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Partnership links capital, policy and regional expertise to strengthen Malaysia’s competitiveness and support local enterprise expansion

Kuala Lumpur, 23 October 2025 – The Malaysian Investment Development Authority (MIDA) and CIMB Bank Berhad (CIMB or the Bank) have formalised a strategic partnership through a Memorandum of Understanding (MoU) to accelerate high value, sustainable investments, deepen industrial ecosystems, and enhance Malaysia’s competitiveness.

The collaboration creates a strategic bridge linking Malaysia’s national investment priorities with CIMB’s regional financial network. Together, the partnership will drive capital mobilisation that supports technology adoption, supply chain resilience, and sustainable enterprise growth.

Through this MoU, MIDA and CIMB will design a series of investment-focused programmes that go beyond traditional promotion — enabling investors and businesses to access tailored financial solutions, cross-border advisory, and sustainable financing frameworks. The collaboration will also promote cross border business expansion, supporting Malaysian companies to build presence in new markets and integrate into regional value chains.

CIMB will leverage its Wholesale Banking and Commercial & Transaction Banking expertise to deliver end-to-end support for both foreign and domestic investors, particularly in high-impact sectors. Through its comprehensive financing ecosystem, CIMB will help local SMEs scale into regional supply chains, participate in high-value industrial activities, and meet ESG and green-transition goals.

The collaboration will also include data insights, publications, and knowledge sharing to strengthen policy developments and enrich investor engagement. Both organisations will coordinate co-branding and outreach across digital and investor platforms to further amplify Malaysia’s position as a trusted, forward-looking investment destination.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of MIDA, expressed confidence in the partnership, “This collaboration with CIMB marks a decisive move to elevate Malaysia’s ecosystem and accelerate the delivery of high-impact projects. MIDA’s strong track record in securing strategic investments across key sectors serves as a platform for this partnership to translate opportunities into tangible outcomes. By combining our investor relationships and sector expertise with CIMB’s financial connectivity and sustainability focus, we are broadening the channels for quality investments that empower Malaysian businesses and strengthen regional linkages. Together, we are reinforcing Malaysia’s standing as a trusted and forward-looking destination for strategic and sustainable investments.”

Gurdip Singh Sidhu, Chief Executive Officer of CIMB Malaysia and CIMB Bank Berhad, said “As a vital partner for trade and investment across ASEAN, CIMB is focused to position Malaysia as a leading premier destination for both foreign and domestic investments. This collaboration with MIDA underscores our strong alignment with the Government’s focus of driving high quality, sustainable inflows that create
tangible economic value, including innovation, job creation and supply chain development. Leveraging our extensive regional network and financial expertise, we will accelerate cross-border connectivity and catalyse strategic investments that enhance the country’s long-term growth, resilience, and global competitiveness.”

CIMB actively champions high-impact initiatives, particularly those aimed at growing FDI and DDI. Earlier this year, the Bank announced a RM10 billion funding commitment over a three-year period (2025-2027) to accelerate economic integration and unlock cross-border business opportunities within the Johor–Singapore Special Economic Zone (“JS-SEZ”). The programme aims to drive investment flows and facilitate market access for corporate clients and small and medium-sized enterprises. Since the announcement, CIMB has already deployed more than 30% of the commitment – a strong indicator of the programme’s early traction. Complementing this, CIMB has also introduced the ASEAN Financial Passport and set up six dedicated branches in Johor to provide businesses with a seamless cross-border onboarding and banking experience.

From left to right-Ms. Denise Wong Chin Wuen, Head of Corporate and Public Sector Coverage, CIMB; Mr. Gurdip Singh Sidhu, CEO, CIMB Bank Berhad; Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO, MIDA; and Mr. Faizal Jalaludin, Executive Director, Investment Promotion, MIDA.

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About MIDA

The Malaysian Investment Development Authority (MIDA) is the government’s principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 21 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit www.mida.gov.my and follow us on X, Instagram, Facebook, LinkedIn, TikTok and YouTube channel.

About CIMB
CIMB is one of ASEAN’s leading banking groups and Malaysia’s second largest financial services provider, by assets. Listed on Bursa Malaysia via CIMB Group Holdings Berhad, it had a market capitalisation of approximately RM73.0 billion as at 30 June 2025. It offers consumer banking, commercial banking, wholesale banking, transaction banking, Islamic banking and asset management products and services.
Headquartered in Kuala Lumpur, the Group is present across ASEAN in Malaysia, Indonesia, Singapore, Thailand, Cambodia, Vietnam and Philippines. Beyond ASEAN, the Group has market presence in China, Hong Kong and UK. CIMB has one of the most extensive retail branch networks in ASEAN with 571 branches and over 33,000 employees as at 30 June 2025. CIMB’s investment banking arm is one of
the largest Asia Pacific-based investment banks, which together with its award-winning treasury & markets and corporate banking units comprise the Group’s leading wholesale banking franchise. CIMB is also the 92.5% shareholder of Bank CIMB Niaga in Indonesia, and 94.8% shareholder of CIMB Thai in Thailand.

For media enquiries, please contact:

MIDA
Mr. Awangku Fiarulnazri Awang Tajudin
Head of Section,
Corporate Strategy and Revenue Management Section
Tel: +603-2267 6682
Email: [email protected]

CIMB
Anis Azharuddin / Kelvin Jude Muthu
Group Corporate Communications
CIMB Group Holdings Berhad
Email: [email protected] / [email protected]

MIDA and CIMB Collaborate to Drive Sustainable Growth and Malaysia’s Next Investment Wave

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RM7.3 billion in potential green investments generated through strategic business matching sessions
Strategic partnership with Maybank to accelerate green financing and sustainable investments
Biz Bridge business matching initiative connects global data centres, renewable energy players, and sustainable manufacturers

Kuala Lumpur, 21 October 2025 — In the global race for green capital, Malaysia has emerged as Southeast Asia’s most compelling turnaround story. The Malaysian Investment Development Authority (MIDA)’s strategic initiatives at IGEM 2025 signal a nation hitting its stride: RM7.3 billion in potential investments, 38 high-stakes business matchmaking sessions, and a game-changing alliance with Maybank that could reshape the region’s clean energy landscape.

**Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, MIDA CEO**

“IGEM 2025 marks a pivotal moment in Malaysia’s economic transformation,” states Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, MIDA’s Chief Executive Officer. “The MADANI Economy Framework, the New Industrial Master Plan 2030, the National Energy Transition Roadmap, and the Green Investment Strategy – they’re Malaysia’s blueprint for capturing the USD1 trillion Asian green economy. The RM7.3 billion potential green investments we’ve generated demonstrates that global capital recognises what we’re building: a sustainable industrial ecosystem that creates value for investors while delivering prosperity for all Malaysians. This is how we turn net-zero ambitions into net-positive growth.”

Strategic Partnerships Drive Green Momentum

MIDA’s Biz Bridge initiative, co-organised with the Malaysian Photovoltaic and Sustainable Energy Industry Association (MPSEA), proved instrumental in connecting green energy suppliers and demand offtakers. The platform facilitated meaningful connections between 15 demand-side and 14 supply-side participants, creating a robust marketplace for renewable energy generation and sustainable industrial development.

Mr. Ir. Justin Sim, President of MPSEA, highlighted the importance of such partnerships, remarked, “As Malaysia and the region advance towards a clean energy transition, collaboration is key. Biz Bridge provides a valuable platform for industry players to forge partnerships that accelerate the deployment of green technologies, attract sustainable investments, and position Malaysia as a leading clean energy hub in ASEAN.”

Maybank Partnership Unlocks Green Financing

Reinforcing its role as the nation’s principal investment promotion agency, MIDA has formalised a Memorandum of Understanding (MoU) with Malayan Banking Berhad (Maybank) to promote Malaysia as a preferred destination for high-value and sustainable investments. This collaboration leverages both organisations’ networks, expertise, and resources to attract quality investments that advance the adoption of green technology, ESG practices, and Industry 4.0 solutions.

Comprehensive Investor Support Through MIDA

Running throughout IGEM 2025, MIDA displayed its role and functions to potential green investors through the following pillars:

Green Investment Strategy aligned with the National Green Policies such as NETR & NIMP2030
Green investment promotion under the Green Investment Strategy (GIS) for seven strategic levers
Green Investment Incentives such as Green Investment Tax Allowance (GITA) & Green Income Tax Exemption (GITE)
Facilitation of investors through a seamless investor journey

Looking Ahead: Accelerating Green Transformation

The RM7.3 billion proposed green technology investments represent just the beginning of Malaysia’s green economic transformation. With data centres seeking sustainable power solutions, manufacturers requiring clean energy for ESG compliance, and global corporations establishing regional green hubs, Malaysia is poised to become the premier hub of green energy.

***The End***

About MIDA

The Malaysian Investment Development Authority (MIDA) is the Government’s principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 21 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit www.mida.gov.my and follow us on X, Instagram, Facebook, LinkedIn, TikTok and YouTube channel.

For media enquiries, please contact:

Mr. Nelson a/l Samuel Wilson
Director of Green Technology Division
Malaysian Investment Development Authority (MIDA)
Email: [email protected] | DL: +603-2267 3635

APPENDIX

Mr. Ten Wee Seong, CEO, Seri Pajam Development Group / SPD Tech Valley

“We’re honoured to join the Biz Bridge Business Matching event by MIDA and MPSEA, which creates a valuable platform to connect green energy demand with real, sustainable solutions. At SPD Tech Valley, we share the same vision — driving Malaysia’s transition towards a low-carbon future through smart, sustainable, and ESG-driven industrial development.

As Southeast Asia’s first LEED Gold–certified smart industrial park, and with GreenRE-certified detached factories, we’re committed to enabling investors to operate responsibly while gaining a competitive edge in global export markets that prioritise green compliance and clean energy.”

Mr. SK Lew, Managing Director of Northern Solar

“We applaud MIDA’s proactive initiatives like the Biz Bridge platform, which foster meaningful collaborations between industry players and investors. As a public-listed full turnkey EPCC and IPP, Northern Solar is proud to work alongside MIDA to accelerate solar adoption and contribute to Malaysia’s NETR ambitions through reliable, innovative, and sustainable energy solutions.”

MIDA Secures RM7.3 Billion Potential Green Investments at IGEM 2025, Positioning Malaysia As Southeast Asia’s Clean Energy Hub

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Kuala Lumpur, 16 October 2025-The Malaysian Investment Development Authority (MIDA), the nation’s principal investment promotion agency, and Maybank, Malaysia’s largest bank, have formalised a strategic partnership through a Memorandum of Understanding (MOU) to jointly promote Malaysia as a premier global investment destination. Under this collaboration, MIDA will harness its investment facilitation expertise and policy coordination role, while Maybank will leverage its financial advisory experience and regional reach to channel both domestic and foreign capital into Malaysia’s high growth sectors.

The MOU exchange was witnessed by YB Datuk Seri Johari Abdul Ghani, Minister of Plantation Industries and Commodities, and Acting Minister of Natural Resources and Environmental Sustainability, during the International Greentech & Eco Products Exhibition & Conference Malaysia (IGEM) 2025 at the Kuala Lumpur Convention Centre.

Together, MIDA and Maybank will lead a series of targeted promotional programmes – including investment missions, business roundtables, and strategic marketing campaigns to attract high-value and transformative investments to Malaysia. Focus areas include the electrical and electronics (E&E) industry, digital economy, electric vehicle (EV) ecosystem, healthcare, and petrochemical.

