KUALA LUMPUR, Oct 30 (Bernama) -- Singapore-headquartered marine fuel solutions provider, Uni-Fuels Holdings Limited (Uni-Fuels) will consolidate its shares at a ratio of one-for-10, effective Nov 3, 2026.
The Nasdaq-listed company’s Class A ordinary shares are expected to begin trading on a post-consolidation basis when the market opens on Nov 3. They will continue to trade under the symbol “UFG”, with a new CUSIP number, G92Y4F134.
In a statement, Uni-Fuels said the consolidation will reduce the company’s issued Class A shares from 9,815,000 to about 981,500 and its Class B shares from 22,650,000 to about 2,265,000.
Every 10 shares, or part thereof, will be combined into one share, with fractional shares rounded up to the next whole share. All outstanding stock options, warrants and other rights to buy Class A shares will be adjusted proportionately.
The company is authorised to issue 500 million shares, comprising 450 million Class A and 50 million Class B ordinary shares.
Shareholders holding shares through a bank, broker or other nominee will have their holdings adjusted automatically to reflect the consolidation.
-- BERNAMA
Friday, October 30, 2026
SOUTH KOREA’S KB INSURANCE RATINGS AFFIRMED EXCELLENT - AM BEST
KUALA LUMPUR, Oct 30 (Bernama) -- Global credit rating agency, AM Best has affirmed South Korea’s KB Insurance Co Ltd (KBI) financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent), with a stable outlook.
These credit ratings (ratings) reflect KBI’s strong balance sheet, adequate operating performance, neutral business profile and appropriate enterprise risk management, as well as support from its parent, KB Financial Group Inc (KB Group), AM Best said in a statement.
KBI’s risk-adjusted capitalisation is assessed at the strongest level, as measured by Best’s Capital Adequacy Ratio, while its local solvency ratio is largely in line with the industry average and demonstrates an adequate buffer above the minimum regulatory requirements.
AM Best calculated KBI’s adjusted financial leverage at 8.2 per cent as of June 2026 and said the company has good access to capital markets and a conservative investment strategy.
KBI’s return on equity and combined ratios are broadly in line with domestic peers, but profitability in its main long-term insurance business remains under pressure from rising medical claims and competition. Its auto insurance business recorded underwriting losses in 2025 because of base rate cuts and stronger competition.
KBI is South Korea’s fourth-largest non-life insurer, with a stable market share of approximately 13 per cent, while its overseas operations remain modest, and it plans to explore further international opportunities with a measured approach to diversify earnings and sustain long-term growth.
As a wholly owned subsidiary and the only non-life insurer in KB Group, one of South Korea’s largest financial holding companies, KBI is strategically important to its parent and has received explicit capital support since joining the group in 2015.
AM Best said the ratings could be lowered if KBI’s balance sheet weakens significantly or if support from KB Group is reduced and could be raised if its operating performance consistently outperforms industry peers.
-- BERNAMA
These credit ratings (ratings) reflect KBI’s strong balance sheet, adequate operating performance, neutral business profile and appropriate enterprise risk management, as well as support from its parent, KB Financial Group Inc (KB Group), AM Best said in a statement.
KBI’s risk-adjusted capitalisation is assessed at the strongest level, as measured by Best’s Capital Adequacy Ratio, while its local solvency ratio is largely in line with the industry average and demonstrates an adequate buffer above the minimum regulatory requirements.
AM Best calculated KBI’s adjusted financial leverage at 8.2 per cent as of June 2026 and said the company has good access to capital markets and a conservative investment strategy.
KBI’s return on equity and combined ratios are broadly in line with domestic peers, but profitability in its main long-term insurance business remains under pressure from rising medical claims and competition. Its auto insurance business recorded underwriting losses in 2025 because of base rate cuts and stronger competition.
KBI is South Korea’s fourth-largest non-life insurer, with a stable market share of approximately 13 per cent, while its overseas operations remain modest, and it plans to explore further international opportunities with a measured approach to diversify earnings and sustain long-term growth.
As a wholly owned subsidiary and the only non-life insurer in KB Group, one of South Korea’s largest financial holding companies, KBI is strategically important to its parent and has received explicit capital support since joining the group in 2015.
AM Best said the ratings could be lowered if KBI’s balance sheet weakens significantly or if support from KB Group is reduced and could be raised if its operating performance consistently outperforms industry peers.
