News
Nissan, Honda, and Mitsubishi Motors explore merger
Japanese automakers Nissan Motor, Honda Motor and Mitsubishi Motors have signed a memorandum of understanding (MOU) to explore the possibility of Mitsubishi Motors’ participation, involvement, and synergy sharing in relation to the business integration through the establishment of a joint holding company outlined in an MOU signed between Nissan and Honda.
TM, Perodua join forces to drive EV development in Malaysia
Malaysian telecommunications firm Telekom Malaysia (TM) has announced a strategic partnership with automaker Perodua to advance electric vehicle (EV) development, digital innovation, and sustainable growth in Malaysia.
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.