These initiatives are aligned with national frameworks such as the New Industrial Master Plan 2030 (NIMP), National Energy Transition Roadmap (NETR), National Semiconductor Strategy (NSS), New Investment Incentive Framework (NIIF), and Green Investment Strategy (GIS), as well as state-level developments including the Johor-Singapore Special Economic Zone (JS-SEZ).

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of MIDA, said, “Financial institutions are the connective tissue between capital and opportunity. Maybank’s deep roots in ASEAN and its strong global presence make it an ideal partner to position Malaysia not just as a destination for investment, but as a launchpad for regional expansion. Through this partnership, MIDA will continue to provide end-to-end facilitation – from regulatory guidance to aftercare support – helping investors establish. scale and succeed with confidence in Malaysia. Together, we aim to deliver what investors value most: stability, connectivity, and a clear path to growth.”

Dato’ Sri Khairussaleh Ramli, President and Group Chief Executive Officer of Maybank said, “The MOU signing between Maybank and MIDA is timely, coming on the heels of Budget 2026 which sets the stage for attracting investments to achieve key economic targets under the 13th Malaysia Plan.”

Dato’ Sri Khairussaleh added, “As Malaysia’s largest bank and a leading institution in ASEAN that serves a wide spectrum of clients, we are more than a lender. Through our partnership with MIDA, we also aim to position Malaysia as a global Halal economy leader, to drive sustainability and strengthen the domestic ecosystem by connecting SMEs to global supply chains and opportunities in AI and the new economy.”

This MOU underscores a shared commitment to enhancing Malaysia’s global competitiveness and contributing to ASEAN’s economic resilience and sustainable growth.

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About MIDA

About Maybank
Maybank is among Asia’s leading financial groups and Southeast Asia’s fourth largest bank by asset with close to 44,000 employees worldwide. The Group has an international network of 2,600 offices in 18 countries including all 10 ASEAN markets and also present in international financial centres such as London, New York, Hong Kong and Dubai. With a purpose of Humanising Financial Services and guided by its M25+ strategy, Maybank provides an array of values-based solutions established on sustainable and ethical principles to meet its customers evolving needs. This extensive range of products and services, include consumer and corporate banking, investment banking, Islamic banking, stockbroking, insurance and takaful, wealth management and asset management. (www.maybank.com)

For media enquiries, please contact:
MIDA
Mr. Awangku Fiarulnazri Awang Tajudin
Head of Section,
Corporate Strategy and Revenue
Management Section
Tel: +603-2267 6682
Email: [email protected]

Maybank
Group Corporate Affairs
Ms. Izlyn Ramli
Mobile: +60 19 200 0248
[email protected]

Group Global Banking
Ms. Noelle Lim
Mobile: +65 9233 4794
[email protected]

MIDA And Maybank Join Forces To Position Malaysia As A Global Investment Hub

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Osaka, Japan, 14 October 2025-The Malaysian Investment Development Authority (MIDA) and the Japan External Trade Organisation (JETRO) signed a three-year Memorandum of Cooperation (MoC) yesterday, marking the final day of Expo 2025 Osaka. The agreement establishes enhanced mechanisms for bilateral investment promotion at a time when both countries are strengthening their economic strategies around sustainability and supply chain resilience.

Over the six-month duration of Expo 2025, MIDA secured RM12.79 billion in Japanese-led investment leads across semiconductors, renewable energy, medical devices, and advanced manufacturing—sectors that align with Malaysia’s New Industrial Master Plan (NIMP) 2030 and Japan’s Green Transformation (GX) and Digital Transformation (DX) initiatives. The MoC provides the institutional architecture to convert such interest into operational projects.

Areas of Cooperation

Under the framework, MIDA and JETRO commit to facilitating investment promotion missions, strengthening company linkages between two countries enterprises, providing mutual market entry support, exchanging intelligence on emerging sectors, and deepening collaboration on projects initiated at Expo 2025 Osaka.

The agreement, while non-binding, carries practical significance. It designates both agencies as single points of contact for businesses navigating cross-border investment, addresses a recurring complaint from investors about regulatory opacity, and signals policy continuity that Japanese corporations are known for long investment horizons.

Strategic Alignment

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of MIDA, at the signing ceremony, said “The Expo results particularly the RM12.79 billion investment-leads generated happened because the national strategies between Malaysia and Japan align. Japan’s GX and DX initiatives complement perfectly with our Malaysia’s NIMP 2030, Green Investment Strategy, and the National Semiconductor Strategy. This MoC ensures that alignment translates into concrete outcomes for businesses on both sides.”

“The policy convergence is notable. Japan, seeking to diversify supply chains and secure renewable energy sources following its post-Fukushima energy transition, views Malaysia as a manufacturing alternative to China and a potential hydrogen supplier. Malaysia, aiming to attract quality foreign investment and climb the value chain, sees Japanese technology and patient capital as instrumental to achieving NIMP 2030 targets”, he added.

Broader Context

Japan is Malaysia’s third-largest foreign investor in manufacturing, with cumulative approved investments of RM107.5 billion to date. Nearly 3,000 Japanese manufacturing projects have created employment for more than 346,000 Malaysians, concentrated in electrical and electronics, chemicals, machinery, and transport equipment.

The relationship has evolved. In the 1980s, Japanese firms came primarily for cost arbitrage. Today, they come for strategic positioning within ASEAN, access to renewable energy infrastructure, and participation in Malaysia’s semiconductor ecosystem. The shift reflects broader changes in Asian manufacturing networks as companies reconfigure supply chains for resilience rather than pure efficiency.

The MoC takes effect immediately, with implementation coordinated through MIDA’s Tokyo and Osaka offices and JETRO’s Kuala Lumpur office.

