Industry News
CloudMile and Cradle launch AI master class for startups
CloudMile, a prominent AI solutions provider, in collaboration with Cradle Fund Sdn. Bhd. (Cradle) and supported by Google Cloud, has announced the selection of ten Malaysian startups for their inaugural AI Master Class Programme. This initiative, which runs from 19 September 2025 to 19 February 2026, aims to integrate AI technologies into the business models of these startups, enhancing their efficiency and customer experiences.
The programme is part of a strategic effort to empower Malaysia’s startup ecosystem and aligns with Cradle’s mission to nurture high-potential local ventures. Participants will engage in hands-on sessions to explore practical AI applications, develop blueprints for AI-driven solutions, and formulate actionable integration plans with the support of industry experts.
Lester Leong, CloudMile Malaysia’s country manager, expressed enthusiasm about the programme, stating, “By equipping these startups with practical skills and strategic insights into AI technologies, we are not only helping them build better businesses but also contributing to Malaysia’s digital economy.” Norman Matthieu Vanhaecke, Group CEO of Cradle, highlighted the programme’s importance in strengthening economic competitiveness and positioning Malaysian startups on the global stage.
The AI Master Class Programme underscores CloudMile’s commitment to fostering innovation beyond its core services, as evidenced by its sponsorship of the Cradle LIVE! Startup ASEAN Summit 2025. This initiative is expected to drive technological advancement and inclusive growth across the ASEAN region.
Netskope launches first data centre in Malaysia
Netskope, a leader in cloud and AI security, has inaugurated its first data centre in Kuala Lumpur, Malaysia, and established a local go-to-market team in Indonesia. This expansion aims to bolster performance, data sovereignty, and support for enterprises in both countries, marking a significant step in Netskope’s strategy to enhance its presence in Asia.
The Kuala Lumpur data centre is part of Netskope’s NewEdge network, which now includes 25 data centres across Asia. This facility will accelerate the delivery of Secure Access Service Edge (SASE) and security services to Malaysian organisations, ensuring robust data protection and compliance with local regulations. The new infrastructure allows Malaysian users to maintain high security standards without compromising network performance.
In Indonesia, the deployment of a local team will provide enhanced customer and partner support, focusing on sales, technical enablement, and training. This initiative aligns with Netskope’s global strategy to work closely with local distributors and partners, empowering them to deliver top-tier services.
Ng May Ching, Chief Information Officer of Maxis, expressed enthusiasm about the new data centre, stating, “By leveraging Netskope’s platform, we have strengthened our data protection capabilities.” Similarly, Sivanathan Subramaniam, Group Chief Risk & Compliance Officer at CTOS Digital Bhd, highlighted the importance of the data centre in supporting data sovereignty and compliance.
Kunal Jha, Regional Director for Asia at Netskope, emphasised the company’s commitment to delivering excellent local support, stating, “These deployments are reinforcing our commitment to delivering excellent local support and service delivery to current and future users in Indonesia and Malaysia.”
Netskope’s expansion reflects its dedication to providing modern security and networking capabilities, crucial for accelerating digital transformation in the region.
Red Bull Malaysia renews partnership with racing teams
Red Bull Malaysia has renewed its partnership with 31 Racing, Maju Motor, and CKJ Racing following the conclusion of the 2025 PETRONAS MAM Malaysian Cub Prix Championship. The announcement was made during an exclusive appreciation night held to honour the teams’ outstanding performances throughout the season. The event also marked the introduction of Red Bull Zero, a new zero-sugar energy drink.
The renewal of the partnership for the 2026 season underscores Red Bull’s ongoing commitment to fostering local motorsport talent. Adelene Tay, Head of Marketing at TCP Red Bull Malaysia, stated, “Season after season, we have seen these riders’ passion, grit, and determination on full display, and it is a powerful reminder of why we remain committed to celebrating the spirit of motorcycle racing in Malaysia.”
During the appreciation night, Red Bull Malaysia presented gifts to team owners Che Ku Jonaidi, K Sivanesan, and Yong Yin Hoe, recognising their leadership and dedication. The event also celebrated the mechanics, engineers, and support crews who play crucial roles in the teams’ success.
