Asia

Malaysia’s Capital A eyes dual listing in Hong Kong to accelerate growth, unlock new capital pools

Malaysia-based Capital A Berhad has on Friday announced that it is actively exploring a potential listing on the Hong Kong Stock Exchange (HKEX), as part of its strategic effort to broaden access to global capital markets and position its ecosystem of digital and aviation services businesses for the next phase of growth.

Financial Inclusion in Asia Projected to Reach 80% by 2030 – analysts

The financial inclusion in Asia is projected to reach 80 percent by 2030, analysts at digital financial solutions provider UnaFinancial said Wednesday.

​​Animoca Brands opens first office in the Middle East, appoints Web3 veteran Omar Elassar as MD

The company has also appointed Omar Elassar as managing director for the Middle East and head of global strategic partnerships.

ESR and STACK break ground on first phase of 72 MW data center campus in Kansai, Japan

ESR Group Limited, the Hong Kong-based new economy real asset owner and manager, and STACK Infrastructure, the Japan-based digital infrastructure firm, have jointly constructed and operated a new data center as part of a multi-phase 72-megawatt[1] (MW) data center campus development in Keihanna, located in Japan’s Kansai region.

US-based Electra bags $186M Series B funding round co-led by Capricorn Investment Group, Temasek

The round is co-led by Capricorn Investment Group and Temasek Holdings, joined by visionary investors including Breakthrough Energy Ventures, Lowercarbon Capital, Builders Vision, Collaborative Fund, S2G Investments, iron ore majors BHP Ventures, Rio Tinto, Roy Hill, top electric arc furnace (EAF) steelmakers Nucor and Yamato Kogyo, and corporations like…

SoftBank, Tether, Bitfinex team up to launch Bitcoin-native venture

SoftBank Group Corp., Tether and Bitfinex have teamed up to launch Twenty One Capital, Inc., a bitcoin-native company, through a business combination with Cantor Equity Partners (CEP).

Zoho forges strategic partnership with Cradle to empower Malaysia’s startup ecosystem

Zoho Corporation, an India-based technology company, has announced a strategic partnership with Cradle Fund Sdn Bhd (Cradle), an early stage start-up influencer, to empower Malaysia’s startup ecosystem.

Bee Alternatives Management acquires JAFCO Asia to strengthen presence in venture capital

Bee Alternatives Management Ltd. (BAM), the equity holding company of Malaysia-based Bee Alternatives Limited (BAL), announced Wednesday that it has entered into a definitive agreement to acquire 100% of the shares in JAFCO Investment (Asia Pacific) Ltd. (JAFCO Asia) from JAFCO Group Co., Ltd. (JAFCO).

Japanese semiconductor firm Ferrotec breaks ground on second high-tech manufacturing facility in Malaysia

Japanese semiconductor firm Ferrotec Holdings Corporation has broken ground on its second high-tech manufacturing facility at Kulim, Kedah of Malaysia, with an investment of MYR 1 billion ($226 million).

Stripe expands global partnership with Tencent to enable Weixin Pay on Stripe Terminal in 20 countries

Stripe, a global financial infrastructure platform for businesses, has announced an expansion of its global partnership with Chinese multinational technology conglomerate Tencent, making Weixin Pay — also known as WeChat Pay — available on Stripe Terminal in 20 countries.