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Maybank grants US$150m green loan to Austria's AT&S
Maybank grants US$150m green loan to Austria's AT&S

The Sun

time2 days ago

  • Business
  • The Sun

Maybank grants US$150m green loan to Austria's AT&S

KUALA LUMPUR: Malayan Banking Bhd (Maybank) is granting a sustainability-linked loan (SLL) amounting to US$150 million (RM638 million) to Austria Technologie & Systemtechnik Malaysia Sdn Bhd (AT&S). In a statement yesterday, the bank said the landmark transaction marks the first SLL issued by a Malaysian and Southeast Asian commercial bank to AT&S, and the first such facility by a local lender to a multinational company in Malaysia's semiconductor sector. Maybank said the financing would support the development of AT&S's first high-end integrated circuit (IC) substrate plant at Kedah's Kulim Hi-Tech Park that will include state-of-the-art equipment and closed-loop recycling systems, adhering to AT&S's comprehensive sustainable energy framework. The facility will produce advanced IC substrates, essential components to meet surging demand for high-performance data processors, data centres, and artificial intelligence (AI) infrastructure. The targets attached to the SLL include reducing annual greenhouse gas emissions by 31% by March 31, 2028, using fiscal year 2022 as the baseline. Maybank Global Banking Group CEO Datuk John Chong said from 2021 to the end of the first quarter of 2025, Maybank mobilised RM125.46 billion in sustainable finance across Asean, surpassing its RM80 billion target by 2025. 'We are pleased to support AT&S in developing its first IC substrate facility in Kulim, a project that not only marks a significant milestone for the company but also further reinforces Malaysia's position in the global semiconductor value chain. 'The financing aligns with our strategic focus on the semiconductor ecosystem in Southeast Asia, where we have identified financing opportunities,' he said. AT&S president/CEO Michael Mertin said the company's sizable investment of over US$1 billion in Malaysia follows the demand from its global clients, and reflects its confidence in Malaysia's semiconductor ecosystem and its growth trajectory. 'It also aligns with the ambitions of Malaysia's National Semiconductor Strategy and the New Industrial Master Plan 2030 to position the country as a leading hub for advanced manufacturing,' he said. – Bernama

Disco fever set to take over KL with two nights of Bee Gees magic
Disco fever set to take over KL with two nights of Bee Gees magic

Sinar Daily

time21-06-2025

  • Entertainment
  • Sinar Daily

Disco fever set to take over KL with two nights of Bee Gees magic

Get ready to boogie down memory lane and groove to the iconic hits of the legendary Bee Gees. Bringing that iconic Bee Gees sound to life is the talented Saturday Night Bee Gees from the UK. - Photo by Milestone Production's management ARE you ready to relive the golden age of disco under the glittering lights of a spinning disco ball? Kuala Lumpur is about to turn up the groove as Saturday Night - Celebrating Bee Gees takes over Zepp Kuala Lumpur for two electrifying nights on July 31 and Aug 1, 2025. This high-energy tribute concert will transport audiences back to the era of bell-bottoms, big hair, and falsetto harmonies, celebrating the music of the five-time Grammy Award-winning Bee Gees. This upcoming concert dives headfirst into the Bee Gees' monumental discography spanning four decades. - Photo by Milestone Production's management Presented by Milestone Production, the concert promises a dazzling journey through the Bee Gees' iconic four-decade discography. From soulful early hits like Massachusetts and To Love Somebody to the pulsating energy of Jive Talkin, Stayin' Alive, and Night Fever, this show captures the very heartbeat of the disco era. The UK-based tribute band will bring the brothers' timeless sound to life with a six-piece ensemble renowned for their pitch-perfect harmonies and electric stage presence. Audiences can expect a night of nostalgia, complete with beloved hits such as How Deep Is Your Love, Tragedy, and You Win Again. It's more than a concert, it's an immersive experience filled with falsetto, funk, and feel-good vibes that will have you dancing from start to finish. Tickets for Saturday Night, Celebrating Bee Gees are on sale, priced range from RM198 (CAT C) to RM638 (Premium). - Photo by Milestone Production's management Tickets are now on sale, priced from RM198 (CAT C) to RM638 (Premium), with exclusive discounts of up to 25 per cent available for Maybank Cardmembers (terms and conditions apply). For a premium experience, Platinum Boxes for six guests are available at RM4,800. All ticket purchases are subject to a RM4 ticketing fee and RM10 transaction fee. Whether you're a lifelong fan or simply in the mood for a night of sparkling retro fun, this is one disco party you won't want to miss. More Like This

Melania Trump uses AI vocal replica to narrate audiobook
Melania Trump uses AI vocal replica to narrate audiobook

The Star

time23-05-2025

  • Entertainment
  • The Star

Melania Trump uses AI vocal replica to narrate audiobook

The release of her AI-narrated audiobook comes just days after Melania joined her husband Trump to sign a bill making it a federal crime to post 'revenge porn' – whether real or generated using AI. — AP WASHINGTON: US First Lady Melania Trump warned recently of the danger of AI deepfakes. Now she is releasing an audiobook narrated by an artificial intelligence-generated version of her own voice. The 55-year-old wife of President Donald Trump announced the release of the seven-hour recording – which retails for US$25 (RM106) – in a social media post on May 22. "My story, my perspective, the truth," narrates a voice in the Slovenian-born former model's distinctive accent, over a short black and white video featuring computer-generated graphics of her face. Whether it's Melania herself who is speaking in the video, or her AI doppelganger, is not made clear. She then writes in the same post: "I am honored to bring you Melania – The AI Audiobook – narrated entirely using artificial intelligence in my own voice. "Let the future of publishing begin." The website for the audiobook says the "AI-generated replica" of Melania Trump's voice was "created under Mrs. Trump's direction and supervision." "Multiple" foreign language versions would be available later this year, it added. Melania Trump released the physical edition of her memoir to great fanfare in October – with a signed collector's edition printed on "premium art paper" priced at US$150 (RM638). The release of the AI-narrated audiobook comes just days after she joined President Trump to sign a bill making it a federal crime to post "revenge porn" – whether real or generated using AI. Melania Trump had campaigned for the "Take It Down Act" in March in her first solo event since her husband returned to power, speaking out against "malicious online content, like deepfakes." The First Lady has largely been an elusive figure at the White House since her husband took the oath of office on January 20, spending only limited time in Washington alongside her billionaire husband. But it has not stopped her from taking on a handful of projects that carefully control her image – and make money too. As well as the AI audiobook, Melania is filming a documentary series with Amazon, under a contract reportedly worth tens of millions of dollars. – AFP

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