In addition to renewing its partnerships, Red Bull Malaysia introduced Red Bull Zero, a zero-sugar beverage designed to provide the same energy boost as the original. Available in 250ml cans, Red Bull Zero will be sold at major supermarkets and convenience stores, priced from $0.66 (RM3.10) per can.
As the 2026 season approaches, Red Bull Malaysia remains dedicated to energising and supporting the next generation of Malaysian riders, ensuring the continued growth and success of the country’s motorsport scene.
SEAX Global acquires major stake in Interlink Telecom
SEAX Global, a leading wholesale connectivity provider in Southeast Asia, has announced the acquisition of a major stake in Interlink Telecom Public Company Limited, a prominent Thai fixed network telecommunications provider. This strategic move, revealed on 13 December 2025, aims to bolster SEAX’s presence across Malaysia, Singapore, Indonesia, and now Thailand, by integrating Interlink’s nationwide fibre network with SEAX’s existing subsea and terrestrial networks.
The acquisition is set to create a fully integrated regional connectivity platform, offering seamless, low-latency connectivity that supports the expanding digital economy in the ASEAN region. SEAX’s Group CEO, Louis Teng, highlighted the partnership’s potential, stating, “By bringing together our regional networks with ITEL’s deep local expertise in Thailand, we’re creating a powerful, customer-focused platform that can keep pace with the rapid digital transformation underway in ASEAN.”
Interlink Telecom will continue to manage operations within Thailand through its new subsidiary, ITEL Global, which will serve both local and global clientele. This collaboration aims to deliver a network footprint with improved reliability and customer-centric services throughout Southeast Asia.
The acquisition comes as Southeast Asia’s digital economy is projected to grow significantly, driven by increased digital adoption and expanding services such as cloud computing and online payments. This growth underscores the demand for reliable fibre connectivity and cross-border data solutions, which SEAX and Interlink aim to address through their combined efforts.
SEAX Global, established in 2013, specialises in submarine and terrestrial cable systems, providing high-performance connectivity across the region. The company, owned by Forbes Asia Billionaire Dato’ Dr. Low Tuck Kwong’s family, holds operational licences in Malaysia, Singapore, and Indonesia, allowing it to build and operate private fixed networks for enterprise use.
Halogen Capital secures RM13.3m for digital asset growth
Halogen Capital, Malaysia’s pioneering licensed digital asset fund manager, has successfully completed a RM13.3m (US$3.2m) funding round. The round was led by Kenanga Investment Bank Berhad, Malaysia’s leading independent investment bank, and 500 Global, a prominent venture capital firm. This investment aims to bolster Halogen Capital’s Real-World Asset (RWA) tokenisation strategy, expanding access to traditionally exclusive investment opportunities.
The funding, facilitated through Kenanga’s subsidiary, Kenanga Private Equity, will support Halogen Capital’s efforts to tokenise assets such as unit trust funds, bonds, sukuk, private credit, and real estate. This initiative seeks to democratise investment opportunities, traditionally reserved for institutional and high-net-worth investors, by leveraging blockchain technology and digital asset fund management.
Datuk Chay Wai Leong, Group Managing Director of Kenanga Investment Bank, stated, “Our investment in Halogen Capital, alongside our other digital-first ventures, reflects our belief in a future of finance defined by innovation, governance, and transparency.” He emphasised the role of blockchain and tokenisation in redefining capital market engagement.
Liew Ooi Hann, Founder and CEO of Halogen Capital, highlighted the growing recognition of digital assets in global capital markets, noting that institutional participation is increasing, with over RM744b (US$181b) held in corporate crypto treasuries. “With the backing of leading investors, we are well-positioned to accelerate product innovation and expand access to institutional-grade digital asset investments,” he added.
Since its inception in 2023, Halogen Capital has grown its assets under management to approximately RM400m as of November 2025, serving a diverse investor base. The collaboration with Kenanga aims to introduce new digital asset investment products and enhance access to crypto yield generation and tokenised securities, aligning with regulatory standards set by the Securities Commission Malaysia.