-- BERNAMA
Wednesday, October 28, 2026
EZVIZ SHOWCASES SMART LOCKS, CAMERAS AT MALAYSIA’S HOMEDEC 2026
KUALA LUMPUR, Oct 29 (Bernama) -- Smart home brand EZVIZ is showcasing its latest smart locks and security cameras at HOMEDEC 2026, the home design, decoration and renovation exhibition, from Oct 29 to Nov 1.
The company is exhibiting at Hall 8, booths 8P148 and 8D028, where selected models are offered at exhibition discounts from RM69.
EZVIZ Marketing Manager for Malaysia, Yvonne Foo said the company wanted to change the perception that home technology only solves problems, such as keeping owners informed while they are away, rather than also enhancing their enjoyment of life.
She said EZVIZ aims to blend smart entry systems and cameras into homes as a natural extension of their owners’ lifestyles, much like interior design and furnishings.
“We feel both the responsibility and the capability to drive this conversation, as we have echoed Malaysian daily life for over a decade,” said Foo in a statement.
The company’s high-end DL50FVX and DL50FVS Plus smart locks feature facial and palm vein recognition for unlocking, a built-in screen, dual cameras and remote access management. Its range also includes handle-type locks such as the DL05 and DL06 Pro, along with smart video doorbells and video door phones for different types of entrances.
EZVIZ is also displaying smart cameras, including the CB8 Lite 4G with mobile connectivity and the dual-lens C90 Dual and HB90 Dual models.
-- BERNAMA
HACK THE BOX CYBER TRAINING YIELDS 330 PCT ROI - STUDY
KUALA LUMPUR, Oct 28 (Bernama) -- A study commissioned by cybersecurity training platform Hack The Box (HTB) and conducted by Forrester Consulting has found that a modelled organisation using the platform achieved a 330 per cent return on investment over three years, recouping its costs in less than six months.
The study, Total Economic Impact, is based on interviews with seven decision-makers at HTB customers in the financial services, government, technology and professional services sectors. Their experiences were combined into a single composite organisation with a cybersecurity workforce of over 300 people, and the financial figures are risk-adjusted present values.
“The question we hear most often is how many cybersecurity jobs AI will replace. The more important question is whether teams are prepared to use AI effectively,” said HTB chief executive officer and founder, Haris Pylarinos.
In a statement, he said artificial intelligence (AI) amplifies the capabilities of the people using it, which is why workforce readiness matters.
Over three years, the composite organisation realised US$1.2 million in benefits against US$285,000 in costs, giving a net present value of US$939,000. (US$1 = RM4.08)
The study found a 50 per cent reduction in the probability of security incidents escalating, linked to earlier threat detection and attackers spending less time inside systems undetected. Incident response teams cut the time taken to acknowledge incidents by 50 per cent and the time to resolve them by 30 per cent.
Onboarding efficiency improved by 35 per cent and penetration testing efficiency by 50 per cent. Workforce attrition fell by four per cent, while annual cybersecurity certifications rose by 20 per cent.
Forrester Research separately named HTB a Leader in its Forrester Wave report on cybersecurity skills and training platforms for the first quarter of 2026, giving it the highest possible scores in 13 criteria, including readiness for agentic AI.
-- BERNAMA
The study, Total Economic Impact, is based on interviews with seven decision-makers at HTB customers in the financial services, government, technology and professional services sectors. Their experiences were combined into a single composite organisation with a cybersecurity workforce of over 300 people, and the financial figures are risk-adjusted present values.
“The question we hear most often is how many cybersecurity jobs AI will replace. The more important question is whether teams are prepared to use AI effectively,” said HTB chief executive officer and founder, Haris Pylarinos.
In a statement, he said artificial intelligence (AI) amplifies the capabilities of the people using it, which is why workforce readiness matters.
Over three years, the composite organisation realised US$1.2 million in benefits against US$285,000 in costs, giving a net present value of US$939,000. (US$1 = RM4.08)
The study found a 50 per cent reduction in the probability of security incidents escalating, linked to earlier threat detection and attackers spending less time inside systems undetected. Incident response teams cut the time taken to acknowledge incidents by 50 per cent and the time to resolve them by 30 per cent.
Onboarding efficiency improved by 35 per cent and penetration testing efficiency by 50 per cent. Workforce attrition fell by four per cent, while annual cybersecurity certifications rose by 20 per cent.
Forrester Research separately named HTB a Leader in its Forrester Wave report on cybersecurity skills and training platforms for the first quarter of 2026, giving it the highest possible scores in 13 criteria, including readiness for agentic AI.
