BHD | Jotup

DKSH Performance Materials Expands its Life Science Business in Malaysia by Acquiring Elite Organic Sdn. Bhd.

Retrieved on:

Wednesday, April 10, 2024

BHD, Acquisition, DKSH, Food, CHF, Fine chemical

DKSH Performance Materials Expands its Life Science Business in Malaysia by Acquiring Elite Organic Sdn.

Key Points:

DKSH Performance Materials Expands its Life Science Business in Malaysia by Acquiring Elite Organic Sdn.
DKSH has today announced to have signed an agreement to acquire Elite Organic Sdn.
This acquisition is a unique opportunity for DKSH to further expand our highly attractive life science business in Asia Pacific.
Thomas Sul and Natale Capri, Co-Heads Business Unit Performance Materials at DKSH, jointly added: “We are very pleased to acquire Elite Organic, which offers a strong product portfolio with excellent growth prospects in Malaysia.

DeepGlint Igniting AI Aspirations amongst Malaysian New Generation

Retrieved on:

Monday, March 25, 2024

Faculty, Computing, BHD, Environment, Assistant, Initiative, Shanghai Stock Exchange, Education, Information technology, Management, TAR, Student

DeepGlint, a frontrunner in AI, computer vision, and big data analysis, showcased the Group's innovative solutions across various domains, including the metaverse, intelligent sports, and traffic management.

Key Points:

DeepGlint, a frontrunner in AI, computer vision, and big data analysis, showcased the Group's innovative solutions across various domains, including the metaverse, intelligent sports, and traffic management.
The event marked a significant step towards strengthening Malaysia's foothold in the global AI landscape, aligning with Malaysia's vision for greater talent exchange with China.
In a pivotal move, DeepGlint also announced the cooperation with a Malaysian AI company, DeepCore Sdn.
Mr. Zhao Yong, Founder and Chief Executive Officer of DeepGlint said, "We are pleased to see so many talents in Malaysia.

Enovix Awarded 15-Year Pioneer Status from Malaysian Investment Development Authority for its High-Volume Manufacturing Facility

Retrieved on:

Wednesday, March 27, 2024

Growth, BHD, MESDAQ, SAT, Student, Workforce, Income tax, AMD, MIDA, Cleanroom, Silicon

FREMONT, Calif., March 27, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), a global high-performance battery company, today announced it has been granted 15-year Pioneer Status from the Malaysian Investment Development Authority (MIDA) for manufacturing its batteries in Malaysia.

Key Points:

FREMONT, Calif., March 27, 2024 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), a global high-performance battery company, today announced it has been granted 15-year Pioneer Status from the Malaysian Investment Development Authority (MIDA) for manufacturing its batteries in Malaysia.
Enovix’s high-volume manufacturing facility, Fab2, is located in the Penang Science Park in Penang, Malaysia.
“Being awarded Pioneer Status is a monumental milestone for Enovix as we become further established in Malaysia and begin to ramp up manufacturing in our Fab2 facility,” said Ajay Marathe, Chief Operating Officer of Enovix Corporation.
With MIDA’s support, I am confident we will scale a sustainable high-volume manufacturing business.”
For more information on Enovix and its battery technology, please visit enovix.com .

Ecommerce Innovator Spresso Secures Initial Series A Funding Led by Funds and Accounts Managed by BlackRock

Retrieved on:

Tuesday, April 9, 2024

Spresso , a leading provider of AI-powered solutions for ecommerce businesses, today announced an initial Series A investment from funds and accounts managed by BlackRock (“BlackRock”).

Key Points:

Spresso , a leading provider of AI-powered solutions for ecommerce businesses, today announced an initial Series A investment from funds and accounts managed by BlackRock (“BlackRock”).
“BlackRock's investment signifies their continued confidence in our vision,” said Jared Yaman, CEO of Spresso.
Commerce Suite : Robust ecommerce platform for building and managing successful online storefronts, ensuring seamless customer experiences.
“We are excited to continue to support the company’s growth through this investment.”
BlackRock first made a strategic investment in Spresso in May 2023.

Alipay+ Connects 2 Million Merchants in Japan as Global Tourists Travel to the Country for Cherry Blossom Season

Retrieved on:

Thursday, March 28, 2024

Powered by Alipay+, transaction volume made by e-wallets and bank apps in Japan jumped over 200% in the first three weeks of March, compared with the same period in 2023.

Key Points:

Powered by Alipay+, transaction volume made by e-wallets and bank apps in Japan jumped over 200% in the first three weeks of March, compared with the same period in 2023.
“By working with these partners, Alipay+ provides global tourists with a seamless digital payment experience that is the same as in their own markets.
PayPay, a leading cashless payment service and partner of Alipay+ in Japan, supports the merchants, facilitating seamless transactions for both locals and tourists alike.
Our partnership with Alipay+ has seen transactions surge sixfold this year, specifically in Japan, a true testament to our dedication to innovative payment solutions.

Ventiva Announces Partnership with Clarion for Mass Production of ICE Electronics Manufacturing Expansion in Malaysia

Retrieved on:

Tuesday, March 19, 2024

Technology, Batteries, Hardware, Consumer Electronics, Certification, Plasma, BHD, International Automotive Task Force, Partnership, ICE, Thermal design power, TDP, Crystal

Ventiva , a leading company in active cooling solutions for electronic devices, today announced its partnership with Crystal Precision (M) Sdn.

