<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Jan 15): George Kent (Malaysia) Bhd has ventured into Vietnam with a new subsidiary that will operate an assembly plant capable of producing 600,000 water meters annually, and is set to commence operations in the second quarter of 2024.</p></div>

<div class=newsTextDataWrapInner><p>The group’s wholly owned subsidiary George Kent International Pte Ltd (GKI) has invested up to US$532,000 (RM2.46 million) for a 70% stake in George Kent (Vietnam) Company Ltd, it said in a statement on Monday.</p></div>

<div class=newsTextDataWrapInner><p>The remaining 30% stake is held by Pham Nguyen Hoang, a Vietnamese entrepreneur with over 30 years of experience in the metering distribution business.&nbsp;</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>According to George Kent chairman Tan Sri Tan Kay Hock, the new plant has an annual assembly capacity of 600,000 meters and strengthens the group’s ability to meet growing demand for water meters in Vietnam and potentially in neighbouring regions.</p></div>

<div class=newsTextDataWrapInner><p>“The assembly of meters, including the provision of our SisBa smart metering solutions, is set to commence in the second quarter of 2024, marking the beginning of an exciting phase in our operations for the financial year 2025,” he said.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>Shares in George Kent closed unchanged at 51 sen on Monday, giving it a market capitalisation of RM287.87 million.</p></div>


KUALA LUMPUR (Jan 15): George Kent (Malaysia) Bhd has ventured into Vietnam with a new subsidiary that will operate an assembly plant capable of producing 600,000 water meters annually, and is set to commence operations in the second quarter of 2024.

George Kent expands to Vietnam with new water meter assembly plant

Police have identified the male suspect who attacked the Ulu Tiram police station on Friday and confirmed that he has no links to any terrorist groups.

Inspector-General of Police Tan Sri Razarudin Husain clarified that the initial statement of the suspect being a member of Jemaah Islamiyah (JI) was based on his father's involvement with the terrorist group.

IGP: Suspect in Ulu Tiram police station attack not linked to terrorist group

From New York to London to Tokyo, if there’s one similarity among the world’s equity markets it’s this: record highs.

Of the world’s 20 largest stock markets, 14 have hit all-time highs recently.

From Tokyo to New York, stock markets are on a record-hitting spree around the world

All the suspects remanded on Saturday following the attack at the Ulu Tiram police station early on Friday morning are local citizens, said Inspector-General of Police Tan Sri Razarudin Husain.

Ulu Tiram attack: Seven suspects remanded are locals, says IGP

The Communist Party of Vietnam has nominated police minister To Lam to be state president, the government said on Saturday.

Vietnam nominates top police official To Lam as state president

Maybank and English Premier League club Manchester United have launched their latest co-branded credit card in Indonesia.

In 2023, Maybank and Manchester United announced the extension of their 13-year partnership into Indonesia — adding a fourth Asean country to their existing co-branded products available to customers in Malaysia, Singapore, and the Philippines.

Maybank, Manchester United launch new co-branded credit card in Indonesia

China's agriculture minister is being investigated for suspected violations of law and discipline, the country's anti-graft watchdog said on Saturday.

China probes agriculture minister for suspected disciplinary violations

Sarawak is optimistic that its state revenue will continue to grow over the next two to three years, driven by the state's strong economic performance this year, said Premier Tan Sri Abang Johari Tun Openg.

Abang Johari optimistic Sarawak's revenue will grow in next two to three years

A Russian court has frozen local assets of Germany’s Deutsche Bank AG and Italy’s UniCredit SpA under lawsuits totalling over €1 billion (RM5.1 billion) filed by a Gazprom PJSC venture.

Russia froze Deutsche Bank, UniCredit assets in Gazprom JV case

The Madrid Court of Appeal has upheld the contempt of court conviction and sentence of arbitrator Gonzalo Stampa in the Sulu claimants case against Malaysia.

Sulu case: Madrid Court of Appeal upholds Stampa's conviction, sentence, says Azalina

Canada is examining whether it needs to raise tariffs on Chinese-made electric vehicles (EVs) after the White House announced major new levies on them, Trade Minister Mary Ng said.

Canada is looking at EV tariff policy after Biden’s move against China

<p>The Madrid Court of Appeal has upheld the contempt of court conviction and sentence of arbitrator Gonzalo Stampa in the Sulu claimants case against Malaysia.</p>


<p>From New York to London to Tokyo, if there’s one similarity among the world’s equity markets it’s this: record highs.</p>

<p>Of the world’s 20 largest stock markets, 14 have hit all-time highs recently.</p>


<p>Maybank and English Premier League club Manchester United have launched their latest co-branded credit card in Indonesia.</p>

<p>In 2023, Maybank and Manchester United announced the extension of their 13-year partnership into Indonesia — adding a fourth Asean country to their existing co-branded products available to customers in Malaysia, Singapore, and the Philippines.</p>


<p>Police have identified the male suspect who attacked the Ulu Tiram police station on Friday and confirmed that he has no links to any terrorist groups.</p>

<p>Inspector-General of Police Tan Sri Razarudin Husain clarified that the initial statement of the suspect being a member of Jemaah Islamiyah (JI) was based on his father's involvement with the terrorist group.</p>


<p>A Russian court has frozen local assets of Germany’s Deutsche Bank AG and Italy’s UniCredit SpA under lawsuits totalling over €1 billion (RM5.1 billion) filed by a Gazprom PJSC venture.</p>


<p>Sarawak is optimistic that its state revenue will continue to grow over the next two to three years, driven by the state's strong economic performance this year, said Premier Tan Sri Abang Johari Tun Openg.</p>


<p>China's agriculture minister is being investigated for suspected violations of law and discipline, the country's anti-graft watchdog said on Saturday.</p>


<p>All the suspects remanded on Saturday following the attack at the Ulu Tiram police station early on Friday morning are local citizens, said Inspector-General of Police Tan Sri Razarudin Husain.</p>


<p>The Communist Party of Vietnam has nominated police minister To Lam to be state president, the government said on Saturday.</p>