Semico Capital Berhad launches RM23.2m IPO
Semico Capital Berhad has unveiled its prospectus for a RM23.2m initial public offering (IPO) on the ACE Market of Bursa Malaysia Securities. The company, a key player in family entertainment and toy distribution, plans to use the funds to expand its arcade and amusement machine business and broaden its toy and collectables portfolio.
The IPO will issue 92.7 million new shares, representing 25.7% of the company’s enlarged share capital, with an additional 18 million existing shares offered for sale. Upon listing, Semico Capital’s market capitalisation is expected to reach RM90m, based on an IPO price of RM0.25 per share.
Executive Director and CEO Tai Lee Chuen highlighted the significance of this milestone, stating, “The prospectus launch today is a very meaningful moment for us. It reflects how far we have come and the potential that lies ahead.” The company, which began as a small trading business, now distributes over 60 toy brands across Malaysia.
The IPO proceeds will be allocated to purchasing new arcade machines, replacing older units, acquiring new toy brands, repaying bank borrowings, and covering listing expenses. This strategic move comes as the family entertainment market in Malaysia is projected to grow to RM1.9b by 2029, with a CAGR of 10.2%, according to Protégé Associates.
Applications for the public issue are open until 2 January 2026, with the listing scheduled for 13 January 2026. Affin Hwang Investment Bank Berhad is the principal adviser for the IPO.
OneOne partners with CoffeeBot to boost user engagement in Malaysia
OneOne, a prominent Southeast Asian fintech and digital engagement company, has announced a strategic partnership with CoffeeBot Malaysia, the country’s largest smart coffee vending network. This collaboration aims to enhance on-ground user engagement by offering digital rewards, gaming perks, and lifestyle benefits through CoffeeBot’s vending machines located at key sites such as MRT stations and university campuses across Malaysia.
The partnership involves the display of OneOne’s promotional videos on 30 selected CoffeeBot vending machines, ensuring high visibility and interaction with thousands of commuters and students daily. Jasmine Lee, Chief Business Officer at ONEVERSE, stated, “This collaboration enhances our ability to reach users where it matters most, on the ground. By merging digital rewards with everyday convenience, we’re creating a seamless experience that brings value to both gamers and coffee lovers.”
Users can enjoy exclusive rewards by scanning the OneOne QR code on participating CoffeeBot machines. The reward mechanics include:
– Day 1: 20% off any CoffeeBot beverage and a Ragnarok Twilight in-game pack worth $10.50 (RM49.90).
– Day 2: 40% off any CoffeeBot beverage and 8 OneOne Credits (OOC).
– Day 3: 60% off any CoffeeBot beverage and 10 OneOne Credits (OOC).
This initiative is designed to encourage daily engagement and integrate lifestyle habits with digital reward ecosystems. The full list of participating vending machines is available on the campaign page.
CoffeeBot Malaysia expressed enthusiasm for the partnership, stating, “We’re pleased to collaborate with OneOne in offering rewards that meaningfully enhance user experience. This partnership allows us to bring something extra to our customers beyond just great coffee.”
This collaboration highlights OneOne’s commitment to creating a unified digital-lifestyle ecosystem, leveraging CoffeeBot’s extensive presence to transform everyday interactions into rewarding experiences.
Comfee Gusto offers smart cooling for young Malaysians
Comfee, renowned as Germany’s top air conditioner brand, has launched its latest product, the Comfee Gusto, aimed at young consumers in Malaysia. With the increasing pressure on young Malaysians to set up new homes or upgrade existing ones, there is a growing demand for modern, high-quality, and affordable appliances. Comfee Gusto addresses this need by offering air conditioners that combine advanced functionality with excellent value, enhancing everyday comfort and efficiency.
The Comfee Gusto is designed with the philosophy of “cooling smart with style,” integrating sleek modern aesthetics with intelligent features. This approach aligns with the core values of the younger generation, focusing on efficiency, convenience, and value. The brand aims to provide solutions that not only meet the functional needs of young consumers but also resonate with their lifestyle aspirations.