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About MIDA

For media enquiries, please contact:
Ms. Lim Ming Yee
Director of Foreign Investment Division
Malaysian Investment Development Authority (MIDA)
Email: [email protected] | DL: +603-2267 3762

MIDA And JETRO Formalise Three-Year Cooperation Framework As Expo 2025 Osaka Yields RM12.79 biliion in Investment Leads

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Kuala Lumpur, 2 October 2025-Malaysia is positioning itself strategically through enhanced cooperation between regulators and industry to unlock the potential of one of its most vital manufacturing sectors. A new partnership between the Malaysian Investment Development Authority (MIDA) and the Machinery & Engineering Industries Federation (MEIF) demonstrates the government’s astute recognition that successful industrial upgrading stems from genuine collaboration with private sector partners who possess deep market expertise and operational insights.

Through the Memorandum of Understanding (MoU), MIDA and MIEF will establish a structured platform for collaboration to deliver on the ambitions of the New Industrial Master Plan (NIMP) 2030 and Malaysia’s domestic investment agenda. The partnership will prioritise ecosystem development, technology adoption, sustainability, investment facilitation, and stronger linkages between industry, government and research institutions.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO of MIDA, emphasised that, “Malaysia’s machinery sector remains fundamental to our manufacturing base, and this collaboration with MEIF represents a significant opportunity to accelerate our next growth phase. We’re seeing encouraging signs that Malaysian SMEs are ready to embrace advanced technologies and what they need is structured support to compete effectively in high-value global supply chains. Through this partnership, we can build on the sector’s existing strengths while helping our engineers and technicians develop the capabilities that global markets demand. By aligning industry expertise with government resources, we’re positioning Malaysia’s machinery and engineering sector to capture a larger share of regional manufacturing investment, particularly as companies seek reliable, technology-capable suppliers closer to key markets.”

Mac Ngan Boon, MEIF President, expressed, “This MoU with MIDA marks an important step in strengthening Malaysia’s machinery and engineering ecosystem. For decades, our industry has contributed quietly but significantly to the nation’s growth. Today, we are called to play a bigger role — to deepen local supply chains, embrace new technologies, and prepare our SMEs to compete on a global stage. With MIDA as a strategic partner, MEIF is confident that we can help position Malaysia’s M&E industries as a pillar of industrial transformation under the NIMP 2030.”

The partnership promises to accelerate research and development (R&D) linkages while fostering innovation-driven collaborations that strengthen trust between government, industry, and academia. By building a globally competitive, investment-ready, and sustainability-driven M&E ecosystem, Malaysia is positioning itself as a regional leader in industrial transformation.

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About MIDA

About MEIF

The Machinery & Engineering Industries Federation (MEIF) is Malaysia’s national federation representing the machinery, engineering, and advanced manufacturing sectors. MEIF works closely with government, industry, and international partners to strengthen industrial competitiveness, build resilient supply chains, and support innovation and sustainability across the machinery and engineering ecosystem. Through strategic initiatives, dialogues, and industry programmes, MEIF advances the role of the sector as a cornerstone of Malaysia’s industrial and economic growth.

For media enquiries, please contact:

MIDA
Ms. Zakiah Sajidan
Director, Machinery & Metal Technology Division
Email: [email protected]
Tel: +603-2267 6769

MEIF
Prof Datin Lorela Chia
Vice President, Strategy & Communications
Email: [email protected]
Tel: +603-89249000 ext:12005

Secretariat, MEIF:
Ms Syifa Shamimi
Email: [email protected]
Tel: +60 12-813 4828

Ms Nabila Izzaty
Email: [email protected]
Tel: +60 12-936 4828

MIDA And MEIF Join Forces To Future-Proof Malaysia’s Machinery And Engineering Ecosystem

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PENANG, Malaysia, Oct. 8, 2025 – Global logistics leader UPS (NYSE: UPS) has opened a new package centre in Penang in a move that enhances services for a wide range of its customers across the city.

The company has also increased the size of its existing hub at Penang Airport to boost processing capacity and provide businesses in Penang with even more access to the global UPS network.

The 20,000 sq ft. centre is located in Penang Science Park North, an area home to multiple industrial parks and popular with businesses in the high-tech and manufacturing sectors.

UPS’s new service means pickup times for exports of the company’s Express and Worldwide Express Freight shipments for businesses in eight areas – including Butterworth, Batu Kawan and Bayan Lepas – are extended by up to two hours, giving customers more time to prepare outbound shipments. Deliveries to businesses in Batu Kawan, Perai, Penang and Kulim, Kedah will now also be delivered earlier.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO of the Malaysian Investment Development Authority (MIDA), welcomed the development, “This investment by UPS comes at a crucial moment as businesses adapt to shifting global trade patterns and supply chain realignments. The new package centre in Penang, coupled with the expanded airport hub, introduces advanced automation and smarter warehousing processes that will enhance resilience and efficiency for Malaysian companies competing in time-critical sectors such as semiconductors and electronics.”

“At MIDA, we are committed to accelerating the adoption of Smart Warehousing and automation across the logistics sector. UPS’s continued confidence in Malaysia reinforces our efforts to build a more agile supply chain ecosystem that positions the country as a preferred hub for high-value global investments,” he added.

“When we talk to our customers, what many of them ask for is more hours in a day. Extending pickup times effectively gives them that; extra time to receive and ship more orders every day. Our enhanced airport hub then allows us to process these shipments efficiently when they arrive or leave on one of the 11 weekly UPS flights we have serving Penang,” said Ingrid Sidiadinoto, senior managing director UPS Malaysia at an event commemorating the opening of the new centre.

“Businesses all over the world are evaluating and learning from the events of recent years and looking to build more resilience into supply chains as a result. Malaysia is in a good position to capitalise on some of these trade lane shifts and Penang is central to that. We’re here to help our customers make the most of the opportunities available to them. We’re excited about the future growth potential for businesses in Penang,” Sidiadinoto added.

This is the latest in a series of investments by UPS in its Malaysia network. In May 2025, the company launched a new service in Johor that provides businesses across the state with next-day delivery to and from countries across the Asia Pacific region. Deliveries to and from Europe and the U.S. meanwhile will arrive in as little as two business days. This follows an earlier service enhancement in 2024 that enabled deliveries to and from over 50 countries across the Americas to be completed in as little as two business days.

