Malaysia
Malaysia’s Solarvest secures $26M CGPP EPCC contract for solar plant in Pahang
Malaysian clean energy company Solarvest Holdings Berhad has secured a MYR 113 million ($25.87 million) engineering, procurement, construction, and commissioning (EPCC) contract to construct a solar farm from P Solar Sdn Bhd.
Malaysia’s Kenanga acquires 8 percent stake in Singaporean fintech firm Helicap
Malaysia’s independent investment bank, Kenanga Investment Bank Berhad (Kenanga Group) announced Monday that it has acquired 8 percent stake in Singaporean fintech firm Helicap Pte Ltd.
Malaysia’s Teleport posts 35 percent year on year growth in second quarter revenue
Malaysia-based Capital A's logistics arm Teleport has seen its quarterly revenue increased by 35 percent year on year to MYR 225 million ($47.5 million) in the second quarter.
Malaysia’s BoomGrow partners CelcomDigi to launch 5G and AI-powered Machine Farms
Malaysia-based BoomGrow Productions Sdn Bhd (BoomGrow) and CelcomDigi Berhad have on Thursday announced a strategic partnership to transform Malaysia’s agricultural industry through the integration of 5G connectivity, artificial intelligence (AI), and extended reality (XR) with precision farming technology.
Malaysia’s MOVE Digital posts $32M revenue in the second quarter
Malaysia-based Capital A's digital arm MOVE Digital has posted MYR 137.8 million ($31.96 million) in revenue in the second quarter ended June 30, 2024.
China’s Rigol sets up $23M manufacturing facility, R&D center in Malaysia
Rigol Technologies Co., Ltd., a China-based company specializing in design, development, production, and sales of electronic test and measurement instruments, has set up a manufacturing facility and research and development (R&D) center in Malaysia, with a total investment of over MYR 100 million ($23.14 million).
Zurich Malaysia collaborates with GXBank to launch cyber protect digital insurance product
Zurich General Insurance Malaysia Berhad and GXBank Berhad have announced the launch of Cyber Fraud Protect offered within the GXBank application and powered by Zurich Edge platform.
AWS launches infrastructure region in Malaysia, investing $6.2B through 2038
Amazon Web Services (AWS), an Amazon.com, Inc. company, has on Wednesday announced the launch of the AWS Asia Pacific (Malaysia) Region. As part of its long-term commitment, AWS is planning to invest an estimated $6.2 billion in Malaysia through 2038.
Tencent Cloud partners Global Resources Management to launch internet data center in Malaysia
Tencent Cloud, the cloud business of the China-based technology company Tencent, has announced its strategic partnership with Global Resources Management Sdn. Bhd. (GRM), a Malaysian-owned company specialized in building digital infrastructure.
Malaysia’s FinKnight secures funding from First Move, Gobi Partners Affiliate to expand financial support for startups
Malaysia-based fintech firm FinKnight, formerly Beetle Knight Advisory, has secured strategic investment from First Move and Gobi Partners Affiliate to enhance financial services for startups and scaleups in Southeast Asia.
