01F Group invests in DANA, terms undisclosed
01F Group has made an investment in DANA, the Indonesian digital-financial company, in a move the investor says reflects long-term confidence in Asia’s fintech market. The companies did not
Southeast Asia Connect
News
Named and dated developments across Southeast Asia.
LB Group breaks ground on RM1bn Kedah advanced-materials facility
LB Group has held a groundbreaking ceremony for its Malaysian subsidiary’s advanced-materials facility at Gurun Heavy Industrial Park in Kedah. The project represents a planned RM1 billion investment and is
CorefloX begins operations at Johor liquid-cooling manufacturing facility
CorefloX has commenced operations at a manufacturing facility in Johor Bahru, Malaysia, adding manufacturing, system-integration, testing and validation capacity for secondary-side liquid-cooling systems used in data-centre and AI-
Samsung Electro-Mechanics Vietnam announces asset acquisition for substrate capacity
Samsung Electro-Mechanics Vietnam has decided to acquire tangible assets for package-substrate capacity expansion, as reported across multiple media outlets citing the company’s public disclosure. The announced asset acquisition concerns
Hap Seng discloses conditional offer for Hafary stake
Hap Seng Consolidated has disclosed that its wholly owned subsidiary accepted a conditional offer involving its stake in Hafary Holdings. The company’s 28 September investor-relations announcement identifies 218.79 million
Luckin Coffee marks 100 stores in Singapore
Luckin Coffee says it has opened its 100th store in Singapore, a footprint milestone that puts another marker on the city-state's dense, fast-moving coffee retail market. The company
CapitaLand and ALP break ground on S$260m automation-ready Singapore logistics facility
CapitaLand Investment and Ally Logistic Property have broken ground on OMEGA 1 Singapore, a S$260 million automation-ready logistics development at Gul Lane in Singapore’s western industrial corridor. The five-
Gene Solutions publishes early AI signals from routine NIPT data
Gene Solutions has published research on whether patterns in routine first-trimester non-invasive prenatal testing data can help identify signals associated with spontaneous preterm birth. The study, published in AJOG Global
Tacta opens Singapore facility to manufacture tactile-capture hardware for industrial robotics
Tacta Systems has opened an office and production facility in Woodlands, Singapore, where it will initially produce the Tacta Glove used in the company’s robotics skill-capture system. The company announced
MetaOptics begins OTCQX trading for Singapore semiconductor-optics investors
MetaOptics, a Singapore-listed semiconductor-optics company, began trading on the OTCQX Best Market on 25 September under the symbols MEAOF and MOTLY, according to OTC Markets. The move upgrades the company
Indonesia payments provider DOKU plans regional merchant links with Antom
Antom, Ant International’s merchant-payment business, has deepened its investment as DOKU appoints Himelda Renuat CEO and outlines closer regional gateway work with 2C2P.
NUSX launches AI patent-commercialisation engine as it builds global outpost network
NUSX has launched Nova, an AI tool for patent-commercialisation assessment, alongside a global outpost plan.