Risen Energy and Eco Persona, a Malaysian solar EPC enterprise, has announced a significant expansion in Southeast Asia by signing a strategic agreement to develop new photovoltaic (PV) projects in four northern states of Malaysia.

This cooperation will prioritize the use of Risen Energy’s high-power Heterojunction (HJT) modules, string inverters, and commercial and industrial energy storage cabinets to construct an efficient power generation PV-storage integrated system.

With the acceleration of the global carbon neutrality process, the photovoltaic market in Southeast Asia is experiencing explosive growth.

This project between Risen Energy and Eco Persona not only consolidates their leading positions in the Malaysian PV market but also, through the deep synergy of cutting-edge technology and local services, provides global clients with more efficient and reliable green energy solutions, jointly outlining a blueprint for carbon neutrality.

Fasset, a global banking and investment platform, has announced the appointment of Rafiza Ghazali as Managing Director, Consumer Banking, effective 1 February 2026. Ghazali, a seasoned banker with over two decades of experience, will lead Fasset’s strategy to become a full-service, Shariah-aligned digital bank, following its recent approval to launch the world’s first stablecoin-based Islamic digital bank in Malaysia.

Ghazali’s extensive background includes leading the establishment and public launch of KAF Digital Bank, Malaysia’s second Islamic digital bank. Her expertise spans central banking, capital markets, Islamic finance, and digital banking. At Fasset, she will focus on expanding the company’s stablecoin-led banking strategy across retail, private SME, and trade finance segments, leveraging the Labuan regulatory framework in Malaysia.

“Fasset’s mission to expand financial access and build inclusive digital infrastructure strongly resonates with me,” Ghazali stated. Her role will involve scaling digital banking operations and enhancing Fasset’s multi-jurisdictional banking infrastructure.

Fasset, co-founded by Mohammad Raafi Hossain and Daniel Ahmed, aims to enhance financial inclusion in high-growth markets. The platform has seen significant growth, with 1 million retail app downloads in 2025 and a US$12b annualised volume. Hossain remarked, “Rafiza brings firsthand end-to-end experience in building and running a regulated digital bank.”

Ghazali’s appointment marks a significant step in Fasset’s journey to scale its consumer banking operations globally, aligning with regulatory expectations and institutional-grade governance.

Lockton Sime Insurance Brokers, formerly known as Sime Darby Lockton Insurance Brokers, has announced a pivotal change in its shareholding structure, with Lockton now holding the majority stake. Effective from 31 December 2025, the company has rebranded to Lockton Sime Insurance Brokers, marking a significant step in its strategic growth in Malaysia.

Lockton, which has been a minority shareholder since 2007, has transitioned to a majority position, reinforcing its commitment to the Malaysian market. This change is expected to bring enhanced access to global expertise and resources, allowing Lockton Sime to offer more tailored solutions to its clients. Sime remains a minority shareholder, ensuring continuity and stability within the company.

Tony Hardy, CEO of Lockton Asia, stated, “Malaysia is an important market for Lockton in Asia, and the shareholding transition marks a significant milestone in our journey to expand our presence in the region.” He emphasised that this shift will enable Lockton to bring more global capabilities to the local market, benefiting clients and partners with world-class expertise.

The rebranding to Lockton Sime underscores the company’s dedication to long-term partnerships and growth in Malaysia. Yahya Ibrahim, CEO of Lockton Sime, expressed excitement about the new chapter, stating that the name change reflects the strength of their global partnership with Lockton.

As part of the transition, Lockton Sime has launched a new website and invites stakeholders to stay updated through its social media platforms. This development marks a new era for the company, characterised by collaboration and innovation, with a continued focus on delivering value to clients and partners in Malaysia.

Natural catastrophes have emerged as the primary concern for businesses in Malaysia for 2026, according to the Allianz Risk Barometer. This marks a significant rise from its previous position at number five last year. The survey also notes the accelerated adoption of Artificial Intelligence (AI), which has surged to the second spot, alongside business interruption, including supply chain disruptions.

Globally and across the Asia Pacific, cyber incidents, AI, and business interruption are the top risks, with AI noted as the most significant riser. Allianz Commercial CEO Thomas Lillelund commented on the evolving risk landscape, stating, “Following the volatility and uncertainty of 2025, businesses continue to face interconnected and highly complex risks in 2026’s fast-changing environment. Given the continuing rise of AI across society and industry, it is unsurprising that it is the big mover in the Allianz Risk Barometer.”