For full details of delivery times within UPS’s global network, refer to the UPS time and cost calculator.

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About MIDA

The Malaysian Investment Development Authority (MIDA) is the government’s principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. With Headquarters in Kuala Lumpur Sentral, MIDA has 12 regional and 21 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit www.mida.gov.my and follow us on X, Instagram, Facebook, LinkedIn, TikTok and YouTube channel.

About UPS

UPS (NYSE: UPS) is one of the world’s largest companies, with 2024 revenue of $91.1 billion, and provides a broad range of integrated logistics solutions for customers in more than 200 countries and territories. Focused on its purpose statement, “Moving our world forward by delivering what matters,” the company’s approximately 490,000 employees embrace a strategy that is simply stated and powerfully executed: Customer First. People Led. Innovation Driven. UPS is committed to reducing its impact on the environment and supporting the communities we serve around the world. More information can be found at www.ups.com, about.ups.com and www.investors.ups.com.

For media enquiries, please contact:

MIDA

Mr. Habibah Enok
Director,
Oil and Gas, Maritime and Logistics Services Division
Tel: +603-2267 3539
Email: [email protected]

UPS

Tim Neesham
UPS Asia Pacific Communications
[email protected]

UPS Opens New Package Centre, Enhances Delivery Services In Penang

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Kuala Lumpur, 1 October 2025 – Dunham-Bush Industries Sdn. Bhd., one of Malaysia’s most established heating, ventilation, and air conditioning (HVAC) manufacturers, hosted a data centre seminar today in partnership with the Malaysian Investment Development Authority (MIDA), its Strategic Investment Ecosystem Partner.

The seminar, themed “Keep Your DC Cool”, drew more than 60 key stakeholders from across the data centre ecosystem and government agencies to Dunham-Bush’s manufacturing facility. Discussions centred on the critical role of precision cooling in sustaining uptime, resilience and energy-efficiency, reaffirming Malaysia’s position as a hub for advanced, sustainable climate solutions for mission-critical infrastructure.

“From 2021 until June 2025, MIDA has approved RM144.4 billion worth of investments in data centre and cloud projects”, said Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO of MIDA. “These projects are creating strong linkages across Malaysia’s value chain, with AI-driven data centres generating up to four times downstream impact for local suppliers, service providers, and talent. By strengthening resilience and competitiveness, we are laying the foundation for Malaysia to be a regional leader in the global data economy. Companies like Dunham-Bush demonstrate how local champions can scale globally while contributing to national priorities.”

Mr. Yu Baoshuang, Managing Director of Dunham-Bush Malaysia, added, “We are proud to host this event and open our doors to showcase our capabilities to the industry. Cooling is not just a support system – it is at the heart of data centre operations. At Dunham-Bush, we are committed to delivering precision cooling and energy-efficient climate solutions that meet the growing needs of the data centre industries. This demand has enabled us to expand our local manufacturing, invest in new technologies, and create skilled opportunities for Malaysians. Together with partners like MIDA, we are building a stronger future for Malaysia as a regional hub for data centres.”

This event follows MIDA’s Data Centre Nexus initiative launched in May 2025, signalling sustained governmental commitment to the sector. As artificial intelligence (AI) and cloud computing drive exponential growth in data processing, the physical infrastructure supporting these digital ambitions becomes increasingly critical.

The seminar reinforced the importance of strong collaboration between government and industry in advancing Malaysia’s competitiveness in the regional and global data centre landscape. With Dunham-Bush’s innovation and MIDA’s facilitation, Malaysia is strengthening supply chain resilience, attracting high-value investments, and building a future-ready economy, competitive, inclusive, and sustainable.

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About MIDA

About Dunham-Bush Industries Sdn. Bhd.

Dunham-Bush is one of the world’s top commercial air conditioning manufacturers, which has long been committed to offering reliable air conditioning solutions and providing innovative engineering with green technology and superior quality manufacturing that meet the market demands for performance, reliability, and energy efficiency. Today, with the global headquarters located in Malaysia, Dunham-Bush has over 3,000 employees in 15 sales offices and three factories worldwide. For more information, please visit us at https://dunham-bush.com/.

For media enquiries, please contact:

MIDA
Ms. Noorzita Mohamad Nor
Director, Business Services and Regional Operations, MIDA
Email: [email protected]
Tel: +603-2267 3635

Dunham-Bush Industries Sdn. Bhd.
Ms. Noor Emelia binti Mohamad Noor
Senior Sales Manager, Dunham-Bush Sales & Services Sdn. Bhd.
Email: [email protected]
Tel: +603-89249000 ext:12005

MIDA and Dunham-Bush drive Malaysia’s data centre value chain with sustainable cooling solutions

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Bidor, Perak, 22 September 2025 – Lembaga Pembangunan Pelaburan Malaysia (MIDA) terus menyahut aspirasi YAB Perdana Menteri menerusi pelaksanaan Program Tanggungjawab Sosial Korporat (CSR) Santuni MADANI bersama komuniti Kampung Cegar, Bidor, Perak. Program yang berlangsung selama dua hari ini dianjurkan oleh MIDA menerusi gabungan usahasama Kelab MIDA, Koperasi MIDA (KOMIDA) dan Kelab Golf MIDA serta penglibatan aktif warga MIDA serta Jawankuasa Penduduk Kampung Cegar.

Penganjuran program ini juga adalah sebahagian daripada inisiatif Satu Pemimpin, Satu Kampung (Santuni Madani), yang bertujuan memberikan ruang kepada pengurusan dan kakitangan MIDA untuk menyantuni warga Kampung Cegar dengan menghulurkan bantuan, meningkatkan empati, pemahaman dan cakna akan cabaran sebenar yang dihadapi oleh komuniti setempat.

