Malaysia

Berjaya Corp partners MNC Group to explore E-Money business in Malaysia

Malaysia-listed conglomerate Berjaya Corporation Berhad (BCorp) and Indonesian conglomerate MNC Group arm PT MNC Kapital Indonesia TBK (BCAP) have signed a preliminary nonbinding term sheet to enable both parƟes to explore e-money business in Malaysia.

Malaysia’s Sersol ventures into electric scooters business

Malaysia-listed coatings business firm Sersol is venturing into selling and producing electric scooters. Its JV firms have partnered China's Chongqing Beidou Jiean Neo-Energy Technology to sell, distribute, assemble and produce electric scooters and related accessories and infrastructures which will include the charging of the electrics scooters…

UK’s activpayroll acquires Malaysia-based payroll outsourcing and employee mobility specialist Propay Partners

United Kingdom-based human resources tech firm activpayroll has acquired Malaysia-based payroll outsourcing and employee mobility specialist Propay Partners to accelerate its growth in Asia Pacific.

Malaysia’s Aerodyne acquires controlling stake in Brazil’s drone inspection company Grupo DR1

Aerodyne Group, a Malaysia-based drone company, has on Monday announced that it has signed an agreement to acquire a controlling interest in Grupo DR1, one of the leading professional drone operators and service providers in Brazil, to further expand its presence in Latin America (LATAM), in line with Aerodyne’s global expansion plan.

MYStartup partners airasia academy to enable startup community to learn and upskill

MYStartup, an initiative by the Ministry of Science, Technology and Innovation (MOSTI) in Malaysia and powered by Malaysia's early-stage startup influencer Cradle Fund Sdn Bhd. (Cradle), has embarked on a new partnership with airasia academy to make knowledge and education fundamentals more accessible to its startup community.

Malaysia’s Ficus Capital announces $13.58M fund to invest in Malaysia and South East Asia growth startups

Malaysian based venture capital firm Ficus Capital has on last Friday announced its intent to continue investing in Malaysian and South East Asian startups with global growth potentials. With its flagship MYR 60 million ($13.58 million) fund, Ficus SEA, the world’s first shariah compliant venture capitalist is looking for revolutionary, sustainable and…

Ni Hsin partners with SIRIM to set up lithium-ion battery recycling plant

Malaysia-listed Ni Hsin Group Berhad has on Thursday signed a strategic collaboration with SIRIM Berhad to set up a lithium-ion battery recycling plant in Malaysia.

Ni Hsin partners VSD Automation for EV motorcycles distribution

Ni Hsin EV Tech Sdn Bhd (NH EV TECH), a wholly-owned subsidiary of Malaysia-listed Ni Hsin Group Berhad, has on Friday entered into an business partnership agreement (BPA) with VSD Automation Sdn Bhd (VSD) for the distribution and market segmentation of TAILG EBIXON EV motorcycles in the local and international markets.

Teleport raises $50M to extend cross-border delivery services in Southeast Asia

Teleport, the logistics venture under Malaysia-based Capital A Berhad (formerly known as AirAsia Group Berhad), has raised new growth capital of $50 millionfrom large institutional credit investors to extend its cross-border delivery capabilities in all key Southeast Asian markets. 

Malaysia’s Wellous to list on NASDAQ in merger with Malaysia-based SPAC Kairous Acquisition

Founded in 2016, Wellous is a health food and nutrition company that develops, manufactures, markets and distributes trusted and beneficial health and wellness products. The company said it offers only the best of nature, the most precious ingredients from a wide sourcing network. Based in Malaysia, Wellous’s products and services are distributed through…