Malaysia

EY: Asia-Pacific M&A hit highest value on record, fuelled by technological innovation & ESG agendas

M&A targeting technology companies hit a record high in Asia-Pacific with tech, advanced manufacturing and mobility sectors topped regional deal activity.

Carsome

Carsome spots a gap in auto-financing for graduates, aims to introduce similar product in Indonesia, Thailand after Malaysia

Carsome plans to introduce auto-financing for graduates in Indonesia and Thailand, as it targets a loan size of at least MYR 100M ($24.17M) for its auto-financing business in 2022.

Malaysia SPAC AEI CapForce II Investment plans to raise $100M from IPO

At the proposed deal size, AEI CapForce II Investment would command a market value of $129 million.

Unicorns-in-the-making: The underrated, untapped, and unknown of Malaysia’s tech ecosystem

Malaysia’s tech ecosystem is finally coming of age, and this is the moment to unlock Malaysia’s Underrated, Untapped and Unknown Unicorns-in-making. 

Southeast Asia’s top 50 rising women in tech 2021 [Updated]

More and more venture capital (VC) firms and angel investors are wising up to the opportunity in investing in the region’s female founders. Despite the largely virtual deal-making environment over the past year due to COVID, women-led startups have secured multimillion-dollar rounds across a multitude of sectors.

Hong Kong’s Pickupp expands Malaysian footprint with first regional hub in Penang

The announcement follows its parent company, Pickupp Ltd’s recent $15 million Series A and Series A+ financing.

SGX-listed iFAST Corp to continue digital bank ambition in Malaysia [Q&A]

It will target B40 segment while eyeing low-cost deposits globally.

Central banks of Australia, Malaysia, Singapore, South Africa to test central bank digital currencies for international settlements

Led by BIS Innovation Hub’s Singapore Centre, the project, dubbed Project Dunbar, aims to develop prototype shared platforms for cross-border transactions using multiple CBDCs.

Airwallex secures money services business license in Malaysia, now positioned for growth in Southeast Asia

From early next year, businesses in Malaysia can enjoy "fast, transparent and cost-effective" international payments in multiple currencies, empowering them to operate and grow globally.

Eric Cheng, CEO of Carsome Group

Malaysia’s Carsome raises $200M in financing round, valuation hits $1.3B

The Series D2 round saw participation from one of the largest sovereign wealth funds in the region and a pool of new international investors such as Catcha Group and MediaTek as well as strong participation from existing shareholders including Asia Partners, Gobi Partners, 500 Southeast Asia, Ondine Capital, MUFG Innovation Partners, Daiwa PI Partners, and…