Engineered for the AI era, MIMO delivers breakthrough metrics: 400 GB/s bandwidth, 54 million IOPS, and 40–90 μs latency—all within a form factor comparable to a large suitcase.
The platform’s defining Fast-Light-Edge proposition, delivered through its breakthrough architecture, cut through the exhibition noise, generating immediate and widespread attention. MIMO earned exclusive features in top-tier media including Hong Kong Ta Kung Pao and China Securities Journal, while its product demonstration videos gained rapid traction across leading digital channels.
Addressing Foundational Challenges: Technical Dialogues That Matter
During the exhibitions, technical leaders from the United States, Spain, Singapore, Colombia, the UAE (Dubai), India, Pakistan, and Hong Kong SAR engaged in substantive dialogues with Ridger’s Asia team, raising questions that revealed systemic industry gaps:
Architectural Transformation & Strategic Positioning
“Can MIMO fundamentally replace legacy storage architectures—traditional NAS, unified, distributed, and parallel file systems—to deliver accelerated parallel training and high-concurrency inference?”
“With such exceptional performance, would deploying MIMO for traditional enterprise applications represent strategic overinvestment or forward-looking infrastructure?”
Mobile Deployment & Borderless Operations
“MIMO’s suitcase-sized footprint suggests unprecedented mobility. Can it truly accompany research teams globally like standard equipment? How does it maintain operational continuity across jurisdictions? What’s the customs protocol for such ‘technical luggage’?”
Seamless Integration & Global Accessibility
“In scenarios with unnetworked AI servers, can MIMO rapidly establish dedicated training environments with true plug-and-play functionality?”
“Does MIMO integrate transparently with existing AI infrastructure and software stacks without requiring modifications?”
“Beyond Asia-Pacific, what’s the procurement pathway for MIMO? Which currencies and payment methods are accommodated?”
Architectural Breakthrough: Redefining What’s Possible
Addressing these operational realities, Ridger demonstrated MIMO’s system-level value—transcending its role as a storage device to become an architectural cornerstone. MIMO serves as both a high-performance data hub for large-scale GPU clusters and a flexible edge deployment platform, extending seamlessly to desktop environments where it orchestrates workflows with various DGX Spark units based on NVIDIA’s GB10 Grace Blackwell superchip.
Notably, eight global OEM partners—including Dell, HPE, Lenovo, xFusion, H3C, MSI, GIGABYTE, and Acer—have concurrently launched Spark versions based on NVIDIA’s GB10 Grace Blackwell superchip, creating a robust compatibility foundation for MIMO’s ecosystem integration.
This architecture enables independent AI clusters supporting up to 16 computing nodes within constrained environments, managing the complete workflow from large-scale pre-training and fine-tuning to production inference—effectively democratizing enterprise-grade AI capabilities for labs, edge sites, and distributed teams.
As Zhu Ting, an industry observer from Beijing, noted: “This represents the ‘IBM PC moment’ for AI infrastructure—transforming specialized capability into accessible utility.”
Market Validation Through Early Adoption
Market response has been decisive. Following the exhibitions, pioneering organizations across pathological image foundation model development, legal-tech innovation, industrial visual inspection, and naked-eye 3D content production have joined Ridger’s Early Access program, validating the architecture’s transformative potential in real-world operational contexts.
Global Rollout: Accelerating Accessibility
Responding to accelerating global demand, Ridger confirmed the imminent launch of the complete MIMO portfolio and optimized solution bundles for specific DGX Spark configurations through the Ridger Official Global Store. Designed as a frictionless procurement channel, the platform will support diverse payment options including multiple fiat currencies and cryptocurrencies—streamlining access to advanced AI infrastructure.
Organizations seeking deeper understanding of MIMO and its integrated lightweight AI solution with DGX Spark are invited to connect with Ridger team or its strategic partner, NVIDIA Elite Solution Partner SinoInfo.
Hashtag: #Technology #ESG #AI #GPU #Enterprise #Finance #Storage #Flash #Compute #DGX-Spark #NVIDIA #AI-Lab #GDS #NAS #AI-Native
https://ridger.tech/
https://www.linkedin.com/company/ridger/
https://www.youtube.com/@ridgertech
The issuer is solely responsible for the content of this announcement.
Ridger
Ridger is a global technology pioneer building next-generation computing & storage infrastructure for the AI era. Born in the East and operating worldwide, Ridger challenges conventional paths to create new technological paradigms.
The team unites seasoned experts from global storage leaders with visionary AI architects, all driven by a shared mission to democratize cutting-edge technology, rejects incremental improvements and hollow prestige, focusing exclusively on foundational breakthroughs that deliver tangible value and sustainable impact.
From architecture to implementation and from service to empowerment, Ridger provides end-to-end solutions that help clients worldwide ascend to their highest summits.