Key Points:

Ventiva , a leading company in active cooling solutions for electronic devices, today announced its partnership with Crystal Precision (M) Sdn.
Bhd., a member of Clarion (Malaysia) Group of Companies, to manufacture its unique Ionic Cooling Engine (ICE) technology.
A dedicated production line in Crystal Precision’s 40,000-square-foot factory will be equipped to produce up to four million units per month.
Currently targeted at laptop computers, Ventiva delivers thermal subsystems for up to 30 watts of Thermal Design Power (TDP).

transcosmos and Cyclone Robotics Forge Strategic Alliance to Drive Digital Transformation and Business Process Outsourcing

Retrieved on:

Wednesday, April 3, 2024

Completeness, MOU, Cyclone, BHD, Research, Artificial intelligence, Robotics, Memorandum of understanding, Workforce, 3D printing

TOKYO, April 2, 2024 /PRNewswire-PRWeb/ -- transcosmos a leading provider of business process outsourcing services and Cyclone Robotics International, a trailblazer in cutting-edge robotics technology, are excited to announce a strategic Memorandum of Understanding (MOU). This collaboration marks a significant milestone in fostering innovation and advancing the agenda of digital transformation with leading technologies such as artificial intelligence and hyperautomation.

Key Points:

TOKYO, April 2, 2024 /PRNewswire-PRWeb/ -- transcosmos a leading provider of business process outsourcing services and Cyclone Robotics International, a trailblazer in cutting-edge robotics technology, are excited to announce a strategic Memorandum of Understanding (MOU).
Cyclone Robotics and transcosmos believe that by combining their strengths, they can create groundbreaking solutions that address evolving market demands and challenges.
The MOU between Cyclone Robotics and transcosmos outlines a strategic alliance aimed at exploring synergies in technology projects throughout the two groups.
The MOU between Cyclone Robotics and transcosmos sets the stage for an exciting era of innovation, where the fusion of hyperautomation technology and business process optimization will drive unprecedented advancements.

Soft Space First In The World To Deploy Live MPoC-Certified Solution

Retrieved on:

Wednesday, March 13, 2024

Payment card industry, Conservative Party of Canada, PIN, Algorithm, Function as a service, Annuity, BHD, Visa, Space, VISA, Point of sale, Mastercard, Commercial, Certification, News, Finance, PCI

As a result of this, Fass Payment Solution Sdn Bhd (“Fasspay”), a wholly-owned subsidiary of Soft Space, is the first acquirer in the world to deploy a live MPoC-certified SoftPOS solution.

Key Points:

As a result of this, Fass Payment Solution Sdn Bhd (“Fasspay”), a wholly-owned subsidiary of Soft Space, is the first acquirer in the world to deploy a live MPoC-certified SoftPOS solution.
Solution providers that only have partial certifications will still require end-to-end certification to launch a complete live solution.
Rather than taking a piecemeal approach, Soft Space chose to focus on achieving a complete MPoC Solution certification.
Against this scenario, Soft Space has distinguished itself as the first SoftPOS provider in the world to achieve end-to-end certification.

Soft Space First in the World to Deploy Live MPoC-Certified Solution

Retrieved on:

Tuesday, February 27, 2024

Payment card industry, Conservative Party of Canada, PIN, Algorithm, Function as a service, Annuity, BHD, Visa, Space, VISA, Point of sale, Mastercard, Commercial, Certification, PCI, Online shopping

Awarded by PCI SSC, Soft Space's FasstapTM is the first MPoC-certified SoftPOS solution in the market that supports secure PIN entry.

Key Points:

As a result of this, Fass Payment Solution Sdn Bhd ("Fasspay"), a wholly-owned subsidiary of Soft Space, is the first acquirer in the world to deploy a live MPoC-certified SoftPOS solution.
Solution providers that only have partial certifications will still require end-to-end certification to launch a complete live solution.
"Despite some solution providers having announced partial MPoC certification, they still can't launch a complete live MPoC-certified solution.
Rather than taking a piecemeal approach, Soft Space chose to focus on achieving a complete MPoC Solution certification.

Energem Corp. Announces Shareholder Approval of Business Combination with Graphjet Technology Sdn. Bhd.

Retrieved on:

Wednesday, February 28, 2024

Acquisition, BHD, Security (finance)

Kuala Lumpur, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Energem Corp. (“Energem”) (Nasdaq: ENCP, ENCPW), a publicly-traded special purpose acquisition company, today announced that its shareholders voted to approve the previously announced business combination with Graphjet Technology Sdn. Bhd., a Malaysian private limited company (“Graphjet”), owner of the world’s first and the only patented technology to recycle palm kernel shells, generated in the production of palm seed oil, to produce single layer graphene and artificial graphite for electric vehicle batteries, medical devices, and home appliance, and all other proposals presented at Energem’s extraordinary general meeting held on February 28, 2024.

Key Points:

~ Shareholders of Energem Corp. Approve Business Combination
Kuala Lumpur, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Energem Corp. (“Energem”) (Nasdaq: ENCP, ENCPW), a publicly-traded special purpose acquisition company, today announced that its shareholders voted to approve the previously announced business combination with Graphjet Technology Sdn.
Energem shareholders approved the business combination proposal with 80.162% votes in favor of the approximately 85.083% of Energem votes cast at the meeting.
Energem plans to file the results of the meeting, as tabulated by an independent inspector of elections, on a Form 8-K with the Securities and Exchange Commission (the “SEC”).
Subject to the satisfaction or waiver of the other customary closing conditions, the business combination is expected to close on or about March 6, 2024.