Malaysia

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.

Hong Leong foresees energy transition to gain pace in Malaysia amidst data center boom

Hong Leong Investment Bank Research has foreseen energy transition to gain pace in Malaysia next year amidst a data center boom.

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.

Analysts foresee increased localization investment in Malaysia’s EV sector next year

Analysts have foreseen electric vehicle (EV) transition pace to pick up in Malaysia next year, underpinned by government policies and incentives.

Catcha Digital acquires 60 percent stake in Drive 2 Digital for $3.59 million

Malaysian digital media firm Catcha Digital Berhad has on Friday announced that it has acquired a 60 percent interest in Drive 2 Digital Sdn Bhd (D2D) for a cash consideration of MYR 16.2 million ($3.59 million) to strengthen its position in automotive digital media.