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A signing ceremony for a Licensing Agreement between Universiti Brunei Darussalam (UBD) and Pahaytc Sdn Bhd was held at the Office of Assistant Vice Chancellor (Innovation and Enterprise), Universiti Brunei Darussalam.
The signing marks the second licensing agreement UBD has entered with industries. Signing on behalf of UBD was Pg Dr Emeroylariffion Abas, Director of the Office of Innovation and Enterprise and signing on behalf of Pahaytc Sdn Bhd was Yong Teck Foo, Director of Pahaytc Sdn Bhd.
Present to witness the signing were the Manager of Pahaytc Sdn Bhd, Anny Chieng, and UBD Assistant Vice Chancellor (Innovation and Enterprise), Professor Dr Mohammad Ayub Sadiq, as well as officers from UBD and Pahaytc Sdn Bhd.
The Licensing Agreement is a culmination of years of research and collaboration between Pahaytc Sdn Bhd and researchers from UBD which started in 2018 on the characterisation of the local Aquilaria or 'Agarwood', or commonly referred to as 'Gaharu'. Particularly, the research focuses on the different species of gaharu tea leaves and its benefits.
The signing represents a major milestone as UBD pushes for more industry collaborations. In his opening remarks, Professor Dr Mohammad Ayub Sadiq emphasised that UBD has been working hard, and will continue to work hard, to work together with the public and industry interests. He added that he is confident that with active engagement with industries, government agencies, MSMEs and non-governmental organisations, UBD can fulfill its vision of becoming a university of innovation and enterprise.
The Office of Assistant Vice Chancellor (Innovation and Enterprise) continuously promotes and encourages industry dialogue and tri-helix partnerships in different areas of collaborations including joint research, technology transfer and commercialisation ventures such as licensing of UBD's research effort and technologies. More details can be found at https://innovation.ubd.edu.bn/
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A signing ceremony for a Licensing Agreement between Universiti Brunei Darussalam (UBD) and Pahaytc
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