News
Malaysia’s Penjana Kapital, AC Ventures, Indies Capital Partners ink deal for cross-border investments and technology transfer
Malaysia's Penjana Kapital Sdn Bhd (Penjana Kapital), announced Monday it has signed a memorandum of cooperation with Indonesian-focused private investment firms Indies Capital Partners and AC Ventures (ACV), for cross-border investments and technology transfer.
Malaysia’s Citaglobal inks deal with Indonesia’s state-owned firm for battery energy projects
Malaysia-listed Citaglobal Berhad (formerly known as WZ Satu Bhd) has entered into a memorandum of understanding (MOU) with PT Industri Baterai Indonesia or Indonesia Battery Corporation (IBC) for the proposed development of a battery cells manufacturing plant and Battery Energy Storage System (BESS).
Global IPO market went from record-breaking to full-on abating, says EY
After a record-breaking 2021, the global initial public offering (IPO) market took a sharp turn in the opposite direction in 2022, EY said on Monday. With only 1,333 IPOs raising $179.5 billion, IPO activity dipped 45 percent and 61 percent by number of deals and proceeds, respectively, year-over-year (YOY).
Indonesia’s FLIK secures $1.1M pre-seed funding led by East Ventures
FLIK, an Indonesian-based startup that provides a unified checkout solution, announced Monday that it had secured $1.1 million of pre-seed funding led by East Ventures. The round also saw the participation of Init-6, GMO VenturePartners, and Saison Capital.
SCB 10X invests $1.5M in the seed round of Token Unlocks
SCB 10X, the venture investment arm of Thailand's SCBX group, announced Tuesday that it has invested $1.5 million in the seed round of Token Unlocks, a comprehensive token vesting dashboard and tokenomics insights platform. According to the statement, Token Unlocks will use proceeds from this seed funding round to expand its team across the globe to drive…
Malaysia’s Computer Forms partners with Thailand’s Energy Absolute for electric vehicles venture
Malaysia's listed firm Computer Forms (Malaysia) Berhad has partnered Thailand's public listed firm Energy Absolute Public Company Limited (EAPCL) for electric vehicle (EV) joint venture.
Malaysia’s WorqApp raises $1M seed funds to launch super app for effective execution
WorqApp, a Malaysia-based all-in-one platform built for effective enterprise execution, has on Friday announced that it has recently closed a pre seed round of $1 million with Malaysian and foreign investors teaming together.
Singapore’s Creative Technology founder Sim Wong Hoo dies
The company also came into the limelight when Apple Computer and Creative agreed to settle their legal dispute over music player patents for $100 million in 2006.
VinFast partners with Vayyar Imaging to enchance safety and driving experience
Vietnamese car maker VinFast and Israeli semiconductor company Vayyar Imaging have on Thursday announced a partnership to enhance driving experience and safety by integrating in-cabin radar technology to the latest VF 6 and VF 7 models.
