• About
  • Advertise
  • Privacy & Policy
  • Contact
HK Businesswire
  • Home
  • News
    • All
    • Business
    • Politics
    • PR Newswire
    • Science
    • World

    Mainland, HK shares open higher

    Everyday Driving Should Lead SUV Tyre Choice, Goodyear Says

    Everyday Driving Should Lead SUV Tyre Choice, Goodyear Says

    SMARTIES Philippines 2026 Finalists Revealed: Celebrating Hyper-Local Innovation and Business Impact

    SMARTIES Philippines 2026 Finalists Revealed: Celebrating Hyper-Local Innovation and Business Impact

    Amorepacific Museum of Art Presents Sol LeWitt: Open Structure

    Amorepacific Museum of Art Presents Sol LeWitt: Open Structure

    Webull Enters Next Phase of Growth in Thailand Following Pi Securities Acquisition, Targets THB 200 Billion in AUM

    Webull Enters Next Phase of Growth in Thailand Following Pi Securities Acquisition, Targets THB 200 Billion in AUM

    Tehran targets Jordan after US hits Iranian tankers

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • PR Newswire
  • Business
  • World
  • Entertainment
  • Sports
  • Tech
    • All
    • Apps
    • Gadget
    • Mobile
    • Startup

    Alipay Launches Domestic Full-Stack Intelligent Agent Platform in Hangzhou

    HKT Posts 4% Profit Rise Amid Steady Local Recovery and AI-Driven Demand

    Alipay Launches AI-Powered Version ‘Abao’ to Streamline Services

    Xiaohongshu Prepares Confidential Hong Kong IPO Filing

    SpaceX Raises $75 Billion in Historic IPO Amid $350 Billion Investor Demand

    Chinese firms double down on tech: Xiaomi, Haier

    Xiaomi Launches MiMo Code AI Programming Assistant to Enter Coding Agent Market

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
  • Feature
No Result
View All Result
  • Home
  • News
    • All
    • Business
    • Politics
    • PR Newswire
    • Science
    • World

    Mainland, HK shares open higher

    Everyday Driving Should Lead SUV Tyre Choice, Goodyear Says

    Everyday Driving Should Lead SUV Tyre Choice, Goodyear Says

    SMARTIES Philippines 2026 Finalists Revealed: Celebrating Hyper-Local Innovation and Business Impact

    SMARTIES Philippines 2026 Finalists Revealed: Celebrating Hyper-Local Innovation and Business Impact

    Amorepacific Museum of Art Presents Sol LeWitt: Open Structure

    Amorepacific Museum of Art Presents Sol LeWitt: Open Structure

    Webull Enters Next Phase of Growth in Thailand Following Pi Securities Acquisition, Targets THB 200 Billion in AUM

    Webull Enters Next Phase of Growth in Thailand Following Pi Securities Acquisition, Targets THB 200 Billion in AUM

    Tehran targets Jordan after US hits Iranian tankers

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • PR Newswire
  • Business
  • World
  • Entertainment
  • Sports
  • Tech
    • All
    • Apps
    • Gadget
    • Mobile
    • Startup

    Alipay Launches Domestic Full-Stack Intelligent Agent Platform in Hangzhou

    HKT Posts 4% Profit Rise Amid Steady Local Recovery and AI-Driven Demand

    Alipay Launches AI-Powered Version ‘Abao’ to Streamline Services

    Xiaohongshu Prepares Confidential Hong Kong IPO Filing

    SpaceX Raises $75 Billion in Historic IPO Amid $350 Billion Investor Demand

    Chinese firms double down on tech: Xiaomi, Haier

    Xiaomi Launches MiMo Code AI Programming Assistant to Enter Coding Agent Market

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
  • Feature
No Result
View All Result
HK Businesswire
No Result
View All Result
Home News PR Newswire

Otis to Power Mobility in The Westin Residences, Tallest Residential Tower in Penang, Malaysia

PR Newswire by PR Newswire
16 June 2025
in PR Newswire
0
Otis to Power Mobility in The Westin Residences, Tallest Residential Tower in Penang, Malaysia
0
SHARES
8
VIEWS
Share on FacebookShare on Twitter

KUALA LUMPUR, Malaysia, June 16, 2025 /PRNewswire/ — Otis (NYSE: OTIS), the world’s leading elevator and escalator manufacturing, installation and service company, will install cutting edge technologies and smart, connected solutions that power vertical mobility for the Westin Residence and Hotel by Macrovest Sdn. Bhd. (VST Group), a leading developer in Malaysia.  

Image: Macrovest Sdn. Bhd. (VST Group)
Image: Macrovest Sdn. Bhd. (VST Group)

Otis will provide 19 high speed SkyRise® (travelling at up to 6 meters per second), four Gen3™ and ten Otis Arise™ elevator systems, as well as a car elevator.

