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Multiplier Secures US$35 Mln Series B, Appoints Allen Shim As President And CFO

KUALA LUMPUR, Aug 5 (Bernama) -- Multiplier, a technology company that acquires premium professional services firms, has announced a US$35 million Series B round led by The General Partnership, with participation from Ribbit Capital and Lightspeed Venture Partners. (US$1=RM4.09)

Positive Design Partners CleanHub For Verified Ocean-Bound Plastic Recovery

KUALA LUMPUR, Aug 5 (Bernama) -- Singapore-based retail interior design consultancy, Positive Design has partnered with CleanHub to fund the recovery of 25,000 kilogrammes (kg) of verified ocean-bound plastic across Southeast Asia.

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.

Xsolla Partners GDAP, DTI-EMB To Support Philippine Game Industry

KUALA LUMPUR, Aug 5 (Bernama) -- Xsolla has signed a strategic memorandum of understanding with the Game Developers Association of the Philippines (GDAP) and the Department of Trade and Industry's – Export Marketing Bureau (DTI-EMB) to support the growth of the Philippine video game development ecosystem through mentorship, industry promotion and access to global game commerce solutions.

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.

Cirrus Therapeutics Partners SERI, Duke-NUS For Eye Disease Therapies

KUALA LUMPUR, Aug 5 (Bernama) -- Cirrus Therapeutics has announced a collaboration with Singapore Eye Research Institute (SERI) and Duke-NUS Medical School (Duke-NUS) to advance innovative ophthalmic technologies for the treatment of blinding diseases.

Bursa Malaysia Higher At Midday, Supported By Tech Stocks

KUALA LUMPUR, Aug 5 (Bernama) -- Bursa Malaysia was higher at midday, supported by renewed appetite for technology stocks, in line with most regional market performances.

Shell Takes Final Investment Decision On Malikai Phase 3

KOTA KINABALU, Aug 5 (Bernama) -- Sabah Shell Petroleum Company Ltd (SSPC) has taken the final investment decision (FID) on the third phase of the Malikai deepwater development offshore Sabah, Shell said in a statement today.

eXp Realty Selected As Global Platform By Mexico’s Ronival Real Estate

KUALA LUMPUR, Aug 5 (Bernama) -- Real estate brokerage company, eXp Realty announced that Ronival Real Estate, the leading transaction company in Baja California Sur, Mexico, has selected eXp Realty as its global platform.

EU Businesses Seek High-quality Malaysia-EU FTA To Boost Investment, Trade

KUALA LUMPUR, Aug 5 (Bernama) -- European business leaders are calling for a high-quality Malaysia-European Union (EU) free trade agreement (FTA) that delivers practical commercial outcomes while strengthening long-term investment and cooperation.

Bursa Malaysia Opens Slightly Higher On Wall Street Gains, Hormuz Optimism

KUALA LUMPUR, Aug 5 (Bernama) -- Bursa Malaysia opened slightly higher on Wednesday, tracking overnight gains on Wall Street amid optimism over a possible agreement between the United States (US) and Iran to reopen the Strait of Hormuz, an analyst said.

Ringgit Opens Slightly Higher Versus Greenback Amid Soft US Data

KUALA LUMPUR, Aug 5 (Bernama) -- Ringgit opened slightly higher against the US dollar on Wednesday, supported by weaker-than-expected US economic data that weighed on the greenback.