MalaysianUpdates

Tag: #TRXKualaLumpur

  • MM2H One-Stop Centre Debuts at The Exchange 106, TRX, via STF Revenue

    MM2H One-Stop Centre Debuts at The Exchange 106, TRX, via STF Revenue

    Malaysia’s reputation as an attractive destination for retirees, investors, and international professionals continues to strengthen, and STF Revenue (MM2H) Sdn Bhd is taking a leading role in this growth. The company has officially launched its new office at The Exchange 106, Tun Razak Exchange (TRX), which will serve as the first privately operated Malaysia My Second Home (MM2H) one-stop centre in the country. This milestone marks STF Revenue’s expansion into Kuala Lumpur’s financial district and reflects long-term confidence in Malaysia’s economic potential and appeal as a global hub for expatriates.

    The grand opening ceremony was officiated by Dato’ Shaharuddin Abu Sohot, Secretary General of the Ministry of Tourism, Arts and Culture (MOTAC). In his address, he highlighted the MM2H programme’s important contribution to the nation’s economy. “Under MOTAC, MM2H continues to play a vital role in attracting quality long-term residents and foreign investment that strengthen our economy,” said Dato’ Shaharuddin.

    He further explained that the new tiered MM2H framework—comprising SEZ, Silver, Gold, and Platinum categories—offers greater flexibility and clarity for applicants. “It is designed to welcome those who wish not only to live here but to grow and invest in Malaysia—in property, education, healthcare, and beyond,” he added. As of July 2025, MOTAC has recorded over 3,300 MM2H applications, reflecting strong international confidence in Malaysia as a preferred destination. These applications are projected to generate more than RM300 million in foreign funds and over RM430 million in property investments, underscoring the programme’s significant contribution to the national economy.

    Founded in 2016, STF Group has evolved into a diversified conglomerate offering manpower solutions, worker legalisation (pemutihan), foreign worker management, dormitory operations, cleaning services, and technology-driven management systems. Over the years, it has expanded into related fields, including licensed agencies for the Malaysia My Second Home (MM2H) and Premium Visa Programme (PVIP), as well as domestic maid services.

    “Opening our TRX retail office is more than just a physical move—it reflects our confidence in Malaysia as a lifestyle and investment destination,” said Jonathan Low Choon Wai, Director of International Operations at STF Revenue (MM2H) Sdn Bhd. “Our goal is to make Malaysia accessible, welcoming, and fully connected for those who want to live, invest, and build a life here.”

    STF Group’s success is built upon a network of strategic partnerships across various industries, including real estate, hospitality, banking, and travel. These collaborations ensure a seamless experience for clients—from visa processing and property purchases to integration into the Malaysian lifestyle.

    During the launch, a strategic partnership agreement was also signed between STF Revenue (MM2H) Sdn Bhd and Rivertree Group. The partnership unites two visionary leaders in their respective fields—Dato’ Simon David Leong, Group Managing Director of Rivertree Group, and Datuk Wira Joey Yan, Group Managing Director of STF Group. Rivertree Group, known for its sustainable and community-focused property developments, complements STF’s expertise in facilitating long-term residency programmes for global citizens.

    Through this collaboration, both companies aim to create more pathways for individuals and families worldwide to live, invest, and thrive in Malaysia, further establishing the nation as a destination for meaningful living and economic opportunity. Rivertree Group will enhance the property dimension of this ecosystem by offering attractive packages to international buyers, while STF Revenue (MM2H) Sdn Bhd will provide complete visa support and guidance throughout the application process. “Our goal is simple: when an MM2H or PVIP resident chooses Malaysia, they don’t just receive a visa—they gain a lifestyle, a community, and a place called home,” said Leong.

    The ecosystem is further strengthened through collaborations with partners such as Batik Air, which offers travel incentives including complimentary round-trip tickets valued up to RM5,000 for eligible MM2H applicants through the Batik x STF programme. Additionally, STF collaborates with local banks to simplify financial processes by assisting clients in opening fixed deposit accounts, securing dedicated banking support, and fulfilling MM2H financial requirements.

    As a one-stop MM2H partner, STF Revenue (MM2H) Sdn Bhd delivers a complete end-to-end service experience, reinforcing Malaysia’s position as a premier destination for travel, investment, and retirement. The opening of this TRX office comes at an opportune time as Malaysia prepares to welcome a new wave of international visitors and residents ahead of Visit Malaysia Year 2026 (VM2026).

  • Bin Zayed International Group Expands into Southeast Asia with New Office in Malaysia

    Bin Zayed International Group Expands into Southeast Asia with New Office in Malaysia

    Bin Zayed International Group of Companies (BZI), a global investment leader, has officially opened its latest office in Kuala Lumpur at the Tun Razak Exchange (TRX). The launch of Bin Zayed International (M) Bhd marks the company’s expansion into Southeast Asia, underscoring its commitment to fueling economic growth and capitalizing on the dynamic business opportunities in the region.

