Malaysia
DNeX, Gamuda team up to provide Google distributed cloud services in Malaysia
Malaysia-based firms Gamuda Berhad and Dagang NeXchange Berhad (DNeX) have teamed up to provide novel air-gapped Google distributed cloud services (GDC Services) to the public and private sectors in Malaysia.
Malaysia’s SC partners CGC to boost MSME and MTC access to capital market financing
The Securities Commission Malaysia (SC) said Wednesday it has recently signed a memorandum of understanding (MoU) with Credit Guarantee Corporation Malaysia Berhad (CGC Group) and CGC Digital Sdn. Bhd. to enhance access for Malaysian micro, small and medium enterprises (MSME) and mid-tier companies (MTC) to capital market financing solutions.
Malaysia’s Gamuda to acquire 20 percent stake in Google cloud partner for $4.07M
Malaysian engineering, property and infrastructure company Gamuda Berhad has announced its strategic plan to acquire a 20 percent stake in Cloud Space Sdn Bhd (Cloud Space), a Google Cloud Premier Partner, for MYR 18 million ($4.07 million).
Malaysia’s TNB partners with Singapore’s Sembcorp Power to advance ASEAN’s renewable energy integration
Malaysia-based utility firm Tenaga Nasional Berhad (TNB) and Singapore’s licensed electricity importer, Sembcorp Power (Sembcorp), a wholly-owned subsidiary of Sembcorp Industries, have advanced regional energy sustainability by signing a renewable energy supply agreement (RESA) on Monday.
Rethinking Venture Capital: How Gobi Partners’ value-driven strategy achieved three exits in one year
Despite headwinds, Gobi Partners saw three of its portfolio startups exit over the last year, generating $350 million in total value with a 20x return on investment. The companies represent diverse sectors and exit strategies: e-commerce enabler Synagistics’ de-SPAC in Hong Kong, Mize’s acquisition by Korea’s Yanolja and Brite Semiconductor’s IPO on the…
Singapore’s HB Global partners HIS to develop AI-powered agriculture and plantation initiatives
Singapore-based frozen food manufacturer HB Global Limited has partnered Malaysian property firm HIS Holdings Sdn. Bhd. to develop artificial intelligence (AI) technology agriculture and plantation initiatives in Pahang of Malaysia.
Malaysia’s Bintang Capital Partners invests in yoga and pilates firm The Flow Studio
Malaysia-based impact investment firm Bintang Capital Partners Berhad (Bintang) has announced its investment through BCP Asia Fund I L.P. in Project Studio Sdn Bhd (The Flow), a Malaysia-based pilates and yoga firm.
Japan’s NTT DATA acquires land for new data center in Malaysia
NTT Data, a Japan-based global technology services firm, is acquiring land for new data center in Malaysia.
Consistent Q3 2024 momentum positions Malaysia’s Carsome for first full profitable year
Carsome Group continues to deliver record profitability, with adjusted EBITDA increasing over 3x quarter-on-quarter (QoQ).
CGS International sees potential downside risks to Malaysia’s technology sector earnings
CGS International said Tuesday that the potential trade and industry policy changes under newly elected US President Trump, headwinds from Malaysian Ringgit’s strengthening against the US dollar, as well as muted demand recovery for consumer electronics, could lead to downside risks to Malaysia's technology sector earnings.
