Month: May 2021

The return of Vinod Sekhar: Vindicated and setting the record straight (Part 1)

Published by Focus Malaysia PROMINENT industrialist and philanthropist Datuk Vinod Sekhar has come forward to state openly that the entire bankruptcy story surrounding him is “nonsense and malicious”. Referring in particular to the bankruptcy issue related to finance company Orix Credit Malaysia Sdn Bhd from 1998 during the Asian Financial Crisis, the 52 year-old chairman […]

Vaccine donation on course following assurance by YB Khairy Jamaluddin

Published by The Vibes THE PETRA Group had a fruitful meeting with the Honourable Science, Technology, and Innovation (Mosti) Minister Yang Berhormat Khairy Jamaluddin today (May 19) on moving forward with our intention to donate 200,000 doses of the Sinovac vaccine. In the meeting conducted virtually, we reiterated our sincerity in making the vaccines available to […]

Why is the govt snubbing an offer of 200,000 free vaccines?

Published by The Vibes KUALA LUMPUR – It is baffling that a government that is admittedly having a stock shortage in its vaccine roll-out has snubbed offers by the private sector to offer vaccines for free. Two months ago, PETRA Group had written to Science, Technology, and Innovation Minister Khairy Jamaluddin, offering 20,000 Sinovac vaccines to be […]

Appealing to our better nature this festive season – Vinod Sekhar

Published by The Vibes AS we have now ended this period of fasting for Muslims, as a non-Muslim, I am deeply humbled by what the holy month of Ramadan represents, and its universal statement of declaring a time to purify the soul, refocus attention on God and practise humility. We know that Ramadan is much more […]

PETRA Group invests RM45 million in furniture arm Mobilia

Published by The Vibes KUALA LUMPUR – PETRA Group has invested RM45 million to set up its furniture arm PETRA Mobilia, which owns brands such as Rize and Sofaitalia, and manufacturing facilities. PETRA Mobilia is also a shareholder of the Sofa Bed Company, registered in Malaysia, that has the agreement to supply sofa beds and recliners […]

Don’t adopt IR 4.0 at the expense of labour: Vinod

Published by The Vibes KUALA LUMPUR – Businesses that embrace the fourth industrial revolution (IR 4.0) must not do so at the expense of jobs, said seasoned entrepreneur Datuk (Dr) Vinod Sekhar. The PETRA Group chairman and chief executive said while it is understandable that companies want to profit by digitising and automating their businesses as […]

As politicians scramble, civil servants rise to the occasion in vaccine drive

Published by The Vibes PETRA Group chairman and chief executive Datuk (Dr) Vinod Sekhar relates his experience of being vaccinated yesterday. With a weak heart that functions at 20%, he is in the high-risk group and appreciates the opportunity to be shielded from the virus. He believes a better planned and more equitable roll-out plan will […]