Malaysia

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.

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.

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.

Creador Founder and CEO Brahmal Vasudevan

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.

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.

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.

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.

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.

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.

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.