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SCIB and Bintai Kinden in Strategic Alliance

KUALA LUMPUR, Feb 7, 2023 - (ACN Newswire via SEAPRWire.com) - Civil engineering specialist Sarawak Consolidated Industries Berhad (SCIB) today announced that the Company had on 6 February 2023 signed a Memorandum of Understanding (MoU) with Bintai Kinden Corporation Berhad to establish a strategic alliance for exploring of business opportunities, securing of new projects and sharing of profits.Group Managing Director of SCIB, Encik Rosland bin OthmanExecutive Director of SCIB, Mr. Ku Chong HongExecutive Director of Bintai Kinden, En. Azri AzeraiThe MoU is a preliminary step the parties are taking as they explore a working relationship and cooperation to combine skills, expertise, capabilities, experience and collectively bid for projects in Malaysia and to set out the principal terms of the arrangement between the parties.The JV vehicle to be used is SCIB's wholly-owned subsidiary, SCIB Infraworks Sdn. Bhd in which SCIB will retain a 51% stake in the JV while Bintai Kinden will subscribe to the remaining 49%. Bintai Kinden is a mechanical and electrical ("M&E") engineering services specialist listed on the Main Market of Bursa Malaysia, with unique combination of extensive reg...

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Bintai Kinden Redesignates Ku Chong Hong as Group Managing Director

PETALING JAYA, Malaysia, Jan 20, 2023 - (ACN Newswire via SEAPRWire.com) - Bintai Kinden Corporation Berhad (Bursa: BINTAI, 6998), a mechanical and electrical (M&E) engineering services specialist, is redesignating Mr. Ku Chong Hong to Group Managing Director from Executive Director effective 18 January 2023.Executive Director of Bintai Kinden, En. Azri AzeraiGroup Managing Director of Bintai Kinden, Mr. Ku Chong HongMr. Ku was appointed to the Board of Directors as an Executive Director on 24 February 2022. He joined Bintai Kinden as Group Accountant in June 2019 and was subsequently redesignated Head of Finance and Accounts on 17 September 2019 and then Chief Financial Officer on 12 October 2020. He is a member of the Executive Management Committee of the Company. Besides Bintai Kinden, he is also an Executive Director at Sarawak Consolidated Industries Berhad and an Independent Non-Executive Director of Malaysian Genomics Resources Berhad.Mr. Ku worked for several audit firms before joining Grant Thornton Malaysia as an audit senior manager in 2017. He has over eight years as an auditor with exposure to audit and assurance as well as business advisory in a broad spectrum of ...

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Minetech Awarded RM36.71 Million Mini-Hydro Project

KUALA LUMPUR, Jan 11, 2023 - (ACN Newswire via SEAPRWire.com) - Minetech Resources Berhad, a civil engineering specialist and bituminous products manufacturer today announced that the Company's wholly-owned subsidiary, Techmile Resources Sdn Bhd (TRSB), has accepted a letter of award (LOA) from Tesdec Hydropower Sdn Bhd for the engineering, procurement, construction and commissioning (EPCC) of a 3MW mini-hydro power plant at Sungai Pelagat, Besut, Terengganu valued at RM36.71 million.The project, which is expected to commence in January 2023, followed by construction in 2025, is expected to be completed by May 2027, comes under the Sustainable Energy Development Authority's (SEDA) feed-in-tariff (FiT) programme in which businesses or individuals that hold SEDA's feed-in approval certificate can sell RE at the FiT rate to distribution licensees such as Tenaga Nasional Berhad.TRSB provides EPCC as well as maintenance, repair and overhaul (MRO) services for the energy industry. Tesdec Hydropower is a sub-subsidiary of Tesdec Berhad through its subsidiary, Tesdec Services Sdn Bhd. Tesdec is wholly-owned by the Terengganu government while Tesdec Hydropower is principally involved in ren...