-- BERNAMA
Monday, October 26, 2026
FOREIGN DIPLOMATS TOUR HANGZHOU’S ANCIENT RUINS, TECH HUBS AND UNIVERSITY
KUALA LUMPUR, Oct 27 (Bernama) -- Diplomats from Chile, Colombia, Ethiopia, Kazakhstan and Iraq toured Hangzhou in east China from Oct 17 to 19, visiting an ancient archaeological site, technology exhibitions and a university.
According to a statement, the delegation was invited by Haiwainet, part of People’s Daily, as part of the Zhejiang Tour for diplomatic envoys.
Chile’s Ambassador to China, Alfonso Silva said he was impressed by the Liangzhu civilisation and described the site as “a great heritage of which the Chinese people must be proud”.
The visit began on Oct 17 at the Archaeological Ruins of Liangzhu City, which marks the 90th anniversary of its discovery this year. At the Liangzhu Museum and the Liangzhu Archaeological Site Park, the diplomats viewed jade cong, stone yue axes, earthen embankments and rice fields from the 5,000-year-old civilisation.
On Oct 18, the delegation visited exhibitions in Hangzhou’s new urban centre featuring local technology companies, including those known as the “Six Little Dragons” and the “New Eight Steeds”. The diplomats tried augmented reality glasses and played Gomoku, a traditional five-in-a-row board game, against artificial intelligence.
On Oct 19, at Zhejiang International Studies University, the diplomats viewed folk-art exhibits, tried Chinese calligraphy and made Chongyang cakes, a traditional snack for the Double Ninth Festival. They also met students to exchange views on cultural understanding.
The tour was guided by the Information Office of the Zhejiang Provincial People’s Government and the Zhejiang Provincial Department of Culture, Radio, Television and Tourism.
It was organised by the Zhejiang International Communication Center, with support from People’s Daily Haiwainet, the Hangzhou bureau of Zhejiang Daily Press Group and the university.
-- BERNAMA
According to a statement, the delegation was invited by Haiwainet, part of People’s Daily, as part of the Zhejiang Tour for diplomatic envoys.
Chile’s Ambassador to China, Alfonso Silva said he was impressed by the Liangzhu civilisation and described the site as “a great heritage of which the Chinese people must be proud”.
The visit began on Oct 17 at the Archaeological Ruins of Liangzhu City, which marks the 90th anniversary of its discovery this year. At the Liangzhu Museum and the Liangzhu Archaeological Site Park, the diplomats viewed jade cong, stone yue axes, earthen embankments and rice fields from the 5,000-year-old civilisation.
On Oct 18, the delegation visited exhibitions in Hangzhou’s new urban centre featuring local technology companies, including those known as the “Six Little Dragons” and the “New Eight Steeds”. The diplomats tried augmented reality glasses and played Gomoku, a traditional five-in-a-row board game, against artificial intelligence.
On Oct 19, at Zhejiang International Studies University, the diplomats viewed folk-art exhibits, tried Chinese calligraphy and made Chongyang cakes, a traditional snack for the Double Ninth Festival. They also met students to exchange views on cultural understanding.
The tour was guided by the Information Office of the Zhejiang Provincial People’s Government and the Zhejiang Provincial Department of Culture, Radio, Television and Tourism.
It was organised by the Zhejiang International Communication Center, with support from People’s Daily Haiwainet, the Hangzhou bureau of Zhejiang Daily Press Group and the university.
-- BERNAMA
KFSH EARNS TOP DIGITAL, AI HONOURS IN NEWSWEEK SMART HOSPITALS RANKING
KUALA LUMPUR, Oct 27 (Bernama) -- Saudi Arabia’s King Faisal Specialist Hospital & Research Centre (KFSH) has received the maximum five-ribbon digital maturity rating and the new Leader in AI Innovation distinction in Newsweek’s World’s Best Smart Hospitals 2027 ranking.
KFSH is one of only 15 hospitals worldwide to receive both recognitions, placing it among fewer than four per cent of the 410 leading hospitals ranked across 33 countries.
The five-ribbon rating represents the highest tier of the ranking’s revised digital maturity scale. The Leader in AI Innovation distinction, introduced for the first time this year, recognises hospitals for their achievements in artificial intelligence (AI).
Developed by Newsweek and Statista, the ranking combines international peer recommendations with the Statista Smart Hospitals Digital Maturity Survey, which requires supporting evidence and validation by senior management.
To qualify for the AI distinction, hospitals had to score at or above the 70th percentile in both AI peer recognition and AI maturity.
In a statement, KFSH said its performance reflected an integrated approach combining clinical excellence, pioneering research and advanced digital capabilities.
The hospital applies AI, predictive analytics and intelligent patient-flow management to support clinical decision-making, improve operational efficiency and enhance the patient experience.