In Malaysia, recent floods have underscored the urgency of addressing natural catastrophes. Over 15,000 people were affected across seven states, with significant damage in Kelantan, Perlis, and Kedah. The disaster saw 10 major rivers reach dangerous levels by the end of November 2025, resulting in losses up to $10.3m, primarily impacting paddy crops.

Rafliz Ridzuan, Chief Underwriting Officer at Allianz General Insurance Company (Malaysia) Berhad, emphasised the need for increased climate adaptation efforts. “Weather events and disasters that were considered rare or historic in the past are now common occurrences,” he noted, urging governments to enhance resilience to future events.

As businesses navigate these challenges, the focus remains on preparedness and protection against both natural and technological risks.

Semico Capital Berhad, a provider of family entertainment products and services, has made a notable debut on the ACE Market of Bursa Malaysia Securities Berhad. The company’s shares opened at 45 sen, marking an 80% premium over its initial issue price of 25 sen, with an opening volume of 23,478,400 shares. This impressive start follows an oversubscription of 28.1 times for its initial public offering, indicating robust investor interest.

The Executive Director and CEO of Semico Capital, Tai Lee Chuen, expressed that the listing is a significant milestone for the company, highlighting the dedication of the team and the progress achieved. “Supported by the listing proceeds of  RM23.2m, we are well positioned to accelerate our growth plans and pursue new opportunities within the family entertainment industry,” he stated.

The funds raised will be strategically allocated to support business expansion, including RM8.5m for new arcade and amusement machines, RM2.1m for replacing existing machines, and RM2.5m for purchasing toys and collectables. Additionally, RM1.6m will be used for repaying bank borrowings, and RM4m for working capital, with the remaining RM4.5m covering listing expenses.

Semico Capital plans to expand its arcade and amusement machine fleet and broaden its toys and collectables portfolio, aiming to strengthen customer engagement and meet market demand. Affin Hwang Investment Bank Berhad served as the Principal Adviser, Sponsor, Sole Placement Agent, and Sole Underwriter for the IPO.

Dr.stretch Malaysia has announced a partnership with national fencer Saif Nordin, a News Hub Asia athlete, to promote elite mobility and performance across Malaysia. This collaboration, revealed on 12 January 2026, aligns with Dr.stretch’s mission to make professional mobility, recovery, and performance care accessible to Malaysians of all ages and activity levels.

The partnership was commemorated at a session held at Dr.stretch in Sunway 163 Mall, Mont Kiara, Kuala Lumpur. Azri bin Khairudin, Area Manager at Dr.stretch Malaysia, highlighted the significance of this collaboration in addressing mobility issues that are becoming an economic challenge in the country.

According to the Malaysian Employers Federation, companies in Malaysia recorded 10.7 million lost working days in a year due to sick leave, largely attributed to poor mobility and insufficient recovery practices. This partnership aims to tackle these issues by promoting better movement and recovery practices, potentially reducing preventable pain, stiffness, and fatigue among the workforce.

Saif Nordin, recognised as one of Malaysia’s most promising young athletes, is expected to bring his expertise and experience to the collaboration, inspiring Malaysians to prioritise their physical well-being. The initiative underscores the importance of proper movement and recovery in enhancing overall health and productivity.

As Dr.stretch Malaysia continues to expand its reach, this partnership with Saif Nordin is poised to play a crucial role in improving the nation’s mobility and performance standards, potentially reducing the economic impact of lost working days due to health issues.

Royal Philips and KL International Hospital have signed a Memorandum of Understanding (MoU) to develop next-generation smart hospital initiatives in Malaysia. This collaboration seeks to integrate advanced technologies into healthcare delivery, focusing on improving patient care, streamlining operations, and enhancing data management.

The MoU outlines a framework for both parties to explore opportunities that promote a patient-centric approach, ensuring better care accessibility and improved safety. It also addresses regulatory compliance and data security, whilst encouraging research and innovation to advance smart hospital initiatives.

Dato’ Dr. Colin Lee, Managing Director of KL International Hospital, stated, “Healthcare systems are under immense pressure to deliver timely, high-quality care. Through this MoU, we are committed to reimagining care delivery by embedding advanced technologies into our hospital care experience.”

Key initiatives under the MoU include co-creating a smart hospital and developing a Hospital Clinical Command Centre. This centre will utilise real-time patient data, predictive analytics, and workflow optimisation to support informed clinical decision-making.

Stephanie Sievers, Managing Director of Philips APAC, commented, “By partnering with KLIH, we’re creating environments where technology gives clinicians time back, enables informed decisions, and drives proactive care.”

