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TWL Holdings Unit Buys 45 Pct Stake In Fairise Odyssey

KUALA LUMPUR, June 19 (Bernama) -- TWL Holdings Bhd's (TWL) wholly owned subsidiary TWL Builders Sdn Bhd has acquired a 45 per cent stake in Fairise Odyssey (M) Sdn Bhd (FOSB), comprising 45,000 ordinary shares of RM1 each for RM42 million.

JTB To Acquire Asia DMC Operator EXO Travel

KUALA LUMPUR, June 19 (Bernama) -- JTB Corp has agreed to acquire all shares of Bangkok-based EXO Travel Group through a group company in the Asia-Pacific (APAC) region, strengthening its destination management capabilities and expanding its global travel network.

AI Boom Opens Growth Avenues For Penang SMEs - MSIA

GEORGE TOWN, June 18 (Bernama) -- The artificial intelligence (AI) boom is opening significant growth opportunities for Penang’s small and medium enterprises (SMEs), particularly those supporting the semiconductor value chain, according to the Malaysia Semiconductor Industry Association (MSIA).

SISTIC Secures Formula 1 Singapore GP Ticketing Role

KUALA LUMPUR, June 18 (Bernama) -- SISTIC, Singapore’s leading ticketing service provider and a company of AXS Tickets, has secured a multi-year partnership to deliver official ticketing services for the Formula 1 Singapore Grand Prix (GP), beginning with the 2027 race.

Aeris Completes IoT Connectivity Agreement With KDDI

KUALA LUMPUR, June 16 (Bernama) -- Aeris, a global leader in wireless management platforms, security services and connected vehicle programmes, has announced the successful completion of its Internet of Things (IoT) connectivity management service agreement with KDDI Corporation.

TMK Chemical Proposes RM920 Mln Acquisition Of CCM From Batu Kawan

KUALA LUMPUR, June 12 (Bernama) -- TMK Chemical Bhd has proposed to acquire 100 per cent equity interest in Chemical Company of Malaysia Bhd (CCM), excluding certain assets, from Batu Kawan Bhd (BKB) for an indicative purchase consideration of RM920 million on a cash-free, debt-free basis.

Digital Realty Launches Malaysia Platform, Targets 32MW Data Centre Capacity

KUALA LUMPUR, June 8 (Bernama) -- Digital Realty has launched its Malaysia platform, marking a key milestone in its Asia Pacific expansion, with plans to develop and scale its data centre capacity in the country to approximately 32 megawatts (MW).

Cloudflare Acquires VoidZero To Advance Vite Ecosystem Integration

KUALA LUMPUR, June 8 (Bernama) -- Cloudflare Inc, a connectivity cloud company, has announced the acquisition of VoidZero, the open source-first company behind the next-generation JavaScript tooling ecosystem Vite.

Mobix Labs Enters Agreement To Acquire Drone Maker Vision Aerial

KUALA LUMPUR, June 8 (Bernama) -- Mobix Labs Inc has signed a binding letter of intent to acquire Vision Aerial Inc, a Montana-based manufacturer of American-built drones, as part of its acquisition-led growth strategy.

Orano Canada, Cameco To Acquire TEPCO Stake In Cigar Lake JV

KUALA LUMPUR, June 3 (Bernama) -- Orano Canada Inc (Orano Canada) and Cameco Corporation (Cameco) have reached an agreement to jointly acquire TEPCO Resources Inc (TEPCO) five per cent ownership in the Cigar Lake Joint Venture (JV) in a transaction that will increase both companies’ stakes in the uranium mining project.

AM Best Places Labuan Re Ratings Under Review Following MNRB Acquisition Deal

KUALA LUMPUR, May 29 (Bernama) -- Global credit rating agency, AM Best has placed under review with developing implications the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Malaysia’s Labuan Reinsurance (L) Ltd (Labuan Re).

AIFA Files Form 8-K With Additional Details On Planned HyalRoute Acquisition

KUALA LUMPUR, May 28 (Bernama) -- All In FutureTech Alliance Inc (AIFA) announced it has filed a Current Report on Form 8-K with the United States Securities and Exchange Commission providing supplemental information on its previously announced plan to acquire HyalRoute Fiber Optic Group (HyalRoute) at US$10.00 per share. (US$1 = RM3.96)