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Avendus appoints Sumit Dayal as Independent Non-Executive Director in Singapore

SINGAPORE, Jan 10, 2023 - (ACN Newswire via SEAPRWire.com) - Avendus, one of India's leading institutional financial services companies, announced the appointment of Sumit Dayal as Independent Non-Executive Director in Singapore today. He will provide guidance and corporate governance oversight as a Board member to Avendus Capital Pte. Limited (Singapore).Sumit DayalA seasoned banker with over 30 years of corporate and investment banking experience, spent 16 years as Managing Director and headed various business units of Standard Chartered Bank in Singapore and Hong Kong. He also spent over 13 years in multiple roles in Bank of America across client risk and client coverage based in India, Singapore, and Hong Kong in the past.Commenting on the appointment, Gaurav Deepak, Co-founder and CEO, Avendus Capital said, "We are delighted that Sumit has decided to join Avendus Singapore. We're confident that his exceptional experience and advisory will be of immense value to the franchise as we focus on making Singapore a strong base to grow our institutional franchise in Investment Banking, Institutional Equities and Wealth Management."Sumit Dayal, Independent Non-Executive Director, Avend...

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Bintai Kinden Expands Further into O&G

PETALING JAYA, Malaysia, Jan 3, 2023 - (ACN Newswire via SEAPRWire.com) - Bintai Kinden Corporation Berhad (Bursa: BINTAI, 6998), a mechanical and electrical (M&E) engineering services specialist, is pleased to announce that the Company's 51%-owned sub-subsidiary, Bintai Energy Sdn Bhd ("BESB"), has been awarded a series of subcontracts by Petro Flanges & Fittings Sdn Bhd (PFF) and various customers recommended by PFF, involving the supply of high-grade carbon steel/stainless steel piping, valves and piping accessories to various oil and gas (O&G) businesses valued at RM4.0 million.Executive Director of Bintai Kinden, En. Azri AzeraiThe value of accumulated subcontracts secured through PFF in which BESB is the identified special purpose vehicle for the supply of materials to the O&G industry is now RM12.9 million. PFF is a supplier of pipes, flanges, fittings, valves and other O&G-related equipment.In a separate announcement, the Company is also pleased to note that BESB has received approved licenses as dealers of instrumentation cables and general cables in relation to power and control from Petronas. The licenses are effective from 11 August 2022 to 10 August...

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Shares of Major Global Medical Device Manufacturer OrbusNeich Medical Group Commence Trading on the Main Board of The Stock Exchange of Hong Kong

HONG KONG, Dec 23, 2022 - (ACN Newswire via SEAPRWire.com) - Shares of OrbusNeich Medical Group Holdings Limited ("OrbusNeich" or the "Group"), a major global medical device manufacturer specialized in interventional instruments for percutaneous coronary intervention (PCI) and percutaneous transluminal angioplasty (PTA) procedures, today commenced trading on the Main Board of The Stock Exchange of Hong Kong Limited ("HKEX"), under the stock code 6929. Mr. Teddy Chien, Chairman Emeritus and Founder (right) and Mr. David Chien, Chairman, Executive Director, Chief Executive Officer (left), together strike the ceremonial gong, marking the Group's listing on the Main Board of HKEXMr. David Chien, Chairman, Executive Director, Chief Executive Officer (right) presents a souvenir to HKEXOrbusNeich makes a generous donation of HK$3,000,000 to HKEX Foundation to secure the auspicious stock code number "6929". Mr. David Chien, Chairman, Executive Director, Chief Executive Officer (right) presents the cheque to HKEX(From left to right): John Chow,Executive Director and Head of Business Development; Jason Chen, Executive Director, Chief Financial Officer and Company Secretary; Gloria Tam, Indep...

