Malaysia

Malaysia-based Sime Darby Property Berhad has launched its second real estate development fund with up to MYR 1.25 billion ($310 million) for data centers.

Malaysia-based CIMB Bank Berhad has signed a letter of intent (LOI) with China CITIC Bank Corporation Limited to strengthen financial connectivity between China and ASEAN, particularly in Malaysia and Indonesia, by facilitating bilateral trade, cross-border financing and investment flows across the region.

The Securities Commission Malaysia (SC) and Bursa Malaysia Berhad have on Tuesday launched the MY Value Up Program Guidebook, to help public listed companies (PLCs) create their medium-to long-term value and transform them into globally attractive investment propositions.

Malaysia-based fabless custom chip design company GreatAsic has raised $6.9 million in a Pre-Series A round led by Vertex Ventures Southeast Asia & India, with participation from Ehsan Kapital and Gobi Partners.

MBSB Research said Monday that completely knocked down (CKD) readiness will mitigate recent policy impact across most electric vehicle (EV) marques in Malaysia.

Malaysia-based Zetrix AI Berhad, formerly known as MY E.G. Services Berhad, announced Monday that its joint venture in the Philippines namely MYEG Philippines, Inc. (MYEG PH) has signed several agreements for the provision of digital payment services with multiple government entities.

Malaysia's technology sector is entering an earnings-driven upcycle as improving order books, rising book-to-bill ratios and sustained global spending on artificial intelligence infrastructure support growth prospects, analysts said, although they cautioned that the sector could face increased volatility after a strong rally this year.

Digital Realty, the United States-based cloud and carrier-neutral data center platform, announced Monday the establishment of its Malaysia platform, marking a key milestone in its Asia Pacific expansion.

The Ministry of Entrepreneur Development and Cooperatives (KUSKOP), through SME Corp. Malaysia, has on Thursday launched the PKS@BURSA Program, a strategic initiative aimed at helping small and medium enterprises (SMEs) access the capital market through listing on Bursa Malaysia.

Carsome Group Inc, Southeast Asia’s largest integrated car e-commerce platform, recorded its EBITDA jumping 85 percent year-on-year to MYR29 million ($7.3 million) as Southeast Asia's largest used car e-commerce platform accelerated its push toward sustained profitability.