Analysis
The potential tie-up would include collaborating on cloud infrastructure.
Editor's take: The week that was — Dec 4-9
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People
The Securities Commission is planning amendments to the Capital Markets and Services Act (CMSA).
Over 67% of venture capital in the country has come from government sources.
Venture Capital
Qarbotech’s round included innovation grants from Temasek Foundation and Khazanah’s Dana Impak.
Deals
Maersk intends to scale up its warehousing and distribution in the region by up to 50%.
Both properties are purpose-built workers’ accommodation situated on freehold land in Penang & Johor.
The past week saw several fundraisings and deals in the climate sector.
IHH is in the midst of reviewing its strategy for China where its operations are currently loss-making.
Maxis Berhad, CelcomDigi, Telekom Malaysia, U Mobile and YTL will take up to 70% equity in DNB.
GXBank is also planning to launch a credit card in partnership with Maybank.