Communication 21 Media Group Signs Tripartite MOUs with Shenzhen OCTF Group and Key Industry Partners
Kuala Lumpur, Malaysia – June 29, 2024: Communication 21 Media Group Sdn. Bhd. (C21MG) is pleased to announce the signing of three significant tripartite Memorandum of Understandings (MOUs) with Shenzhen OCTF Group Co. Ltd. (OCTF) and three key industry partners: Federation of Malaysian Foundry & Engineering Industries Associations (FOMFEIA), MMM Media Sdn. Bhd. (MMMM), and Malaysian Autonomous Intelligence and Robotics Association (MYAIRA). This strategic partnership aims to foster industrial collaboration and promote China's industrial and commercial sectors in the ASEAN region.
The MOU signing ceremony, held on June 28–29, 2024, marks a pivotal moment for C21MG as it expands its operations into China through the ASEAN-Connect Initiative (东盟互联互通倡议) and the China-To-ASEAN Initiative (中国至东盟倡议). These initiatives include digital platforms such as Industry Connect, a Digital Transformation Programme by the ASEAN-Connect Initiative. This venture is designed to enhance visibility and networking opportunities for businesses within the industrial and commercial sectors, facilitating a robust exchange between ASEAN and Chinese industrial players.
Key Highlights of the Collaboration:
🔹 FOMFEIA Partnership: FOMFEIA will facilitate connections between local and Chinese industrial and commercial sector players, enhancing mutual growth and collaboration. This will be supported by the launch of FOMFEIA-Connect, a supplement under Industry Connect: Malaysia.
🔹 MMMM Partnership: MMMM, a media owner, planner, and advertisement provider, will deliver nationwide Out of Home (OOH) media services to promote China’s industrial and commercial sectors.
🔹 MYAIRA Partnership: MYAIRA, as the leading trade association for automation suppliers and end-users of technology, will provide collaboration opportunities with local industrial and commercial sector players.
🔹 OCTF Partnership: OCTF, an international industrial trading service platform, will leverage its extensive network of over 1000 domestic and overseas Chinese organizations to support the collaboration. From 2017 to 2023, five editions of OCTF Intelligent Technology Exhibition were held in Jakarta, Indonesia, Penang, and Malacca, Malaysia. Over 1,000 exhibitors and more than 100,000 local buyers participated in the exhibition. OCTF hosted over 50 conference events during the exhibition period, and the intended transaction amount reached 500 million US dollars.
Dr. (h.c.) Benny Yeo, Founder of Communication 21 Media Group, commented: "This collaboration aligns perfectly with our mission to connect businesses and communities through digital transformation. Through the ASEAN-Connect Initiative and China-To-ASEAN Initiative, and platforms like Industry Connect, we are building a powerful bridge between ASEAN and China’s industrial sectors."
Communication 21 Media Group (C21MG) aims to foster collaborations between industrial and commercial players in the ASEAN region through its flagship ASEAN-Connect Initiative.
By leveraging cutting-edge technology, AI-powered platforms, and strategic partnerships, Industry Connect — a Digital Transformation Programme by ASEAN-Connect Initiative — enhances visibility, facilitates networking, and promotes mutual growth. These efforts will play a crucial role in bringing together businesses from China and ASEAN, creating opportunities for synergy and economic development across the region.
Following this MOU signing, all parties will engage in close collaboration to enhance connectivity between China and ASEAN industrial and commercial players.
Besides that, Communication 21 Media Group also attended the exhibition by OCTF held at PWTC, which attracted a large number of industrial and commercial players, further underscoring the potential for significant collaborative opportunities.