KFSH was also ranked first in the Middle East and Africa and 12th globally among the world’s top 250 academic medical centres for 2026. According to Brand Finance, it was also recognised as the most valuable healthcare brand in Saudi Arabia and the Middle East for 2026.
-- BERNAMA
KFSH is one of only 15 hospitals worldwide to receive both recognitions, placing it among fewer than four per cent of the 410 leading hospitals ranked across 33 countries.
The five-ribbon rating represents the highest tier of the ranking’s revised digital maturity scale. The Leader in AI Innovation distinction, introduced for the first time this year, recognises hospitals for their achievements in artificial intelligence (AI).
Developed by Newsweek and Statista, the ranking combines international peer recommendations with the Statista Smart Hospitals Digital Maturity Survey, which requires supporting evidence and validation by senior management.
To qualify for the AI distinction, hospitals had to score at or above the 70th percentile in both AI peer recognition and AI maturity.
In a statement, KFSH said its performance reflected an integrated approach combining clinical excellence, pioneering research and advanced digital capabilities.
The hospital applies AI, predictive analytics and intelligent patient-flow management to support clinical decision-making, improve operational efficiency and enhance the patient experience.
KFSH was also ranked first in the Middle East and Africa and 12th globally among the world’s top 250 academic medical centres for 2026. According to Brand Finance, it was also recognised as the most valuable healthcare brand in Saudi Arabia and the Middle East for 2026.
-- BERNAMA
HUAYAN ROBOTICS TO SHOWCASE HUMANOID ROBOTIC ARM AT ROBOTWORLD 2026
KUALA LUMPUR, Oct 27 (Bernama) -- Huayan Robotics will showcase a seven-axis humanoid robotic arm alongside automation solutions for welding, palletising and machine tending at Robotworld 2026, to be held in Goyang, South Korea, from Nov 4 to 7.
The company will exhibit at the KINTEX exhibition centre and will also display core motion components for embodied artificial intelligence (AI), the technology that allows robots to sense and act in the physical world.
The robotic arm is designed for integration into humanoid and other embodied robotic platforms, combining force control in every joint with internal cable routing and native support for the Robot Operating System 2 (ROS 2). Its open development interfaces allow developers to connect it with other hardware and software systems.
According to the company in a statement, the components on show include humanoid joint modules, frameless motors and high-precision XYZ motion stages.
The welding system is built around the company’s E12-Pro collaborative robot, which has a 1.8-metre reach, and includes a dual-axis positioner to improve access to large and complex workpieces. Laser seam tracking and automatic path correction help produce consistent welds along complex seams while reducing manual adjustments.
For palletising, the company’s S Series robots can handle payloads of up to 60-kilogramme. They feature vision-assisted positioning and configurable pallet patterns, and are aimed at consumer goods manufacturing, food processing and warehouse logistics.
Huayan’s Elfin and Elfin-Pro collaborative robots automate the loading and unloading of computer numerical control (CNC) machines, with a maximum reach of 1.8 metres and protection ratings of up to IP66. The company said they can improve cycle times by up to 50 per cent.
Huayan Robotics develops collaborative robots, motion components and embodied AI systems, serving customers in more than 50 countries and regions.
-- BERNAMA
The company will exhibit at the KINTEX exhibition centre and will also display core motion components for embodied artificial intelligence (AI), the technology that allows robots to sense and act in the physical world.
The robotic arm is designed for integration into humanoid and other embodied robotic platforms, combining force control in every joint with internal cable routing and native support for the Robot Operating System 2 (ROS 2). Its open development interfaces allow developers to connect it with other hardware and software systems.
According to the company in a statement, the components on show include humanoid joint modules, frameless motors and high-precision XYZ motion stages.
The welding system is built around the company’s E12-Pro collaborative robot, which has a 1.8-metre reach, and includes a dual-axis positioner to improve access to large and complex workpieces. Laser seam tracking and automatic path correction help produce consistent welds along complex seams while reducing manual adjustments.
For palletising, the company’s S Series robots can handle payloads of up to 60-kilogramme. They feature vision-assisted positioning and configurable pallet patterns, and are aimed at consumer goods manufacturing, food processing and warehouse logistics.
Huayan’s Elfin and Elfin-Pro collaborative robots automate the loading and unloading of computer numerical control (CNC) machines, with a maximum reach of 1.8 metres and protection ratings of up to IP66. The company said they can improve cycle times by up to 50 per cent.
Huayan Robotics develops collaborative robots, motion components and embodied AI systems, serving customers in more than 50 countries and regions.
-- BERNAMA
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