Menurut Ketua Pegawai Eksekutif MIDA, Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, “MIDA bukan sahaja berperanan menarik pelaburan berkualiti ke Malaysia, malah turut memikul tanggungjawab memperkasa kesejahteraan sosial dan ekonomi masyarakat. Program CSR seperti di Kampung Cegar ini mencerminkan tekad kami untuk mendekati komuniti akar umbi, menyantuni keperluan rakyat, serta memastikan manfaat pembangunan negara dapat dirasai oleh semua lapisan masyarakat.”

Sepanjang penganjuran program ini, lebih 400 komuniti Kampung Cegar menyertai pelbagai aktiviti kemasyarakatan telah dilaksanakan MIDA, termasuk jamuan santai Rasa-Rasa Kampung Kita, aktiviti permeriksaan kesihatan, gotong-royong pembersihan kawasan sekitar kampung, taklimat keusahawanan, tayangan wayang pacak, perlawanan persahabatan bola sepak dan bola jaring serta sukaneka rakyat. Inisiatif ini bukan sahaja mengeratkan jalinanan ukhuwah di antara warga MIDA dan penduduk Kampung Cegar, malah membuka ruang perkongsian ilmu untuk pembangunan ekonomi setempat.

MIDA terus memainkan peranan utama dalam memacu pembangunan pelaburan di negeri Perak, sekaligus memperkukuh kedudukan negeri ini sebagai destinasi pelaburan strategik untuk menarik lebih banyak pelaburan asing dan domestik. Di antara syarikat-syarikat tempatan yang menjalankan operasi pengilangan di sekitar Bidor adalah seperti Finnese Moulding (Perabot dan Lekapan), Hok Lai Timber (Produk Kayu) dan Bidor Kwong Heng (Pemprosesan Makanan) dengan jumlah pelaburan lebih RM55 juta dan menawarkan hampir 500 peluang pekerjaan. Selain itu juga, syarikat tempatan Gading Kencana Sdn. Bhd. telah memilih Bidor sebagai lokasi untuk ladang solar 30MW untuk menyumbang tenaga lestari kepada grid nasional. Manakala syarikat-syarikat multinasional seperti BYD (China), Murata Electronics (Jepun), Toyo Tyre (Jepun) dan Coherent (Amerika Syarikat) juga telah memilih negeri Perak sebagai pengkalan operasi pengilangan mereka.

Program CSR Santuni MADANI ini menegaskan komitmen MIDA bukan sahaja untuk menarik pelaburan bernilai tinggi, tetapi juga merakyatkan pelaburan dengan membina ekosistem masyarakat yang inklusif, mampan, dan berdaya tahan, seiring aspirasi Ekonomi MADANI dan hala tuju pembangunan negara.

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Mengenai MIDA

MIDA adalah agensi promosi dan pembangunan pelaburan utama Kerajaan di bawah Kementerian Pelaburan, Perdagangan dan Industri (MITI) untuk menyelaras dan menggalakkan pelaburan ke dalam sektor perkilangan dan perkhidmatan di Malaysia. Beribu pejabat di Kuala Lumpur Sentral, MIDA mempunyai 12 pejabat wilayah dan 21 pejabat luar negara. MIDA terus menjadi rakan strategik bagi perniagaan dalam merebut peluang yang timbul dari revolusi teknologi pada era masa kini. Untuk maklumat lebih lanjut, sila layari www.mida.gov.my dan ikuti kami di saluran X, Instagram, Facebook, LinkedIn, TikTok dan YouTube.

Untuk pertanyaan media, sila hubungi:

MIDA
Puan Fatmah Ahmad
Pengarah, Bahagian Komunikasi Korporat, MIDA
Emel: [email protected]
Tel: +603-2267 2428

MIDA Jalin Kesejahteraan Bersama Komuniti Kampung Cegar, Bidor, Menerusi Program CSR Santuni Madani

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Kuching, Sarawak, Malaysia, 12 September 2025 – X-FAB, the global leader in analog/mixed-signal and specialty semiconductor manufacturing, today unveiled a RM3-billion expansion of its semiconductor manufacturing facility in Sarawak.

The state-of-the-art expansion increases X-FAB Sarawak’s wafer production capacity from 30,000 to 40,000 units per month. This significant boost strengthens Malaysia’s position as a crucial hub in the global semiconductor supply chain. The additional facility specialises in producing advanced chips for automotive, medical, and industrial applications.

The Prime Minister of Malaysia, YAB Dato’ Seri Anwar Ibrahim and the Sarawak Premier, YAB Datuk Patinggi Tan Sri Abang Johari Tun Openg jointly inaugurated the facility, marking a pivotal moment in Malaysia’s endeavour to advance upwards in the global technological value chain, as targeted by the New Industrial Master Plan (NIMP) 2030.

YB Senator Tengku Datuk Seri Utama Zafrul Aziz, Minister of Investment, Trade and Industry (MITI), said, “X-FAB’s investment is an important step in Malaysia’s journey to strengthen our position in the global semiconductor industry. It reflects foreign investors’ continued confidence in our long-term industrial reform direction, and supports the kind of partnerships we want to build. Both MITI and MIDA are focused on attracting quality investments that create jobs and build key tech skills for Malaysians, to further drive innovation in our industries. This expansion also brings us closer to our goal of becoming a leading hub for advanced manufacturing – in line with the New Industrial Master Plan 2030 (NIMP 2030), the 13th Malaysia Plan, and the National Semiconductor Strategy (NSS) – to achieve Malaysia’s goal of becoming a high-value, high-income industrialised nation.”

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of the Malaysian Investment Development Authority (MIDA), emphasised, “While this expansion is a strategic win for our semiconductor industry, its true impact will be felt on the ground. This investment is a catalyst for socio-economic upliftment in Sarawak, creating a ripple effect that benefits local communities. We’re not just attracting high-value jobs; we’re cultivating a new generation of skilled talent and empowering local businesses in the supply chain. This is the very essence of our national strategy: ensuring every investment serves as a launchpad for inclusive growth and shared prosperity for all Malaysians.”