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CleverTap Appoints Samer Saad as Regional Sales Director for META Region

Mountain View, Calif., Dubai, UAE and Mumbai, India, Dec 13, 2022 - (ACN Newswire via SEAPRWire.com) - CleverTap, the World's #1 Retention Cloud today announced the appointment of Samer Saad as the Regional Sales Director for its META Region and will be based out of Dubai.Samer has over a decade of experience in building and scaling sales teams across the MEA region. He joins from Appsflyer, where he was the Regional Manager for the MEA region and has led partnership sales and agency roles across Criteo and Yahoo!. As CleverTap increases its focus into META Region, it has ensured the local presence of all sub functions that are needed locally to scale the business, and Samer will lead the mandate to scale the growth charter."We are all excited to have Samer onboard! With 120+ existing customers in the region, we have a robust foundation to further scale in the region. I am confident that Samer will help us embark on the next phase of our growth journey in the META region," said Vikrant Chowdhary, Chief Growth Officer, CleverTap."I am thrilled to join CleverTap as it has emerged as the global leader in the retention cloud category. The SaaS industry is one of the most promising acro...

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Samaiden Shareholders Pass All Resolutions at AGM

PETALING JAYA, Malaysia, Dec 9, 2022 - (ACN Newswire via SEAPRWire.com) - Samaiden Group Berhad, a renewable energy (RE) specialist principally involved in engineering, procurement, construction, and commissioning (EPCC) of solar photovoltaic (PV) systems and power plants, reported that shareholders have passed all resolutions at the 3rd AGM held today.Group Managing Director of Samaiden, Ir. Chow Pui HeeAmong the resolutions passed were the re-election of Lim Poh Seong and Fong Yeng Foon as directors pursuant to the Constitution of the Company as well as the re-appointment of TGS TW PLT as auditors of the Company. Shareholders also passed the resolution empowering the board of directors to issue and allot up to 10% of the total number of issued shares of the Company for the time being pursuant to Sections 75 and 76 of the Companies Act 2016.Group Managing Director of Samaiden, Ir. Chow Pui Hee said, "This is the first ever AGM we are holding physically ever since Samaiden was listed in October 2020 on the ACE Market. We are glad to meet our shareholders and would like to thank them for their trust and confidence in us as we endeavoured to steer the business safely through the COVI...

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Bintai Kinden Awarded RM39 Million Project from TNB

PETALING JAYA, Malaysia, Nov 25, 2022 - (ACN Newswire via SEAPRWire.com) - Bintai Kinden Corporation Berhad (Bursa: BINTAI, 6998), a mechanical and electrical (M&E) engineering services specialist, is pleased to announce that the Company's wholly-owned subsidiary, Kejuruteraan Bintai Kindenko Sdn Bhd (KBK), has been awarded a project worth RM39.0 million for the installation of a 132kV underground cable double circuit from Tenaga Nasional Berhad (TNB).En. Azri Azerai, Executive Director of Bintai KindenThe project's scope of work involves installing a new 132kV XLPE cable system from the PMU Financial Centre to the GDS Data Centre Substation located in Nusajaya, Johor. The new XLPE cable comprises two circuits, and three phases, with one cable of 1600mm2 copper per phase.KBK, a specialist in M&E engineering services, has 319 days from commencement to complete the project.En. Azri Azerai, Executive Director of Bintai Kinden said, "The Company continues to make progress in seeking more projects leveraging on its expertise and experience in M&E engineering services including design, installation and commissioning. This latest project award from TNB reflects the opportuniti...

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Bintai Kinden Ventures into Telco through Agreement with MN Permai Netcom

PETALING JAYA, Malaysia, Nov 10, 2022 - (ACN Newswire via SEAPRWire.com) - Bintai Kinden Corporation Berhad (Bursa: BINTAI, 6998), a mechanical and electrical (M&E) engineering services specialist, today announced that the Company's wholly-owned sub-subsidiary, Johnson Medical International Sdn. Bhd. (JMI), has formalised a strategic venture with MN Permai Netcom Sdn. Bhd. (MNP) for the sales, marketing and installation of telecommunication services to healthcare centres and other medical sites governed by the Ministry of Health of Malaysia (MOH) under JMI's portfolio.Azri Azerai, Executive Director of Bintai KindenJMI is specialised in healthcare solutions and medical support systems while MNP is an end-to-end telecommunications solutions provider covering smart fiber-to-the-home, smart cloud solutions, broadband, 3G as well as 4G/5G offload, smart poles and business cloud solutions, among others.Under the agreement, JMI will market telecommunication services to the MOH or any private hospital provided by MNP, which will be involved in sales as well as the installation of the services.Services provided by MNP include managing the backhaul network; supplying and installing acce...

