Malaysia
NEFIN and MYDIN team up for carbon-neutral energy solutions in Malaysia
NEFIN, an Asia Pacific green independent power producers, and Mydin Mohamed Holdings Berhad (MYDIN), a halal home-grown wholesale and retail chain in Malaysia, have on Tuesday announced a partnership in implementing carbon-neutral energy solutions and driving sustainability efforts in the retail industry.
Malaysia’s Khazanah Impact Innovation Challenge 2023 unveils Top three winners
The Khazanah Impact Innovation Challenge (KIIC) 2023 has concluded its Demo Day on Tuesday, where 15 finalists representing impactful Malaysian businesses pitched for potential equity investments and/or debt funding from Khazanah and its funding partners in their quest to deliver innovative solutions to tackle climate change challenges for food security in…
Malaysia’s TNB partners Singapore’s Charge+ for cross-border EV charging platform
Tenaga Nasional Berhad (TNB), Malaysia's sustainable energy solutions provider, and Chargeplus Sdn Bhd (Charge+), a subsidiary of Singapore-based integrated electric vehicle (EV) charging solution provider Charge+ Pte Ltd., have announced a joint initiative to explore a ground-breaking cross-border roaming platform.
Malaysia’s TNB partners Petronas to explore CCS technology for gas-fire power plants
Malaysian utility firm Tenaga Nasional Berhad (TNB) has partnered with state-owned oil and gas firm Petroliam Nasional Berhad (Petronas) to explore carbon capture and storage (CCS) technology for gas-fired power plants.
Malaysia’s MY E.G. blockchain unit Zetrix launches cross border supply chain financing pilot with Chinese banks
Malaysia's MY E.G. Services blockchain unit Zetrix, has announced the commencement of a pilot project to offer supply chain financing products in conjunction with Chinese banks for international importers and exporters.
Japan’s Mitsui invests $58M in ADA via Axiata Digital, valuing ADA at $550M
Following the investment, Mitsui’s stake in ADS will increase from 3.29 percent to 20 percent, resulting in an effective 12.69 percent stake in ADA.
Malaysia’s Vircle receives venture capital injection from Kumpulan Modal Perdana, Gobi Partners
Vircle, a Malaysian neobanking service provider, has successfully secured venture capital (VC) funding for its seed round from co-lead investors Kumpulan Modal Perdana (KMP), a government-owned tech-focused VC, and Gobi Partners (Gobi), an Asia-focused VC firm.
Fusang Exchange tokenizes and lists digital sukuk backed by IILM
Fusang Exchange, a Malaysia-based digital stock exchange operator, has on Monday announced the successful tokenization and listing of a digital sukuk representing the corresponding underlying sukuk issued by the International Islamic Liquidity Management Corporation (IILM).
Malaysia’s PNB, EPF, KWAP co-invest in high-tech industrial asset Kulim II for $420M
Malaysian funds Permodalan Nasional Berhad (PNB), the Employees Provident Fund (EPF), and Kumpulan Wang Persaraan (Diperbadankan) (KWAP) have signed a sale and leaseback transaction agreement valued at MYR2 billion ($420 million) with OSRAM Opto Semiconductors Sdn Bhd, a wholly-owned domestic subsidiary of Austria-based intelligent sensors and emitters…
Gentari partners AM Green to drive large-scale green hydrogen production with global reach
Malaysian clean energy firm Gentari Sdn Bhd (Gentari) has partnered AM Green BV (AM Green) to jointly invest, in phases, into a green ammonia platform, AM Green Ammonia Holdings BV (AMG Ammonia). AMG Ammonia is established by the founders of Greenko, one of India’s leading renewable energy companies.
