Malaysia
News,Malaysia,SEA,Mergers and Acquisitions
AirAsia X announces the extension of time to complete the acquisition of Capital A’s aviation business
The timeline has been extended by two months, from Jan 25 to Mar 24, 2025, allowing both parties additional time to finalize the transaction for AAAGL and AAB.
January 28, 2025
News,Malaysia,Blockchain / Crypto,Digital Transformation
MYEG partners with MyDigital ID Solutions to set up Malaysia’s blockchain-powered digital identity ecosystem
The MyDigital ID Superapp will provide a seamless, secure, and scalable solution for integrating digital identity management for commercial service providers.
January 24, 2025
News,Malaysia,Blockchain / Crypto
MIMOS partners Masverse to develop blockchain infrastructure for Malaysia
Malaysia's national applied research and development (R&D) center for technology solutions MIMOS Berhad has partnered blockchain firm Masverse to develop blockchain infrastructure for Malaysia.
January 24, 2025
News,Malaysia,SEA,Investments,India
Malaysia’s PE firm Creador closes Fund VI at $930 million, says Founder & CEO Brahmal Vasudevan
Since its inception, the firm has raised $3.1 billion from a diverse group of global investors, including prominent corporations, foundations, family offices, and institutions.
January 23, 2025
Hong Leong sees Malaysian government supportive policies to provide competitive advantage in data center amid US AI chip curbs
While the recent US Framework for AI Diffusion presents a dent to Malaysia’s booming DC space, Hong Leong Investment Bank Research said Wednesday that Malaysian government supportive policies will provide a competitive advantage in data center (DC) investment.
January 23, 2025
Maybank estimates ASEAN data center growth at 20 percent revenue CAGR by 2028
Maybank Investment Bank has estimated ASEAN data center growth at 20 percent revenue compound annual growth rate (CAGR) by 2028.
January 23, 2025
London-based GP Bullhound welcomes Shahril Hamdan as Head of Southeast Asia
GP Bullhound is a technology advisory and investment firm, providing transaction advice and capital to the world’s best entrepreneurs and founders. Founded in 1999 in London and Menlo Park, the firm today has 13 offices spanning Europe, US and Asia.
January 22, 2025
Malaysia’s FashionValet founders claim trial to alternative charges of fund misappropriation – report
They are accused of jointly and dishonestly misappropriating MYR8 million of FashionValet’s investment funds from Khazanah and PNB, at Public Bank Berhad, Bukit Damansara Branch, 36-40 Medan Setia 2, Plaza Damansara, Bukit Damansara, on Aug 21, 2018.
January 22, 2025
News,Electric Vehicles & Mobility,Malaysia
Malaysia’s iMotorbike completes Series A funding with $10M to drive regional growth
IMotorbike, a Malaysia-based motorcycle platform for buying and selling pre-owned motorcycles, has announced the successful completion of a $10 million Series A funding round.
January 22, 2025
Carsome partners Petronas AutoExpert to expand aftersales services in Malaysia
Carsome Group, Southeast Asia’s largest integrated car e-commerce platform, and Petronas AutoExpert, a business unit under Petronas Lubricants Marketing Malaysia, have formed a strategic partnership to enhance aftersales service offerings for customers across Malaysia.
January 22, 2025