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EIG’s MidOcean Energy Secures US$1.2 Bln Equity Raise

KUALA LUMPUR, March 17 (Bernama) -- MidOcean Energy (MidOcean), a liquefied natural gas (LNG) company formed and managed by EIG, announced it has secured an equity capital raise of more than US$1.2 billion. (US$1=RM3.91)

Kioxia Unveils High-Performance SSD For AI Workloads

KUALA LUMPUR, March 17 (Bernama) -- Kioxia Corporation, a leader in memory solutions, has announced the development of a Super High (input/output operations per second) IOPS solid-state drive (SSD) designed to enhance artificial intelligence (AI) systems by enabling graphics processing units (GPUs) to directly access high-speed flash memory.

Cushman & Wakefield Appoints Victoria Lake As CFO For APAC, EMEA

KUALA LUMPUR, March 17 (Bernama) -- Cushman & Wakefield, a global real estate services firm, has appointed Victoria Lake as Chief Financial Officer (CFO) for Asia Pacific (APAC) and Europe, the Middle East, and Africa (EMEA).

H2O.ai Multimodal Models Surpass One Million Monthly Downloads

KUALA LUMPUR, March 17 (Bernama) -- H2O.ai, a pioneer in sovereign artificial intelligence (AI), announced its openly available H2OVL Mississippi visual-language multimodal models have reached a significant milestone, surpassing one million monthly downloads.

CompAsia Targets RM400 Mln-500 Mln Main Market IPO In 1H 2027

By Niam Seet Wei

KUALA LUMPUR, March 17 (Bernama) -- Integrated refurbished technology leader CompAsia Sdn Bhd is set to launch its Main Market initial public offering (IPO) on Bursa Malaysia in the first half of 2027 (1H 2027), aiming to raise around RM400 million to RM500 million, with a valuation of about RM2 billion.

Funds May Favour Commodity Exporters Like Malaysia Amid West Asia Uncertainties - Economist

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, March 17 (Bernama) -- Heightened geopolitical uncertainty surrounding developments in the Strait of Hormuz could influence global capital flows, with commodity-exporting economies such as Malaysia potentially better positioned amid rising energy prices.

Megah Port Management, Labuan Port Authority Ink Agreements To Boost Port Operations

KUALA LUMPUR, March 17 (Bernama) -- Megah Port Management Sdn Bhd (MPM) and the Labuan Port Authority (LPA) today signed the operation, facility and management continuation agreement and the leasing agreement aimed at further strengthening port operations and maritime services on this duty-free island.

AirBorneo Opts For Boeing, Jet Operations Routes Planned To KL, Singapore

KUCHING, March 16 (Bernama) — AirBorneo plans to launch regional jet operations from Kuching in July using three Boeing 737-800 aircraft as part of efforts to expand its connectivity beyond the existing network.

Bursa Malaysia Uplifts Pharmaniaga From PN17 Status Effective Tomorrow

KUALA LUMPUR, March 16 (Bernama) -- Bursa Malaysia said Pharmaniaga Bhd will be uplifted from its PN17 status effective 9 am tomorrow.

Rubber Market Ends Mixed Amid Differing US, China Economic Data

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, March 16 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Monday in tandem with regional rubber futures markets that tracked the economic performance of rubber consuming regions such as the United States and China, a dealer said.

IJM Plans India Exit To Unlock Shareholder Value

PETALING JAYA, March 16 (Bernama) -- IJM Corp Bhd plans to exit its highway investments in India as part of its efforts to unlock shareholder value.

Founders Connects Event Brings Startups, Investors Together In UAE

KUALA LUMPUR, March 16 (Bernama) -- A networking event in Dubai bringing together startup founders, investors and ecosystem partners highlighted the importance of structured peer-to-peer collaboration within the region’s startup ecosystem, with Dmitry Shubov, founder of Dmitry Shubov Consulting, among those in attendance.