News

Capital A submits regularization plan to exit PN17

Malaysia-based Capital A Berhad has on Monday announced the submission of its proposed regularization plan to Malaysia stock exchange, marking a pivotal step in its journey to exit the Practice Note 17 (PN17) status.

Gentari partners CIMB to drive green mobility and value chain decarbonization across ASEAN

Malaysian clean energy solutions provider Gentari Sdn Bhd has partnered local bank CIMB Group Holdings Berhad to drive green mobility and value chain decarbonization across ASEAN.

Nissan and Honda plan merger to maintain global competitiveness

Japanese multinational automobile manufacturers Nissan Motor and Honda Motor have officially began merger talks to maintain global competitiveness.

PFN, Mitsubishi and IIJ team up for AI cloud computing

Preferred Networks (PFN), Mitsubishi Corporation (MC) and Internet Initiative Japan (IIJ) have on Monday announced that the three companies will establish their joint venture Preferred Computing Infrastructure, Inc. (PFCI) in January 2025.

Malaysia’s VentureTECH drives renewable energy innovation with investment in MTC Orec

VentureTECH Sdn. Bhd., a Malaysia-based impact investment company, has on Monday announced a strategic investment in MTC Orec Sdn. Bhd. (MTC Orec), a bumiputera company in Malaysia specializing in the bioenergy sector.

Malaysia ends 2024 as Southeast Asia’s top data center hub with $23B investments

Malaysia has ended 2024 as Southeast Asia’s top data center hub with $23 billion investments, solidifying its position as Southeast Asia’s leading digital hub, Knight Frank said Monday.

Yondr raises $900M from IFC and global lenders for data center in Malaysia

Global data-center operator Yondr Group has raised over $900 million from International Finance Corporation (IFC) and a consortium of six international financial institutions to finance its hyperscale data-center campus in Malaysia.

XTransfer partners OCBC for global multi-currency accounts

XTransfer, the China-based business to business (B2B) cross-border trade payment platform, and OCBC, the Singapore-based financial services group, have jointly announced the comprehensive partnership for global multi-currency accounts.

Toyoda Gosei acquires stake in EV Motors Japan

Japan-based automotive components manufacturer Toyoda Gosei Co., Ltd. has acquired a stake in EV Motors Japan Co., Ltd. (EVM-J), a startup engaged in the development and sales of commercial electric vehicles such as trucks and buses.

Travel Alliance partners Grab, Trip.com for cross-border telco rewards program

The Travel Alliance, comprising Singtel, AIS, Globe, HKT, Optus, Taiwan Mobile and Telkomsel, has on Friday announced strategic partnerships with ride-hailing, delivery, and travel brands Grab and Trip.com for cross-border telco rewards program.