Media OutReach
Johnson & Johnson and Asia Pacific Patient Advocacy Group Leaders Unite to Strengthen Shared Decision-Making in Lung Cancer Care
J&J deepens its commitment to patient empowerment in Asia Pacific by launching J&J withMe, a new patient portal offering tailored patient resources, and co-driving market-specific initiatives with patient advocacy groups
SINGAPORE – Media OutReach Newswire – 11 December 2025 – Johnson & Johnson announced the next phase of The 3rd Opinion campaign across Asia Pacific, focused on championing shared decision-making between lung cancer patients and healthcare professionals through events and stakeholder engagements at ESMO Asia 2025 in Singapore.
At a Patient Reception on 6th December 2025, 20 leaders from 17 patient advocacy groups from across Asia Pacific, Europe and the United States shared their support for the need to strengthen shared decision-making. On December 7, 2025, the ESMO Asia 2025 Symposium, ‘Advancing EGFRm NSCLC Treatment Through Shared Decision-Making’ highlighted the role of healthcare professionals not only in making sense of the data but also in helping patients and their families navigate complex decision-making.
“High prevalence in Asia of certain NSCLC mutations makes the choice of first-line therapy absolutely critical. Treatment decisions must balance clinical objectives with patient values — weighing disease biology, survival prospects, durable disease control and the tradeoffs of side effects. That’s why shared decision-making is essential: clinicians should present all appropriate treatment options, so the final choice is collaborative and aligned with each patient’s goals,” said Professor Zhu Zhengfei, Director of the Radiation Oncology Department, Fudan University Shanghai Cancer Center.
“When lung cancer patients are empowered to speak up and understand their options, they are more likely to continue the treatment and their dignity is preserved. Initiatives like ‘The 3rd Opinion’ are vital for fostering truly patient-centered partnerships between people living with cancer and their healthcare teams,” noted Ms. Liu Yiting, Marketing & Branding Director, China MeetHealth Mi-Jian Patient Community.
“The shared commitment validates what many people living with lung cancer have long expressed: shared decision making is essential. From our experience supporting patients, meaningful conversations with clinicians help acknowledge patients’ experiences, address their concerns, and preserving their hopes,” added Mr. Jung-Il Cho, Chairman of Korea Lung Cancer Patients Association.
Our commitment comes off the back of a recent patient survey revealing that 90% of Japanese lung cancer patients want to play an active role in their treatment decisions. The survey also found that shared decision-making, where physicians and patients jointly compare treatment options and decide together, is the strongest driver of treatment satisfaction.1
Patient survey finds that those engaged in shared decision-making were 11 times more likely to report higher satisfaction with their treatments, with 90% of lung cancer patients in Japan wanting to play an active role in their treatment decisions. This finding underscores the importance of shared decision-making and patient-centered care.1
To bridge the gap between patients’ desire to engage in shared decision making and their lack of practical support, J&J has launched “J&J withMe”, an online hub that equips lung cancer patients and caregivers with tailored toolkits and conversation guides to prepare for consultations and make informed, personalized treatment decisions.
Anthony Elgamal, Vice President of Oncology, Johnson & Johnson Innovative Medicine Asia Pacific said, “The 3rd Opinion truly puts patients at the center of care. As part of our deep commitment to address patients’ unmet needs, we will continue partnering with patient advocacy groups and healthcare professionals to help patients to find their voice and the moment when medical advice meets what truly matters to patients.”
In recognition of diverse cultural and clinical norms across Asia Pacific, J&J has also rolled out tailored market activations in collaboration with local patient advocacy groups:
- Provision of patient resources such as the “Lung Cancer Book of Answers” in China, ‘Value of Time’ video for patients in Japan, and educational assets in India and Australia/New Zealand;
- Digital and social media engagement featuring patients and creators discussing the importance of shared decision-making across Singapore, Malaysia, Philippines, Thailand, and Vietnam;
- Event engagement via the establishment of a patient advisory board in India;
- Corporate Social Responsibility program with a lung cancer patient group in Korea, bringing employees and patients together to better understand the disease burden of patients and strengthen emotional support for the patient community.
###
About the 3rd Opinion
“The 3rd Opinion”, the patient’s own opinion, is a new term that sparks a social movement in the lung cancer treatment journey – designed to elevate the patient voice and empower individuals to take an active role in shaping their treatment plan. By prioritizing shared decision-making between patients and healthcare professionals, this collaborative approach ensures that treatment choices are aligned to each patient’s goals, preferences and circumstances. This results in more informed decisions, greater patient satisfaction, and the best possible outcomes.
About Non-Small Cell Lung Cancer
Worldwide, lung cancer is one of the most common cancers, with NSCLC making up 80 to 85 percent of all lung cancer cases.[1], [2] The main subtypes of NSCLC are adenocarcinoma, squamous cell carcinoma, and large cell carcinoma.[3] Among the most common driver mutations in NSCLC are alterations in EGFR, which is a receptor tyrosine kinase controlling cell growth and division.[4] EGFR mutations are present in 10 to 15 percent of Western patients with NSCLC with adenocarcinoma histology and occur in 40 to 50 percent of Asian patients.[5], [6],[7],[8],[9],[10] EGFR ex19del or EGFR L858R mutations are the most common EGFR mutations.[11] The five-year survival rate for all people with advanced NSCLC and EGFR mutations treated with EGFR tyrosine kinase inhibitors (TKIs) is less than 20 percent.[12],[13] EGFR exon 20 insertion mutations are the third most prevalent activating EGFR mutation.[14] Patients with EGFR exon 20 insertion mutations have a real-world five-year overall survival (OS) of eight percent in the frontline setting, which is worse than patients with EGFR ex19del or L858R mutations, who have a real-world five-year OS of 19 percent.[15]By comparison, other common cancers, such as breast and prostate cancer have a 5-year real world OS of 90% and 97% respectively[16].