“With Malaysia experiencing significant urbanization and related infrastructure development, the demand for efficient and reliable vertical transportation solutions is on the rise,” said Pradeep Nair, Managing Director, Otis Malaysia.

“We are honored to collaborate with our long-term customer Macrovest Sdn. Bhd to provide safe, comfortable, and fast elevator systems that will enhance the passenger experience for all future visitors.”

Image: Macrovest Sdn. Bhd. (VST Group)
Image: Macrovest Sdn. Bhd. (VST Group)

Soaring 69 stories above Penang’s vibrant cityscape and the sea-facing promenade of Gurney Drive, the Westin Residences will house 498 units and will become the tallest landmark in the city. Accompanying it, a 28-story hotel with specialty restaurants will offer visitors an exceptional standard of style and quality.

About Otis

Otis gives people freedom to connect and thrive in a taller, faster, smarter world. The global leader in the manufacture, installation and servicing of elevators and escalators, we move 2.4 billion people a day and maintain approximately 2.4 million customer units worldwide – the industry’s largest Service portfolio. You’ll find us in the world’s most iconic structures, as well as residential and commercial buildings, transportation hubs and everywhere people are on the move. Headquartered in Connecticut, USA, Otis is 72,000 people strong, including 44,000 field professionals, all committed to manufacturing, installing and maintaining products to meet the diverse needs of our customers and passengers in more than 200 countries and territories. To learn more, visit www.otis.com and follow us on LinkedIn, Instagram and Facebook @OtisElevatorCo.

Tags: prnewswire
PR Newswire

PR Newswire

PR Newswire is the industry’s leading press release distribution partner with an unparalleled global reach of more than 440,000 newsrooms, websites, direct feeds, journalists and influencers and is available in more than 170 countries and 40 languages. From our award-winning Content Services offerings, integrated media newsroom and microsite products, Investor Relations suite of services, paid placement and social sharing tools, PR Newswire has a comprehensive catalog of solutions to solve the modern-day challenges PR and communications teams face. For 70 years, PR Newswire has been the preferred destination for brands to share their most important news stories across the world.

Read More

Thermo King Expands All-Electric EV Series to Advance Urban Cold Chain Transport Across Asia Pacific Region

Thermo King Expands All-Electric EV Series to Advance Urban Cold Chain Transport Across Asia Pacific Region

9 September 2026
Latest Dell Technologies Research Reveals that AI Ambition Outpaces Readiness Across Singapore

Latest Dell Technologies Research Reveals that AI Ambition Outpaces Readiness Across Singapore

9 September 2026
  • Trending
  • Comments
  • Latest

Fosun International: ClubMed Lifestyle Group Submits Listing Application to the Hong Kong Stock Exchange

28 August 2026

Fosun International: ClubMed Lifestyle Group Proposes Hong Kong Listing, Targeting 85 Resorts Globally by 2030

28 August 2026

H World Group Reports Strong Second-Quarter 2026 Performance and Announces New Shareholder Return Plan

17 August 2026

Tencent Cloud’s “AI CAN DO IT” Hackathon Hong Kong and Macau Demo Day Concludes Successfully

19 August 2026

Mainland, HK shares open higher

9 September 2026
Everyday Driving Should Lead SUV Tyre Choice, Goodyear Says

Everyday Driving Should Lead SUV Tyre Choice, Goodyear Says

9 September 2026
SMARTIES Philippines 2026 Finalists Revealed: Celebrating Hyper-Local Innovation and Business Impact

SMARTIES Philippines 2026 Finalists Revealed: Celebrating Hyper-Local Innovation and Business Impact

9 September 2026
Amorepacific Museum of Art Presents Sol LeWitt: Open Structure

Amorepacific Museum of Art Presents Sol LeWitt: Open Structure

9 September 2026

Recent News

Mainland, HK shares open higher

9 September 2026
Everyday Driving Should Lead SUV Tyre Choice, Goodyear Says

Everyday Driving Should Lead SUV Tyre Choice, Goodyear Says

9 September 2026
SMARTIES Philippines 2026 Finalists Revealed: Celebrating Hyper-Local Innovation and Business Impact

SMARTIES Philippines 2026 Finalists Revealed: Celebrating Hyper-Local Innovation and Business Impact

9 September 2026
Amorepacific Museum of Art Presents Sol LeWitt: Open Structure

Amorepacific Museum of Art Presents Sol LeWitt: Open Structure

9 September 2026
HK Businesswire

Stay ahead with the latest insights on Hong Kong’s economy, finance, and investments. From market trends to policy updates, we bring you in-depth analysis and expert opinions.

📩 Subscribe to our newsletter for exclusive updates.
📍 Follow us on social media for real-time news.
📧 Contact us: info@hongkong-invest.com

Follow Us

  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2025 by HKBusinesswire.com

No Result
View All Result

© 2025 by HKBusinesswire.com