News
Malaysia’s Khazanah posts $1.15 billion profit from operations in 2024
Malaysia's sovereign wealth fund Khazanah Nasional said Wednesday that it achieved a profit from operations of MYR 5.1 billion ($1.15 billion) in 2024, driven by disciplined monetization strategies, steady dividend income and fair value gains from global public equities.
Endeavor Malaysia appoints Shan Li Tay as new Managing Director
Endeavor Malaysia, a global community for high-impact entrepreneurs, has announced the appointment of Shan Li as its new Managing Director.
Coastal Sustainability Alliance launches Singapore’s largest electric supply boat
The Coastal Sustainability Alliance (CSA), an industry collaborative effort led by Kuok Maritime Group (KMG), has on Wednesday launched its first fully electric supply boat (e-supply boat) from shipyard to water and keel lay of its first fully electric tug at PaxOcean Batam.
Google Cloud and Malaysia’s Ministry of Digital launch AI at Work 2.0
The Ministry of Digital of Malaysia and Google Cloud have on Wednesday announced the launch of “AI at Work 2.0,” a joint initiative to equip public officers with Google Workspace’s latest generative AI (gen AI) capabilities, empowering them to transform public service delivery.
CVC Funds agree sale of OANDA to FTMO
CVC Asia Fund IV, via its holding limited partnership, has entered into an agreement for the sale of OANDA Global Corporation (OANDA) to FTMO group (FTMO).
Clime Capital invests in smart energy management solution provider Ampotech
Clime Capital, the Singapore-based fund manager focused on accelerating the low carbon transition, has on Tuesday announced an investment in Ampotech, a Singapore-based energy management solution provider with operations in Vietnam.
Singapore’s CapitaLand invests $700M to develop its first date center in Japan
CapitaLand Investment Limited (CLI), a Singapore-based global real asset manager, has acquired a freehold land parcel in Osaka to develop its first data center in Japan which will entail a total investment of more than $700 million.
Sika acquires Singapore’s green roof provider Elmich
Swiss specialty chemicals company Sika has acquired Elmich Pte Ltd, a leading supplier of urban greening systems headquartered in Singapore.
Temasek, CenterSquare set up commercial real estate debt co-investment vehicle
Temasek, a global investment company headquartered in Singapore, and CenterSquare Investment Management, a real estate investment managed based in the United States, has on Monday announced the creation of a commercial real estate debt co-investment vehicle.
SEEDS Capital appoints 20 new partners to catalyze at least $220M of investments into Singapore-based deep tech startups
SEEDS Capital (SEEDS), the investment arm of Enterprise Singapore (EnterpriseSG), has appointed 20 new local and global partners to co-invest in innovative Singapore-based deep tech startups.
