Jadestone Debuts as New Upstream Investor and Operator in Malaysia

KUALA LUMPUR, Aug 2 (Bernama) — Jadestone Energy Holdings Ltd, a subsidiary of Singaporebased Jadestone Energy plc (Jadestone) has become the latest upstream investor in Malaysia through its acquisition of SapuraOMV Upstream (PM) Inc (SapuraOMV PM), a subsidiary of SapuraOMV Upstream Sdn Bhd (SapuraOMV). SapuraOMV PM holds participating interests in producing…

Zoo Melaka Receives Donation Of Medical Supplies From Fusionex

PETALING JAYA, Malaysia, Aug 2 (Bernama-BUSINESS WIRE) — Zoo Melaka received a much-needed donation when data technology leader Fusionex donated medical supplies worth RM10,000. The tightened SOPs imposed by MCO 3.0, which comprise movement restrictions and mandated closure of most businesses, saw the zoo being placed in a difficult financial spot…

AmBank ‘Amazing 30’ Campaign Introduces All New Daily Deals With Prominent Retailers

KUALA LUMPUR, Aug 2 (Bernama) — AmBank credit and debit card customers are now able to enjoy savings for a variety of categories such as groceries, dining, online shopping and petrol via AmBank ‘Amazing 30’ promotional campaign with daily rewards including RM30 cashback or enjoy RM30 discount or 30% off. Aaron…

OMERS Infrastructure Agrees To Purchase 19.4% Stake In Azure Power

SINGAPORE, Aug 2 (Bernama-GLOBE NEWSWIRE) — OMERS Infrastructure today announced that it has signed a Stock Purchase Agreement to acquire from International Finance Corporation and IFC GIF Investment Company I an approximately 19.4% stake in Azure Power Global Limited (NYSE: AZRE), for a total consideration of approximately US$219m. Founded in 2008,…

Circus Social Rebrands as Radarr to Help Businesses Navigate Asia’s Digital Landscape

SINGAPORE, Aug 2 (Bernama-BUSINESS WIRE) — Social media intelligence company Circus Social has rebranded as Radarr as it evolves to cater to an ever-increasing demand for predictive digital insights in Asia. The company, which launched in 2012, will roll out its new name, visual identity, products, and website this month.…

MIDA Amalgamates With MDEC On Digital Investment Office (DIO)

LAUNCH OF MALAYSIA, HEART OF DIGITAL ASEAN (MHODA) PORTAL, A SINGLE WINDOW TO FACILITATE DIGITAL INVESTMENTS INTO MALAYSIA KUALA LUMPUR, Aug 2 (Bernama) — YB Dato’ Sri Mustapa bin Mohamed, Minister in the Prime Minister’s Department (Economy), today launched Malaysia, Heart of Digital ASEAN (MHODA) portal, a single platform to attract…

SUBPLACE’s Star Product Raises RM6.66 million in Equity Crowdfunding within 15 Minutes

KUALA LUMPUR, Malaysia, Aug 2 (Bernama-PRNewswire) —LOCKIN Smart Lock, the first star product launched by SUBPLACE, successfully raised RM6.66 million from 172 investors in just 15 minutes. The project is facilitated by Malaysia’s leading equity crowdfunding (ECF) platform, MyStartr, which was approved by the Securities Commission (SC) for the Malaysia Co-Investment Fund (MYCIF). The platform…

I’mbesideyou Inc. Launched “UNION OF EMOTIONS” Service Using AI to Visualize Cheering Each Other Across National Borders

TOKYO, Aug 2 (Bernama-BUSINESS WIRE) — I’mbesideyou Inc. (Setagaya-ku, Tokyo CEO: Shozo Kamiya, hereinafter referred to as I’mbesideyou) launched the “UNION OF EMOTIONS” service on July 23, 2021, the opening day of an international sporting event. This is the first time we have been able to visualize people cheering each other…

NanoMalaysia Berhad Celebrates 10 Years Of Groundbreaking Achievements

KUALA LUMPUR, Aug 2 (Bernama) — NanoMalaysia Berhad (NMB) yesterday celebrated 10 years of revolutionary breakthroughs as the leading agency mandated by the Ministry of Science, Technology and Innovation (MOSTI) to commercialise nanotechnology through a venture builder model. To cap off its 10th year in leapfrogging nanotechnology-based SMEs towards commercialisation ventures, the company…

Best’s Market Segment Report: AM Best Assigns Stable Outlook to Malaysia’s Non-Life Insurance Industry

SINGAPORE, Aug 2 (Bernama-BUSINESS WIRE) — AM Best has assigned a stable market segment outlook to Malaysia’s non-life insurance industry, based on the sector’s underwriting discipline and robust pricing, as well as increased use of digital solutions to enhance data and pricing capabilities, claims automation, product innovation and distribution. In…