On January 20, 2025, Permodalan Kedah Berhad (PKB) formalized a strategic alliance by entering into a Memorandum of Understanding (MoU) with Tetuan Akmal Shamsul Kahar & Co. (ASKCO), Corporate Mind Group, and Jakarta Business School (JBS).
This collaboration aims to empower local entrepreneurs, fortify the legal framework, and propel innovation and economic transformation across the nation. ASKCO, an esteemed law firm with a global network, is set to deliver innovative legal solutions. Operating under the aegis of ASKCO, Corporate Mind Group plays a pivotal role in offering strategic guidance to Small and Medium Enterprises (SMEs) and larger corporations. The organization is distinguished for its expertise in mergers and acquisitions (M&A), equity structuring, Environmental, Social, and Governance (ESG) frameworks, joint ventures (JV), Initial Public Offerings (IPO), and strategies involving venture capital (VC) and private equity (PE).
Under the leadership of CEO Tuan Mohd Azad Jasmi, PKB is poised to drive foreign direct investment (FDI), provide expert advice on land and property matters, and unlock opportunities for local businesses to extend their reach into international markets. Prof. Tan Sri Dr. Nordin Kardi of JBS will offer invaluable support to entrepreneurs seeking to expand their enterprises into Indonesia, while also providing avenues for skill enhancement through academic programs at JBS.
This partnership transcends economic development, emphasizing innovation, sustainability, and societal well-being. The synergy between ASKCO, Corporate Mind Group, PKB, and Jakarta Business School underscores the profound impact that strategic collaborations can yield for the nation. This alliance epitomizes a commitment to crafting a dynamic, inclusive, and globally competitive Malaysia. Through a holistic approach, this collaboration not only fuels economic growth but also fortifies the local business community, empowering them to navigate global challenges with greater confidence.