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Malaysia Initiates Anti-Dumping Probe On Coated Steel Imports From China, Taiwan, Vietnam -- MITI

KUALA LUMPUR, Aug 6 (Bernama) -- Malaysia has initiated an anti-dumping duty investigation on imports of flat rolled products of other alloy and non-alloy steel, plated or coated with aluminium and zinc, originating or exported from China, Taiwan and Vietnam (the subject merchandise).

EcoSys Signs Underwriting Agreement With M&A Securities Ahead Of ACE Market IPO

KUALA LUMPUR, Aug 6 (Bernama) -- Industrial solutions provider EcoSys (Malaysia) Bhd has signed an underwriting agreement with M&A Securities Sdn Bhd in preparation for its upcoming listing on the ACE Market of Bursa Malaysia Securities Bhd through an initial public offering (IPO).

Toshiba Unveils Secure Microcontrollers For IoT Devices

KUALA LUMPUR, Aug 6 (Bernama) -- Toshiba Electronic Devices & Storage Corporation (Toshiba) has announced the TXZ+ Family Entry-Class M4V Group, a new series of microcontrollers designed to enhance security and data management in Internet of Things (IoT) devices and industrial equipment.

Govt To Provide Certainty, Private Sector To Drive Investment: Amir Hamzah

KUALA LUMPUR, Aug 6 (Bernama) -- The government’s role is to maintain a credible policy and fiscal framework while using public capital to unlock markets, enabling private capital to play a larger role in driving investment, Minister of Finance II Datuk Seri Amir Hamzah Azizan said.

BAC To Invest US$150 Mln In Nilai Manufacturing Facility

NILAI, Aug 5 (Bernama) -- Sustainable cooling and heat rejection solutions company BAC has begun construction of its new manufacturing facility in Nilai, with a planned investment of US$150 million (US$1=RM4.09) to strengthen its regional manufacturing, engineering, and innovation capabilities while creating up to 200 high-skilled jobs by 2035.

Kanadevia Inova Signs Casablanca Waste-to-Energy Concession 

KUALA LUMPUR, Aug 5 (Bernama) -- Kanadevia Inova AG (Inova) has signed a 33.5-year concession agreement for a waste-to-energy project in Casablanca, Morocco, covering the design, financing, construction and operation of the facility.

Moove Raises US$250 Mln To Scale Autonomous Mobility

KUALA LUMPUR, Aug 5 (Bernama) -- Moove, a global mobility technology company, has raised US$250 million in a Series C funding round that values the company at US$2.1 billion, led by Mubadala Investment Company and co-led by Woven Capital, Toyota’s Growth Fund, and Ion Pacific. (US$1=RM4.09)

KIOXIA GP Series SSD Wins FMS “Best Of Show” Award

KUALA LUMPUR, Aug 5 (Bernama) -- Kioxia Corporation announced that its KIOXIA GP Series PCIe NVMe solid-state drive (SSD) has received the FMS: the Future of Memory and Storage ‘Best of Show’ award in the ‘Specialized Storage’ category.

Horizon Quantum’s Q2 2026 Net Loss Widens To US$115.2 Mln

KUALA LUMPUR, Aug 5 (Bernama) -- Horizon Quantum Holdings Ltd (Horizon Quantum), a pioneer of software infrastructure for quantum applications, reported a net loss of US$115.2 million for the fiscal second quarter ended June 30, 2026 (Q2 2026), compared with a net loss of US$2.9 million a year earlier, mainly due to a non-cash accounting charge related to warrant liabilities. (US$1 = RM4.09)

AlixPartners Acquires Agentic AI Consulting Firm Artium

KUALA LUMPUR, Aug 5 (Bernama) -- AlixPartners has acquired Artium, an agentic artificial intelligence (AI) software consulting firm that develops enterprise AI agents for clients including BNY Mellon, Mayo Clinic and eBay, as the global consulting firm expands its AI capabilities.

Boustead Targets To Grow Revenue To RM30 Bln In 5 Years

GEORGE TOWN, Aug 5 (Bernama) -- Boustead Holdings Bhd (BHB) is targeting to increase group revenue from about RM12 billion currently to RM30 billion within the next five years through a business restructuring that focuses on defence, property development and commercial services.

Govt Eyes Seawater Desalination To Support Industrial Needs - PETRA

KUALA LUMPUR, Aug 4 (Bernama) — The government is exploring the potential of seawater desalination technology as an alternative source to support industries with high water demand, including data centres.