Deep Tech
Singapore’s Meridian Innovation secures $12.5M to scale operations
Meridian Innovation Pte Ltd, a Singapore-based thermal imaging sensors developer, has announced it has raised $12.5 million in a funding round led by new investors, strategic partners, as well as participation from existing investors.
US’s KLA completes first phase of $200M Singapore operations expansion
United States-based chiptool maker KLA Corporation said Thursday it has completed first phase of $200 million Singapore operations expansion.
Advantech unveils expanded Singapore office to boost ASEAN presence
Advantech, a global leader in industrial internet of things (IoT) and embedded computing solutions, has officially inaugurated its expanded regional office in Singapore.
AirAsia X issues shareholders’ circular on proposed acquisitions of Capital A’s aviation businesses
Malaysia's budget airline AirAsia X (AAX) has issued a detailed circular to its shareholders, providing an in-depth view of the company’s proposed acquisitions of Capital A Berhad’s entire equity interest in the aviation business in AirAsia Aviation Group Limited (AAAGL) and AirAsia Berhad (AAB) for MYR 6.8 billion ($1.65 billion).
Yinson Renewables’ 97 MWP Matarani Solar project in Peru commences operations
Malaysia-based Yinson Renewables’ Matarani solar plant in Peru recently entered into its full operational phase, following the commencement of power export and sales in July 2024.
Taiwan’s ELNA PCB opens $230M manufacturing plant in Penang
ELNA PCB(M) SDN. BHD., a Malaysian printed circuit board (PCBs) subsidiary of Global Brands Manufacture under the Taiwan-based Passive System Alliance (PSA) Group, has on Tuesday announced the opening of its second plant in Penang, Malaysia, with an investment exceeding MYR 1 billion ($230 million).
Yinson GreenTech’s marinEV commences commercial trials with Hydromover
Malaysia-based Yinson GreenTech’s (YGT) marinEV has announced the start of commercial trials for the Hydromover, marking a critical milestone in the decarbonization of Singapore’s maritime industry.
China’s Zhuhai CosMX invests $230M to build first manufacturing plant in Malaysia
Zhuhai CosMX Battery Co Ltd, a China-based manufacturer of consumer lithium-ion batteries and power lithium-ion batteries, has announced plans to build its first manufacturing plant in Kedah, Malaysia with an investment of MYR 1 billion ($230 million).
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).
United States’ Enovix inaugurates its $1.2B high-volume manufacturing facility in Malaysia
Enovix Corporation, a global high-performance battery technology firm, has on Thursday announced the grand opening of its first high-volume manufacturing facility (Fab2) in Malaysia.
