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RHB Launches TESCO-RHB Cards for the Benefits of All Malaysian Shoppers

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In offering Malaysian consumers the fastest way to get more savings and benefits each time they shop, the RHB Banking Group, one of Malaysia’s leading financial services providers, retail industry player Tesco Stores (Malaysia) Sdn Bhd and the world’s largest retail electronic payments network, Visa have joined forces and launched two co-brand cards: the Tesco-RHB Credit Card and Tesco-RHB Debit Card.

The launch of these cards – at a time of escalating costs and cautious spending – plays an important role in helping customers trim their expenses and manage their spending more effectively.

Designed with the consumer in mind, the Tesco-RHB Credit and Debit Cards are ideal for people from all walks of life. The cards come with benefits that give shoppers more value at Tesco outlets and other establishments.

Speaking at the launch, Mr. Michael Barrett, Group Managing Director of the RHB Banking Group, said, “With the collaborative offering of the Tesco-RHB Credit and Debit Cards, customers will get more value and savings – it is a proposition that helps bring financial relief, particularly during these challenging times. In a nutshell, both Tesco-RHB Credit and Debit Cards are designed to help customers shop smarter”.

According to Mr. David Hobbs, Chief Operating Officer of Tesco Stores (Malaysia) Sdn Bhd, “We are the only hypermarket to run its own loyalty card (Clubcard) and today we are delighted to launch the Tesco-RHB credit and debit cards, giving customers up to 5% cash back plus double Clubcard points at Tesco as well as accumulating Clubcard points on all spending outside of Tesco”. Mr. Hobbs also added, “as of todate Tesco has a total of 2 million Tesco Clubcard holders,  which has given out more than 10 million points. With the anticipation of opening 4 more outlets, Tesco hopes to have a total of 2.5 milion Tesco Clubcard members”.

Meanwhile, Mr. Renzo Viegas of RHB Retail Head said,” This year, RHB Bank Berhad hopes to secure 250,000 new credit card customers by offering  more rewards and benefits to them”. Mr.Renzo also added,” RHB will always try to cater to all segments of the market so that everyone will benefit from the cards introduced by the company”. The launch of RHB-Tesco cards was graced by Dato’ Sharir Abdul Samad, Minister of Domestic Trade & Consumer Affair. Also present at the event were, Dato’ Seri Mohamed Abid, Chairman of Tesco Stores Malaysia, Dato’ Abdullah Mat Noh, Chairman of RHB Investment Bank and Director of RHB Bank Berhad, Mr. Stuart Tomlinson, Country Manager of Visa Malaysia, Mr. Paul Morris, Marketing Director of Tesco Malaysia and Mr. Sonii Hwang of Tesco.

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Customers who apply for the Tesco-RHB Credit Card will get a 2% cash rebate and earn double Clubcard Points every day at all Tesco stores. On the last weekend of each month, they will enjoy a higher cash rebate of 5% as well as earning double Clubcard Points. These Clubcard Points will be converted to Clubcard cash vouchers which customers can use to offset their spending at Tesco. Additionally, with the credit card, customers can accumulate Clubcard Points anywhere and whenever they use it, be it for dining, shopping, travelling or petrol purchases.

The Tesco-RHB Debit Card provides the convenience of cash in a card, making it safer and more convenient for customers to shop. Applying for the debit card is also easy as there is no income requirement.

Every time customers spend with the Tesco-RHB Debit Card, they will collect up to five times as many Clubcard Points at Tesco stores. The debit card works just like the Tesco-RHB Visa Credit Card: customers can use it to earn Clubcard Points anywhere and any time, from restaurants to petrol stations.

Customers who wish to apply for the Tesco-RHB Credit and Debit Cards or get more information can go to any RHB Bank branch or Tesco store nationwide.

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January 8, 2009 Posted by newzmaker | Banking Products/Events | | 4 Comments

Edaran Tan Chong Motor Reveals Impul Tuned Grand Livina

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Since the launch of Grand Livina in December 2007, the 7-seater has undoubtedly capture the hearts of many young and dynamic families who seek the versatility of a modern car. To step up the momentum of  its predecessor’s  successes, Edaran Tan Chong Motor Sendirian Berhad has revealed the debuts of Grand Livina Tuned by Impul- a world renowned Japanese motorsports and specialist Nissan tuning expert,  Impul Motor Racing Development.

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Gracing the new Impul Grand Livina launch which was held at its PJ Showroom, Dato’ Ang Bon Beng, Executive Director of Edaran Tan Chong Motor, said “…Edaran Tan Chong is targeting “the young at heart” consumers and is expecting to sell at least 100 units per month…”. Also present at the launch was, Mr. Kazuyoshi Hoshino, President of  Hoshino Impul Co. Ltd.

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The Impul Grand Livina will cost RM10,500 more than the standard Grand Livina 1.6-litre and 1.8-litre variants. Aside from the Japan-manufactured alloy wheels, all Impul Grand Livina parts are produced locally.

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The Impul Parts that are fitted onto Grand Livina variant are Impul Complete Aerokit, Impul Sports Suspension System, Impul Blast II Exhaust Muffler and 17-inch Impul Aura SX-10 Alloy Wheels with Dunlop Formula D 01 205/45 R17 Tyres.

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For more information, kindly contact Mr. Alan Khoo at 603 4047 8786 or visit www.impul.com.my

January 8, 2009 Posted by newzmaker | Motoring | | 11 Comments