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Southern Score Builders Berhad Completes Regularisation Plan

KUALA LUMPUR, Nov 9, 2022 - (ACN Newswire via SEAPRWire.com) - Southern Score Builders Berhad (Bursa: SSB8, 0045), a former Guidance Note 3 (GN3) company, has completed its regularisation plan which involves, amongst others, the acquisition of Southern Score Sdn Bhd (SSSB), a G7 contractor. Following the acquisition, Southern Score Builders will be involved the provision of construction management services mainly for high-rise residential buildings. Shares of the Company also resumed trading after being suspended since December 2020.Gan Yee Hin, ED and CEO of Southern Score BuildersLed by an experienced and technically strong management team, SSSB adopts construction practices that support the efficiency optimisation of its construction projects. It adopts industrialised building system (IBS) in most of its development and construction projects which is aimed at increasing productivity and improving quality of its projects. Besides that, by leveraging on its asset-light and flexible delivery model, SSSB is able to offer a standardised and cost-efficient building process which enables scalability and flexibility with lower exposure to cyclicality and house prices.SSSB recorded net p...

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Solar Energy Future MALAYSIA 2022 is on Fire

KUALA LUMPUR, Sep 27, 2022 - (ACN Newswire via SEAPRWire.com) - Malaysia's 2025 target to have 31% of total power capacity from renewable energy sources is expected to be supported by the strong solar sector growth. Based on SEDA Malaysia, the total potential of solar PV in Malaysia reaches 269GW, deriving from 210GW for ground-mounted, 42GW for rooftop, and 17GW for FPV. How exactly should the quota availability be matched?Energy Box is organizing a face-to-face real event Solar Energy Future MALAYSIA 2022 on November 8th in Kuala Lumpur, striving to be the equivalent of a hub for efficient exploration of the renewable energy market.The event aims to help the attendees seize upon a deep and comprehensive understanding of Malaysia's renewable energy market and dedicates themselves to improving business cooperation between Malaysia's local companies with international companies.Event details:Place: Kuala Lumpur, MalaysiaEvent Website: /www.energy-box.com/malaysia-1Event Agenda:Honored Speakers (confirmed/inviting)1. Ir. Ts. Dr. Wan Syakirah Dato' Wan Abdullah, Head Business Assessment and Engineering, TNB Renewables Sdn. Bhd.2. Sustainable Energy Development Authority (SEDA)3. Dr. W...

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Accounting & Finance in Business Leaders to Gather in Singapore Later this Month

Singapore, Sep 8, 2022 - (ACN Newswire via SEAPRWire.com) - The Accounting & Finance Show Singapore finally returns to Singapore in person this 20-21 September 2022. This is the first in-person edition of the event since 2019, following multiple virtual editions during the pandemic and marks the first time this community has been able to gather at scale in the region.Over 2,000 SME & enterprise finance leaders, accountants in practice, accountants in business and bookkeepers will be in attendance at Singapore's Suntec Convention & Exhibition Centre to reconnect, discover the latest innovations in finance for business and learn how to run their companies better or more effectively advise their clients."After two virtual editions in 2020 and 2021, it's fantastic to finally be able to bring this community back together under one roof," says Laura Binns, General Manager at Terrapinn. "During the last two years, there has been an unbelievable amount of progress as more companies than ever before were forced to accelerate their digitization. Now is the time to cement those innovations and explore what more we can do to prepare our businesses for the future."Over 80 sponsors, ...

