Foreign investment updates about Malaysia
Update (Divestment)
Sanyo Chemical Industry Co., Ltd. (Sanyo Chemical) has announced its decision to withdraw from the superabsorbent polymer (SAP) business, a major component in disposable diapers and other hygiene products. This move marks a significant shift in the company's strategic direction as it seeks to enhance profitability and align
Update
LEM (SIX: LEHN), a leading manufacturer of current and voltage sensors, is making a significant investment in its future with the opening of a new factory in Penang, Malaysia. This expansion reflects the growing global demand for LEM's products, driven by the increasing need for decarbonization across various
Update
Malaysia is welcoming its first-ever Japanese university branch campus. The University of Tsukuba, located northeast of Tokyo, will open its doors in Kuala Lumpur in September 2024. The new campus, called the School of Transdisciplinary Science and Design, aims to equip students with the skills to tackle pressing global issues
Update
Tech giant Microsoft recently acquired a substantial plot of land (over 1 million sq ft) in the Pulai area of Johor, Malaysia, from Crescendo Corporation Berhad (CCB), a local property development firm. While the official purpose hasn't been confirmed, the land restrictions suggest it's likely intended
Update
According to Yondr Group's news release, the leading global developer of hyperscale data centers has successfully energized its first campus in Malaysia. This significant milestone marks a key step towards delivering critical IT capacity to the region. Located in Johor's Sedenak Tech Park, the campus boasts
Update
Neways, a leading innovator in mission-critical technology, has announced the construction of a new state-of-the-art manufacturing facility in Klang, Malaysia. This strategic expansion bolsters Neways' global footprint and service capabilities for its extensive clientele. The facility, expected to open in Q4 2024, is projected to create over 200 new