“We make chips that save lives, such as those used in ultrasound applications, and that power the future, like our power semiconductor solutions for electric vehicles and charging infrastructure,” said Rudi De Winter, CEO of X-FAB Group. “This expansion not only increases X-FAB Sarawak’s overall monthly capacity by 10,000 wafers but also more than doubles the site’s capacity for our popular 180nm BCD-on-SOI technology, which is essential for these types of applications. I am grateful for the continued support from MIDA and the Sarawak government enabling us to achieve this major milestone for the future success of the entire X-FAB Group.”

The new manufacturing line is now operational and will serve global customers across automotive, industrial, and medical sectors, which also strengthens Malaysia’s value proposition in these manufacturing sectors.

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About MIDA

About X-FAB

X-FAB is a global foundry group providing a comprehensive set of specialty technologies and design IP to enable its customers to develop world-leading semiconductor products that are manufactured at X-FAB’s six wafer fabs located in Malaysia, Germany, France, and the United States. With its expertise in analog/mixed-signal technologies, microsystems/MEMS, Photonics, silicon carbide (SiC) and gallium nitride (GaN), X-FAB is the development and manufacturing partner for its customers, primarily serving the automotive, industrial and medical end markets. X-FAB has approximately 4,500 employees and has been listed on Euronext Paris since April 2017 (XFAB). For more information, please visit www.xfab.com.

For More Information, Please Contact:

MIDA
Mr. Mazlan Mokhtar
Director,
Electrical and Electronics Division
Tel: +603-2267 6655
Email: [email protected]

X-FAB
Anja Noack
MarCom Manager
X-FAB Silicon Foundries
Tel: +49-361-427-6162
Email: [email protected]

X-FAB’s RM3-Billion State-Of-The-Art Expansion In Sarawak Strengthens Malaysia’s Position As Global Semiconductor Hub

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Sakura Ferroalloys Celebrates 10 Years of Operations with the Opening of New Sinter Plant and the Groundbreaking for Refined Ferromanganese Converter

Bintulu, Sarawak, 12 September 2025 – Sakura Ferroalloys today hosted a ceremonial event to mark three major milestones: the official opening of its newly constructed Sinter Plant and the groundbreaking for its Refined Ferromanganese Converter. The occasion also marked a pivotal moment with the official announcement of its fourth shareholder, JFE Minerals.

Located in the Samalaju Industrial Park, Sarawak, Malaysia, Sakura Ferroalloys is jointly owned by Assore, Sumitomo Corporation, China Steel Corporation, and JFE Mineral & Alloy Company, Ltd. The company has been in operation for a decade and takes pride in delivering high-quality products, maintaining an excellent safety record of over 4 million man-hours without lost-time injuries, and contributing meaningfully to the people and economy of Sarawak and Malaysia.

Official Opening of the Sinter Plant

The Sinter Plant will enhance Sakura Ferroalloys’ ability to optimise raw material usage, improve furnace performance, and increase overall metallurgical efficiency. It ensures consistent feed preparation for smelting, contributing to more stable production performance.

The project with investments of US$31 million (RM141 million) was completed following a 22-month construction phase. Its successful commissioning reflects the company’s continued commitment to investing in safe, efficient, and competitive alloy production infrastructure.

Groundbreaking for Refined Ferromanganese Converter – Project Salamander

Known internally as Project Salamander, the new converter represents a cornerstone of Sakura Ferroalloys’ product diversification strategy. It will enable the company to expand its portfolio to include both medium and low-carbon ferromanganese, strengthening its ability to serve evolving customer demand in specialised alloy markets worldwide.

The project with investments of US$82.5 million (RM346.5 million) is scheduled for 21 months of construction, with hot commissioning targeted for April 2027 and full production ramp-up by mid-2027. Once complete, the facility will have an annual capacity of 70,000 tons of refined ferromanganese.

Institutional Support

The project has received strong support from government and industry agencies:

The Malaysian Investment Development Authority (MIDA) has facilitated approvals from the Ministry of Investment, Trade and Industry (MITI), ensuring smooth progression of the project.
The Ministry of International Trade, Industry and Investment Sarawak (MINTRED) has endorsed the initiative, acknowledging its strategic significance in shaping Sarawak’s evolving industrial landscape and long-term economic strategy.

“These milestones achieved by Sakura Ferroalloys are one of the examples of why Malaysia continues to attract strategic, high-value investments,” said Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of MIDA. “Sakura Ferroalloys’ diversification into medium and low-carbon ferromanganese supports the goals of our New Industrial Master Plan 2030, particularly around greener and more sustainable manufacturing. The new sinter plant will also enhance efficiency and strengthen production stability. MIDA will continue to support projects that drive innovation, sustainability, and long-term resilience.”

MINTRED is pleased to support this initiative, recognising its pivotal role in accelerating Sarawak’s industrial transformation and securing long-term economic resilience. This strategic move positions Sarawak at the forefront of innovation, investment, and sustainable growth, reinforcing our commitment to building a future-ready economy that benefits all Sarawakians,” said YB Datuk Dr. Malcolm Mussen Lamoh, Deputy Minister of MINTRED.

Welcoming JFE Minerals as Fourth Shareholder

The decision to proceed with refined ferromanganese production was made possible through the entry of a new shareholder. In July 2025, JFE Mineral & Alloy Company, Ltd. acquired a 7.5% stake in Sakura Ferroalloys. JFE’s refining technology further strengthen Sakura’s consortium and operational excellence.

“JFE Minerals brings deep industry knowledge and international reach. Their participation reflects strong confidence in Malaysia’s industrial potential,” said Mr. Tiaan van Aswegen, the Chairman of Sakura Board of Directors.

