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Taiwan’s ALP Launches RM500 Mln Smart Cold Chain Facility In Shah Alam

KUALA LUMPUR, May 15 (Bernama) -- Taiwan property developer and operator of smart logistics infrastructure company, Ally Logistic Property (ALP), has launched its first purpose-built smart cold chain facility in Malaysia and second OMEGA project in the Klang Valley for approximately RM500 million.

Kioxia, Dell Technologies To Deliver High-Density AI Storage Server Configuration

KUALA LUMPUR, May 15 (Bernama) -- Kioxia Corporation, a world leader in memory solutions, has collaborated with Dell Technologies to deliver a 2U server configuration capable of scaling to an unprecedented 9.8 petabytes (PB) of flash storage.

Mobix Labs Targets Critical Minerals Supply Chain With SPD Deal

KUALA LUMPUR, May 15 (Bernama) -- Mobix Labs has unveiled plans to expand into the strategic rare earth and critical minerals sector through a proposed acquisition of Special Project Delivery LLC (SPD), a United States (US)-based supply chain platform.

Mobix Labs Moves Into Rare Earths With Proposed SPD Acquisition

KUALA LUMPUR, May 15 (Bernama) -- Mobix Labs Inc has signed a non-binding Letter of Intent to acquire Special Project Delivery LLC (SPD), a strategic infrastructure platform focused on building sovereign United States (US) supply chains for rare earth elements, critical minerals, and energy storage.

MAHB Optimistic On Outlook, Urges Greater Aviation-tourism Collaboration To Boost Passenger Traffic

From Kisho Kumari Sucedaram 

BANGKOK, May 14 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB), which remains optimistic on its outlook this year despite ongoing geopolitical uncertainties in West Asia, has called for greater cooperation across the aviation and tourism ecosystem to increase passenger traffic and support Malaysia’s aviation ambitions.

Quest Software Expands AI Data Platform With New Modelling, Intelligence Capabilities

KUALA LUMPUR, May 14 (Bernama) -- Quest Software, a data management, cybersecurity and platform modernisation leader, has announced two major releases to the Quest Trusted Data Management Platform, expanding its artificial intelligence (AI) and data capabilities.

GenNx360 Capital Partners Exits Precision Aviation Group In US$2.025 Bln Deal 

KUALA LUMPUR, May 14 (Bernama) -- GenNx360 Capital Partners, a New York-based private equity firm, has agreed to sell its portfolio company, Precision Aviation Group (PAG), to VSE Corporation (VSE) in a transaction valued at approximately US$2.025 billion in cash and equity. (US$1 = RM3.93)

PM Anwar Receives Courtesy Visit From US-ASEAN Business Council Delegation

KUALA LUMPUR, May 13 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim today received a courtesy visit from the president and chief executive officer of the United States-ASEAN Business Council (US-ABC), Ambassador (retired) Brian McFeeters and a delegation in conjunction with the 2026 Malaysia Business Mission.

Green Building Initiative CEO Vicki Worden To Exit

KUALA LUMPUR, May 13 (Bernama) -- Green Building Initiative (GBI) has announced the planned departure of its Chief Executive Officer (CEO), Vicki Worden, who is set to leave in late June after leading the nonprofit organisation since 2015.

Malaysia's MRO Market On Track To Achieve RM55 Bln Revenue Target By 2030 - Sim

KUALA LUMPUR, May 13 (Bernama) -- Malaysia’s maintenance, repair and overhaul (MRO) market is on track to achieve RM55 billion in revenue target by the end of 2030 under the Malaysia Aerospace Industry Blueprint (MAIB) 2030, said Deputy Investment, Trade and Industry Minister Sim Tze Tzin.

Negeri Sembilan Poised To Transform Into High-value Manufacturing Hub -- Sim

SEREMBAN, May 12 (Bernama) -- Industrial development in Negeri Sembilan is now entering a new phase as the state is transitioning from an assembly and support hub to a high-value manufacturing hub, said Deputy Investment, Trade and Industry Minister Sim Tze Tzin.

Govt To Continue Monitoring Global Supply Crisis

KUALA LUMPUR, May 12 (Bernama) -- The global energy market has shown signs that it is stabilising, but it needs to be continuously monitored as any new developments can affect energy and production costs, said Economy Minister Akmal Nasrullah Mohd Nasir.