[2] The World Health Organization. Cancer. https://www.who.int/news-room/fact-sheets/detail/cancer. Accessed March 2025.
Hashtag: #Johnson&Johnson
The issuer is solely responsible for the content of this announcement.
About Johnson & Johnson
At Johnson & Johnson, we believe health is everything. Our strength in healthcare innovation empowers us to build a world where complex diseases are prevented, treated, and cured, where treatments are smarter and less invasive, and solutions are personal. Through our expertise in Innovative Medicine and MedTech, we are uniquely positioned to innovate across the full spectrum of healthcare solutions today to deliver the breakthroughs of tomorrow, and profoundly impact health for humanity.
Learn more at
https://www.jnj.com/ or at
www.innovativemedicine.jnj.com. Follow us at
@JNJInnovMed.
Johnson & Johnson Innovative Medicine Asia Pacific, a division of Johnson & Johnson International (Singapore) Pte. Ltd is a Johnson & Johnson company.
© Johnson & Johnson International (Singapore) Pte. Ltd. [2025] All rights reserved.
Media OutReach
Skychakra Global Capital Strategy Upgrade: Advancing Cross-Border Listings and RWA Ecosystem
As a global hub for innovation and capital, Hong Kong serves as a significant gateway for the activation of Skychakra’s global strategy. This inauguration not only symbolizes the completion of the facility but also marks the comprehensive rollout of Skychakra’s international layout.
Official Launch of Cross-Border Listing Incubation Center
During the inauguration, Skychakra announced the establishment of a cross-border listing incubation center, led by a professional team qualified with SEC, PCAOB, and FINRA credentials, boasting over a hundred projects in cross-border listings. The service scope includes U.S. stocks, Hong Kong stocks, and SPACs. Unlike traditional investment banks and financial advisors, Skychakra offers a “full-link” service for enterprise capitalization, encompassing red-chip structure setup, financial and audit compliance, SEC and Hong Kong Stock Exchange filing guidance, dual-path IPO/SPAC design, market value management, enterprise internationalization guidance, and digital upgrades.
Originally planning to sign contracts for four companies at the conference, Skychakra exceeded expectations by signing 12, demonstrating its strong appeal and industry influence in cross-border listings and capital operations.
RWA Technology Ecosystem: Making Enterprise Assets Visible to the Financial System
Real World Assets (RWA) are becoming the core of global financial transformation. From BlackRock’s launch of tokenized funds to Hong Kong and Singapore incorporating RWA into financial infrastructure, RWAs are transitioning from concept to large-scale implementation. Skychakra emphasizes that small and medium-sized enterprises face common challenges such as lack of recognition for their assets within the financial system, difficulties in cross-border financing, and a lack of transparency in asset value.
The Skychakra RWA ecosystem will provide enterprises with: tokenizable asset identification, asset structuring and entitlement, on-chain mapping and minting, cross-border compliance design, global issuance and liquidity channels, and on-chain risk control and transparent tracking. The core value of RWA lies in reducing friction for enterprises in connecting to global capital, enhancing asset liquidity and valuation potential.
A Holistic Growth Model: “From People to Enterprises, From Enterprises to Capital”
Skychakra’s differentiated advantage stems from its foundational logic of “starting with people.” The Skychakra energy courses utilize scientific equipment to measure energy fields, emotional frequencies, and meridian states, assisting individuals in enhancing stability, insight, and decision-making abilities.
Based on this foundation, Skychakra constructs three major systems:
1. Enterprise Growth System: Enhancing organizational capabilities, introducing international business, and providing capital operation guidance.
2. Capitalization System: Building global financing capabilities through listings and RWA structures.
3. Asset Digitalization System: Making enterprise value quantifiable, verifiable, and tradable.
These three systems dynamically interact in a spiral structure, forming Skychakra’s unique full-link growth ecosystem.
Conclusion: Global Layout for Greater International Influence
The inauguration of Skychakra’s Hong Kong International Center signifies the official implementation of the group’s globalization strategy. Looking forward, the focus will be on Hong Kong as the core, with Asia as the main axis, while establishing deep collaborations with the North American and Middle Eastern markets. Through this global layout, Skychakra is creating a new organizational model that transcends regions, industries, and capital, enabling enterprises to achieve value flow in the global market and allowing more Asian companies to gain a stronger voice on the international stage.
Hashtag: #Skychakra
The issuer is solely responsible for the content of this announcement.
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