This partnership is expected to foster long-term collaboration, paving the way for joint research and development in medical technologies and practices. The initiative aims to set a foundation for a seamlessly connected healthcare ecosystem in Malaysia, enhancing health outcomes for a broader population.

Etiqa has unveiled Project Firefly, an environmental initiative focused on conserving the firefly habitats along Sungai Panjang in Sabak Bernam, Malaysia. This project, launched on 10 January 2026, is a collaboration with the Malaysian Nature Society, Universiti Kebangsaan Malaysia, and the Sabak Bernam District Council. The initiative seeks to bolster the mangrove ecosystem and support the livelihoods of local communities dependent on ecotourism.

Project Firefly involves planting 130 Sonneratia Caseolaris saplings and 200 seeds, restoring habitats, and engaging 50 Etiqa volunteers in a community-driven effort along a 10-kilometre stretch of Sungai Panjang. Additionally, an awareness session by Universiti Kebangsaan Malaysia’s Faculty of Science highlighted the ecological significance of fireflies and the necessity for long-term conservation.

Fireflies serve as vital indicators of mangrove ecosystem health, which is crucial for environmental balance and the prosperity of local communities. However, firefly populations in Malaysia are declining due to habitat loss from pollution, deforestation, and light pollution. Protecting these habitats is essential for preserving biodiversity and sustaining local livelihoods.

Fukhairudin Mohd Yusof, CEO of Etiqa General Insurance Berhad, stated, “By conserving firefly habitats, we are not only protecting an irreplaceable part of Malaysia’s biodiversity but also helping sustain the ecotourism and river-based livelihoods of Sungai Panjang residents.”

IS Shanmugaraj, Executive Director of the Malaysian Nature Society, praised Etiqa’s efforts, emphasising the need for collective action in conservation. The initiative aims to inspire more companies to collaborate with environmental organisations and communities to protect biodiversity and support sustainable livelihoods.

ISF Group Berhad, a leading provider of end-to-end piping solutions, has launched its prospectus for an initial public offering (IPO) on the ACE Market of Bursa Malaysia Securities Berhad. The company aims to raise RM61.15m at an IPO price of RM0.33 per share, with Alliance Islamic Bank Berhad acting as the principal adviser, sponsor, sole underwriter, and placement agent.

The proceeds from the IPO will be allocated to various growth initiatives, including RM11.35m for establishing and expanding operational facilities, RM2.05m for developing existing business activities, and RM1.85m for workforce expansion. Additionally, RM39.90m will be used for working capital, with the remainder allocated to loan repayments and listing expenses.

ISF, through its subsidiary Yeo Plumber Sdn Bhd, specialises in supplying and installing piping systems for various sectors, including industrial, residential, and healthcare. The company has a robust order book of RM120.68m as of 9 December 2025, providing earnings visibility until 2028.

Managing Director Jeff Ai Boon Chen highlighted the company’s growth trajectory, stating, “From our beginnings as a small family business, we have steadily grown into a company with a proven track record in executing large-scale and complex piping projects.”

The IPO involves a public issue of 185.30 million new ordinary shares and an offer for sale of 90.00 million existing shares. Applications for the public issue are open until 14 January 2026, with ISF scheduled to list on 28 January 2026. Upon listing, the company will have a market capitalisation of RM330.00m.

Kenanga Investors Berhad has launched the Kenanga Growth Fund Series 3 (KGFS3), the latest addition to its flagship conventional fund series. The fund is designed to provide capital growth over a medium to long-term investment horizon, employing a dynamic investment strategy that adapts to market conditions. This approach combines top-down asset and sector allocation with bottom-up stock selection.

The fund, which follows the successful Kenanga Growth Fund launched in 2000 and Series 2 in 2018, has already demonstrated consistent performance, with both previous funds surpassing RM1b in assets under management as of November 2025. This achievement underscores Kenanga Investors’ disciplined investment approach and commitment to long-term value creation.

KGFS3 will primarily focus on equities, whilst strategically allocating remaining assets into other classes based on market conditions and growth potential. Lee Sook Yee, Chief Investment Officer of Kenanga Investors, explained, “Our asset allocation decisions are driven by a comprehensive review of macroeconomic trends across global economies.”

The fund is tailored for sophisticated investors with a high-risk tolerance and a medium to long-term investment horizon, aiming for an 8% annual growth benchmark. The minimum initial investment is RM10,000, with subsequent investments starting at RM5,000.