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Apeiron Bioenergy closes equity investment from Mitsui Chemicals, poised to capture exponential growth in bioenergy market with Pan-Asian presence

SINGAPORE, Aug 31, 2022 - (ACN Newswire via SEAPRWire.com) - Apeiron Bioenergy has successfully closed an equity financing round from Mitsui Chemicals. The funds will support Apeiron to increase its collection capacity for waste-based feedstocks across Asian markets and position the company for exponential growth amidst growing demand for renewable feedstock for advanced biofuels such as sustainable aviation fuel (SAF). From left: Chris Chen, Managing Director, Apeiron Bioenergy; Tadashi Yoshino, Representative Director, Mitsui ChemicalsAccording to the International Energy Agency , global demand for renewable diesel is set to more than double, or by 11 billion litres, over the next five years. The demand mainly stems from government regulations in the US and the EU as established in the decarbonisation targets by COP26. However, the planned capacity is set to outpace domestic feedstock supply significantly, and production must keep up with the climate emergency - where will the additional feedstock come from?A leading integrated player and solutions provider in the bioenergy space, Apeiron Bioenergy, collects and processes a range of renewable feedstocks including used cooking oil...

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Thousands of educators, policymakers & technology leaders assemble to discuss the future of education in Thailand

BANGKOK, Aug 25, 2022 - (ACN Newswire via SEAPRWire.com) - On 14-15 September 2022, EDUtech Thailand (www.terrapinn.com/virtual/edutech-thailand/index.stm) will once again bring together the entire education ecosystem in Thailand to discuss new strategies, pedagogies, and innovations to bring inspiration in education to all. Over the two days, over 100 expert speakers (www.terrapinn.com/virtual/edutech-thailand/speakers.stm) from K-12 Schools and higher education institutions across Thailand will be addressing key themes such as Digital Leadership, Hybrid Learning, and Next-Gen Tools and Pedagogy in both English and Thai. Headlining the festival agenda is Chayaporn Wattanasiri, President of Mae Fah Lung University. She'll be sharing higher education's move into the digital age, especially in the area of assessments. Additional featured speakers at EDUtech Thailand include: - Prof Banchong Mahaisavariya, President, Mahidol University - Assoc. Prof Jirapon Sunkpho, Vice President of Information Technology, Graduate Program in IT Policy and Management, Thammasat University - Dr. Vinutthaput Phophet, Principal, Pakkred Secondary School - Asst. Prof. Anucha Somabut, Acting Director, Lea...

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Singapore embraces untapped potential of AI at Trescon’s 36th global edition of World AI Show

The 36th global edition of World AI Show was hosted at Marina Bay Sands on 3 – 4 August 2022, as a part of the world tour conceptualized and managed by global business events and consulting firm, Trescon. These events have successfully completed several editions across the world including Dubai, Amsterdam, Mumbai, Moscow, Nairobi, Frankfurt, Mauritius, Kuala Lumpur, Qatar, Thailand, Jakarta, Malaysia, Manila, Riyadh, Australia, to name a few.Singapore, Aug 16, 2022 - (ACN Newswire via SEAPRWire.com) - The 36th edition of World AI Show wrapped with a two-day power-packed conference that acted as a vital driver for Singapore's bold vision of using innovation and technology; to broaden its goals by bringing together government leaders and an inspirational line-up of AI experts and solution providers. Over 50 speakers from all over the world, including important stakeholders in Singapore's digital revolution spoke at the event.The conference was based on assisting major organisations and enterprises from both the public and private sector in developing and delivering best practices to drive AI innovation and adoption in Singapore. It presented varied insights and points of view from a ...

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Bintai Kinden JV Wins Contracts to Supply O&G-Related Equipment

PETALING JAYA, Malaysia, Jul 28, 2022 - (ACN Newswire via SEAPRWire.com) - Bintai Kinden Corporation Berhad (Bursa: BINTAI, 6998), a mechanical and electrical (M&E) engineering services specialist, is pleased to announce that Bintai Energy Sdn Bhd (Bintai Energy) has been awarded a series of additional sub-contracts by Petro Flanges & Fittings Sdn Bhd (PFF) to supply high-grade carbon steel/stainless steel piping, valves and piping accessories with a value of approximately RM4.43 million to companies in the oil and gas (O&G) industry.Azri Azerai, Executive Director of Bintai KindenBintai Kinden, through wholly-owned subsidiary Kejuruteraan Bintai Kindenko Sdn Bhd (KBK), has a 51% interest in Bintai Energy, with the other 49% interest held by PFF. KBK is a M&E engineering services specialist while PFF is a supplier of pipes, flanges, fittings, valves and other O&G-related equipment.En. Azri Azerai, Executive Director of Bintai Kinden said, "These sub-contracts are a welcome addition to the stable of sub-contracts under KBK and we believe that the partnership we have with PFF through Bintai Energy is an effective platform from which both sides can leverage and ben...