    Southeast Asia is poised for significant growth, with projections indicating that the region will remain one of the fastest-growing economic areas globally. In 2023, the Association of Southeast Asian Nations (ASEAN) economy became the world’s fifth-largest, boasting a nominal GDP of USD 3.8 trillion. By 2030, ASEAN is expected to rank as the fourth-largest economy globally, making it an attractive destination for international investors. BZI’s entry into Malaysia strategically positions the company to tap into this growth, utilizing the country’s infrastructure, skilled workforce, and its central location within ASEAN. Malaysia’s advanced digital connectivity and strong regulatory framework, particularly in Islamic finance, offer significant opportunities for investment.

    As part of its expansion strategy, BZI has committed to investing USD 2 billion in Malaysia over the next five years. This investment aims to support the country’s economic ambitions and create a lasting impact on the local economy.

    “We are dedicated to becoming stakeholders in this region by contributing to its growth and fostering widespread prosperity,” said Sheikh Khalifa Khaled Zayed Saquer Zayed Al Nahyan, Chairman of BZI. “As Southeast Asia stands poised to become an economic powerhouse, this expansion marks another step forward in our journey from local roots in the United Arab Emirates to global expansion.”

    BZI’s entry into Malaysia has been met with support from the Malaysian government. Speaking on behalf of Prime Minister Dato’ Seri Anwar bin Ibrahim, YB Tan Sri Dato’ Dr. Johari Bin Abdul, Speaker of the House of Representatives, emphasized Malaysia’s growing appeal to international investors. During the grand opening ceremony, he highlighted the alignment between BZI’s forward-thinking approach and Malaysia’s vision for sustainable and inclusive development under the Madani Economy Framework.

    He stated, “The presence of BZI here is not just a testament to Malaysia’s growing relevance on the global stage, but also a catalyst for shared economic prosperity. The government is actively fostering partnerships that will benefit not just the economy, but the lives of the Malaysian people.”

    Malaysia’s commitment to fostering long-term growth and sustainability is also reflected in upcoming initiatives, such as the New Incentive Framework for 2025. The framework will include a RM 1 billion investment fund to support high-value industries and the development of local talent, positioning Malaysia as a competitive hub for investment.

    The official opening of Bin Zayed International (M) Bhd was celebrated with a two-part event. The day began with a ribbon-cutting ceremony officiated by Sheikh Khalifa Khaled Zayed Saquer Zayed Al Nahyan, accompanied by his son, Sheikh Khalifa Bin Zayed Al Nahyan, and senior BZI executives. This was followed by a grand gala in the evening, which brought together governmental officials, business leaders, and international dignitaries, including His Highness Prince Abdul Hakeem Ibni Jefri Bolkiah of Brunei and Her Excellency Betty Oyella Bigombe, High Commissioner of the Republic of Uganda and Her Excellency Lada Phumas, Ambassador of Thailand.

    Renowned film icon Datuk Shah Rukh Khan congratulates BZI on its expansion, praising their commitment to global economic growth and a brighter future

    Adding star power to the occasion, renowned film icon Datuk Shah Rukh Khan joined the festivities and congratulated BZI on its expansion into Southeast Asia. He remarked, “Their commitment to fostering economic growth around the world and building a brighter future is truly inspiring. I wish them nothing but success as they continue to make a meaningful impact.”

    Dato’ Sri Dr. Shamir Kumar Nandy, Managing Director of Bin Zayed International (M) Bhd, shared his vision for the company’s future in Malaysia and Southeast Asia. “We want to build a future we all want,” he said. “We do this by passionately owning the vision, and relentlessly pursuing it. In a rapidly changing world, we must always be able to predict what’s next and have the flexibility to evolve in a responsive and relevant way.”

    In a heartfelt speech on behalf of Malaysia’s Prime Minister, YB Tan Sri Dato’ Dr. Johari Bin Abdul reflected on the significance of the BZI expansion. He noted that the Malaysian government’s support for BZI’s operations in Malaysia aligns with the broader goals of economic inclusivity and sustainability.

    “It is my privilege to deliver this address on behalf of the Prime Minister,” he said. “This evening marks the official launch of Bin Zayed International (M) Berhad, a truly remarkable moment for Malaysia. I would like to extend my warmest congratulations to Sheikh Khaled Zayed Saquer Zayed Al Nahyan and his team for their commitment to Malaysia and their belief in our nation’s potential as a strategic partner in Southeast Asia.”

    He further stated that the presence of BZI reinforces Malaysia’s position as a dynamic center for investment and innovation, and that this collaboration would help Malaysia stay competitive in the global economy. “Malaysia has long benefited from political stability, economic growth, and a rich cultural heritage, which have positioned the country as an attractive destination for international investment,” he added.

    He concluded by reaffirming Malaysia’s commitment to working with the private sector and fostering partnerships that would drive inclusive, equitable, and sustainable economic growth.

    As BZI continues to expand its global footprint, the company’s operations in Southeast Asia are set to play a significant role in driving economic progress and innovation in the region. With a commitment to sustainable development and long-term growth, BZI’s presence in Malaysia is expected to bring significant benefits to the local economy, paving the way for a prosperous future for all Malaysians.