Comfee’s entry into the Malaysian market is significant as it caters to a demographic that prioritises smart and stylish home solutions. The Gusto model is expected to become a popular choice for those looking to upgrade their living spaces with appliances that offer both performance and aesthetic appeal.
As the demand for smarter home solutions continues to rise, Comfee’s Gusto air conditioner positions itself as a must-consider option for young Malaysians seeking to enhance their home environment.
AWC secures RM42.3m data centre contract
AWC Berhad, a leading engineering services group, has been awarded a RM42.3m contract by Gamuda Engineering for a hyperscale data centre project at Eco Business Park V in Puncak Alam, Selangor. The contract, managed by AWC’s subsidiary Qudotech, involves cold water, rainwater harvesting, and sanitary system works, starting on 8 December 2025 and concluding by 1 September 2027.
This marks the second data centre project AWC has secured from Gamuda, following the successful completion of their first project last month. The Group’s CEO, Ahmad Kabeer bin Mohamed Nagoor, expressed confidence in their ability to deliver on schedule, noting the contract’s size is more than double that of their previous project. “We appreciate the continued confidence shown by Gamuda,” he stated.
AWC’s cumulative job wins for FY26 have surpassed RM424m, highlighting the company’s robust growth and promising outlook. The Group’s order book stood at RM528m as of September 2025, excluding seven additional contracts worth RM412.3m secured after that date.
AWC Berhad, headquartered in Subang Jaya, operates across four key divisions: facilities management, environment, engineering, and rail. The company is well-positioned in Malaysia’s burgeoning data centre sector, which is still in its early development stages. With a healthy order book and favourable industry conditions, AWC anticipates continued success in the coming years.
Sunway Square Mall opens in Kuala Lumpur
Sunway Square Mall has officially opened its doors in Sunway City Kuala Lumpur, marking a new era for the community with its expansive 320,000 square feet, four-level pet-friendly space. The mall features over 130 shops, including anchor tenants that cater to a variety of needs, and is set to become a vibrant hub for shopping, dining, and leisure activities.
The opening celebration is in full swing, offering visitors exclusive promotions, spend and redeem opportunities, and free parking. The mall aims to be more than just a shopping destination; it is designed to be the heart of the Sunway Square development and the larger Sunway City Kuala Lumpur, providing a space for the community to connect and create lasting memories.
HC Chan, CEO of Sunway Malls, stated, “With 95% of shops open, Sunway Square Mall continues our brand experience. This mall is part of a visionary development designed to integrate multifunctional spaces for arts, commerce, education, and business.”
Visitors can explore a variety of offerings, from fresh produce at Village Grocer to ballet classes at Tutu Toe Dance Academy, and even rock climbing at BUMP Bouldering. The Library by BookXcess, open 24/7, offers a space for reading and socialising, particularly for students from the nearby Sunway University.
The mall also introduces Squarrel, a mascot designed by local comic artist Ernest Ng, symbolising community spirit and creativity. The interior design reflects artistic themes, with features like a Spanish staircase and steel archways, and showcases sculptures by resident artist Infantino Fernandes.
Sunway Square Mall is strategically located within the “15-minute city” plan of Sunway City Kuala Lumpur, easily accessible via Canopy Walk and the Bus Rapid Transit system. The mall’s opening heralds a new chapter for the community, offering a fully integrated lifestyle centre.
Join The Community
Thought Leadership Centre
Allianz expands Orang Asli program, impacts 1,318 villagers
GAR, Arkadiah tackle flawed forest carbon metrics
Brunei, Singapore probe agri-tech zone feasibility
WTK Holdings obtains shareholder approval for plantation expansion
Olam Agri earns Top Employer 2026 recognition
Olam Group progresses in ARISE P&L stake sale
SDAI partners with Hubei Qiai to enter global mugwort market
Onnu partners with Agrotech for carbon removal in Malaysia
Farm Price boosts Singapore revenue by over 30%
RSPO and partners boost Malaysian smallholders


Join The Community
NEWSFLASH
x Studio
Connect with your clients by working with our in-house brand studio, using our expertise and media reach to help you create and craft your message in video and podcast, native content and whitepapers, webinars and event formats.