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Seng Fong Holdings Berhad Debuts on Main Market of Bursa Malaysia

KUALA LUMPUR, Jul 7, 2022 - (ACN Newswire via SEAPRWire.com) - Seng Fong Holdings Berhad, a rubber processor producing and trading Standard Malaysia Rubber and premium grade block rubber, made a successful debut on the Main Market of Bursa Securities Malaysia Berhad, opening at RM0.75 per share with an opening volume of 10.8 million shares, which is the same as the initial public offering (IPO) price of RM0.75 sen per share.Seng Fong's market capitalisation at listing is RM389.22 million, and the Company was listed under the stock name, SENFONG and stock code, 5308.The Chairman of Seng Fong, Mr. Ng Ah Bah @ Kok Yee, thanked the Securities Commission Malaysia, Bursa Securities, Hong Leong Investment Bank Berhad (HLIB) and other professionals involved in the IPO, and highlighted that the listing provides the Company the opportunity to realise its immediate objectives as well as investing in environmental, social, and governance (ESG) initiatives."Going forward, we will be well-positioned to capture opportunities arising from the increasing demand from our existing customers as well as from new customers as we ramp up production through the hiring of more people for a second shift and...

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Sony and Honda Sign Joint Venture Agreement to Establish New Company, “Sony Honda Mobility Inc.”, to Engage in Mobility Business

TOKYO, Jun 16, 2022 - (JCN Newswire via SEAPRWire.com) - Sony Group Corporation ("Sony") and Honda Motor Co., Ltd. ("Honda") announced today that they have signed a joint venture agreement to establish a new company to engage in the sale of high-value-added electric vehicles (EVs) and provide services for mobility. Today's announcement is the furtherance and result of discussion of a strategic alliance in the mobility field between the parties as announced in the joint press release entitled "Sony and Honda Sign Memorandum of Understanding for Strategic Alliance in Mobility Field" on March 4, 2022.The new company will aim to bring together Honda's cutting-edge environmental and safety technologies, mobility development capabilities, vehicle body manufacturing technology and after-sales service management experience, with Sony's expertise in the development and application of imaging, sensing, telecommunication, network and entertainment technologies, to realize a new generation of mobility and services for mobility that are closely aligned with users and the environment, and continue to evolve going forward.Sony and Honda plan to establish the new company within 2022 and to begin t...

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Captivating Notions on Jakarta’s Thriving AI Technology Vision and its Embedding Journey to Boost its AI Capabilities

JAKARTA, Jun 14, 2022 - (ACN Newswire via SEAPRWire.com) - The 34th global edition of World AI & RPA Show supported by KORIKA and IAIS concluded with 2 days of the power-packed conference that served as a key catalyst for Jakarta's bold vision of leveraging innovation and technology to diversify its goals by bringing together government officials & inspirational line-up of Artificial Intelligence experts & solution providers on the 8th & 9th of June. The show brought together over 450+ delegates & 45+ exception tech leaders as speakers from across the globe including major stakeholders of Jakarta's digital ecosystem.The theme for the conference was premised on helping key government entities and private enterprises that develop a comprehensive Artificial Intelligence roadmap by assessing sectors of critical infrastructure emerging technologies can be a strategic enabler to boost the nation's economic competitiveness.Prof. Dr. Hammam Riza, Principal Expert, National Research and Innovation Agency (BRIN) President of KORIKA, Indonesia, spoke at length on the topic, "Leveraging Digital Transformation through Indonesia's AI National Strategy", and made strong points...