Investment

Finexus Group to invest in a US$2.38mil fintech R&D centre in Penang’s CD2@George Town
Investing over 5 years, collaboration with local fintechs and digital companies Digital Penang targets 50 investors to CD2@George Town, 2k high income jobs  
Kenanga launches AI driven robo-advisor for M'sians
Kenanga Investment Bank Berhad has launched Kenanga Digital Investing, the market’s latest fully automated AI driven robo-advisor designed to simplify how Malaysians save and invest.
Iskandar Investment opens drone test site to advance ecocsystem
Iskandar Investment Berhad (IIB) has opened a Drone Test Site (DTS) here in Medini, what it claims to be the largest in Malaysia and South East Asia.
Aerodyne Group Makes Strategic Investment in Leading Malaysian AI & analytics firm, Synapse Innovation
  Investment will power Synapse from 30 to 500 AI engineers within 3 years Firms up Aerodyne’s position for international public listing in next few years   Aerodyne Group, a Malaysia-headquartered international DT3 (Drone Tech, Data Tech, and Digital Transformation) solutions provider has signed an agreement to acquire a principal stake in Malaysia-based AI and Data Analytics company, Synapse Innovation Sdn Bhd.
Intel’s US$7 bil Penang investment will compel Malaysia's semiconductor ecosystem to level up
Initial US$320k investment [in late 70’s] grew to US$5.9 bil, and now add US$7 bil  Ecosystem step up to match tech investment will enhance value chain participation 
Hong Leong Islamic Bank launches Malaysia’s first digital restricted investment account
Hong Leong Islamic Bank has expanded its digital Islamic wealth management ecosystem with the introduction of the first-in-market digital restricted investment account, Portfolio Investment Account.
Sompo Group’s startup strategy to digital transformation
Investment in Cover Genius to expand its embedded insurance market Help accelerate digital transformation & agility, create new business models  
CREST creates chemistry for meaningful industry-academia collaboration
Where others talk about industry-academia ties, CREST actually delivers Relevance heightened with news of Intel’s new US$7.1bn Penang chip plant
Lam Research strengthens global manufacturing network with largest manufacturing facility in Malaysia
Company exceeds initial estimates on facility size and local hiring to meet rising demand Among the first of top global wafer fab equipment makers to set up facility in Penang
Emtek Group makes US$375mil investment into Grab Indonesia, both aim to be key driver to accelerate digital adoption
Accelerate digital transformation for MSMEs in Tier 2 and Tier 3 cities 1st initiative an accelerator for MSMEs with solutions by Bukalapak & Grab
Download Digerati50 2020-2021 PDF

Digerati50 2020-2021

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