These milestones demonstrate Sakura Ferroalloys’ unwavering commitment to innovation, sustainability, and partnership. Together with MIDA, MINTRED and our shareholders, Sakura aims to remain the Company of Choice for stakeholders, clients, and employees.

(Photo Caption: Salamander Project Groundbreaking Ceremony)

(Photo Caption: Sinter Plan Launching Ceremony)

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About MIDA

About Sakura Ferroalloys Sdn Bhd

Sakura Ferroalloys Sdn Bhd is a joint venture between global and diversified mining leader Assore through its international subsidiary Assore International Holdings, trading powerhouse Sumitomo Corporation (Japan), manufacturing giant China Steel Corporation (Taiwan) and JFE Minerals (Japan) recently joined as the fourth shareholder.

Sakura was established to produce high carbon ferro-manganese (HCFeMn) and silico manganese (SiMn) at its strategically located smelting plant in Samalaju Industrial Park, Bintulu, Sarawak, Malaysia. Envisioned to be a world leading producer of diversified manganese-based products, Sakura is actively expanding its portfolio to include refined ferromanganese in the near future, reinforcing its commitment to innovation and global market responsiveness. For more information, please visit www.sakuraferroalloys.com.my and follow us on Facebook.

For More Information, Please Contact:

MIDA
Ms. Zakiah Sajidan
Director, Machinery & Metal Technology Division
No.: +603-2267 6769
Email: [email protected]

Sakura Ferroalloys Sdn Bhd
Ms. Chelsea Kennedy
Human Resources Manager
No.: +6086-298 800
Email: [email protected]

Sakura Ferroalloys Breaks Ground For Refined Ferromanganese Production

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Kuala Lumpur, 8 September 2025 – The Malaysian Investment Development Authority (MIDA) brought together more than 180 senior investors and decision makers at its Investment Pitching Day 2025 on 2 September 2025, creating a dynamic showcase that bridges capital with investment-ready projects to accelerate Malaysia’s transformation into a regional hub for innovation and advanced industries.

The event brought together institutional investors, Government-Linked Investment Companies (GLICs), venture capital firms, private equity funds, financial institutions, and developers, underscoring MIDA’s pivotal role in unlocking strategic investments, strengthening local ecosystems, and advancing regional connectivity.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of MIDA, emphasised the critical need for public-private collaboration in his welcome address, “We are here to foster meaningful partnerships that can propel Malaysia into the next phase of economic growth. This platform is designed to connect companies with the right investors, ensuring that great projects get the full support they need to scale-up. The MADANI Economy Framework and the New Industrial Master Plan 2030 are our guiding principles for building an inclusive, equitable, and competitive economy, and today’s event is one step toward achieving that vision.”

The morning session spotlighted Economic Accelerator Projects (EAP) along the East Coast Rail Link (ECRL) corridor, with investment-ready ventures from Kelantan, Terengganu, Pahang, and Selangor. These projects are poised to catalyse regional development and deliver long-term impact for local communities.

In the afternoon, the inaugural PrimePitchsession showcased five (5) companies, namely, Jardin Pharma, Biocon Biologics, Novugen Oncology, Longe Medikal, and Remedi Innovations – representing high-value opportunities in the pharmaceuticals and medical devices. Their pitches drew strong investors’ interest in Malaysia’s growing healthcare and life sciences sector.

Lively Q&A sessions reflected strong appetite for scalable ventures, with seasoned broadcaster Mr. Nizal Mohammad keeping discussions engaging throughout the day.

Closing the event, Mr. Faizal Jalaludin, Executive Director of Investment Promotion at MIDA, remarked “Today wasn’t just about pitching ideas. It was about planting the seeds for lasting partnerships that will propel Malaysia into its next phase of economic growth. We are focused not only on scaling up local companies, but also on inviting foreign investments to strengthen the ecosystem and ensure Malaysia remains a prime investment destination. We believe in building stronger local players who can compete globally and drive sustainable growth.“

The MIDA Investment Pitching Day 2025 marks the first in a new series of targeted pitching platforms linking businesses with strategic investors to advance Malaysia’s ambition of becoming ASEAN’s hub for innovation, sustainability and advanced industries.

From left to right-Mr Yasir Ayeop Azizuddin, Jardin Pharma; Mr Joe Sian, Biocon Biologics; Mr Eddie Khurram Abbas, Novugen Oncology; Mr Muhamad Faris Ashraf Md Nasser, Remedi Innovations; Prof. Dr. Ahmad Sobri Muda, Longe Medikal; Mr Nizal Mohammad, Moderator; Ts Muhammad Izzat Ahmad Sabri, Longe Medikal; Mr Arindam Chakrabarti, Biocon Biologics.

From left to right-En. Nik Izuddin Nik Mohd Yusof Pengarah, Pembangunan Pelaburan, Invest Selangor; En. Wan Zulfadhli Syahman Bin Wan Yusof Pengarah UPEN Kelantan; Y.Bhg Dato’ Haji Rosli Bin Latif, Pengarah UPEN Terengganu; En. Nizal Mohammad, Moderator; En Faizal Jalaludin, ED Investment Promotion MIDA; En. Mohd Zaidi bin Sharif, Head Of Strategy MRL;En Sukri Abu Bakar, Director Domestic Investment Div MIDA;Pn. Haslina Bahasan Ketua Penolong Setiausaha Kanan (Pelaburan Dan Penswastaan) BPEN Pahang

**Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO of MIDA**

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About MIDA

For More Information, Please Contact:

MIDA
Mr. Sukri Abu Bakar
Director, Domestic Investment Division
Tel: +603-2267 3685
Email: [email protected]

MIDA Connects Capital With Ideas To Power Malaysia’s Economic Transformation

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Johor Bahru, 3 September 2025 – Scanfil, Europe’s largest listed Electronics Manufacturing Company, has invested RM15.8 million to expand and modernise its SRX Global (Malaysia) Sdn. Bhd. facility in Johor Bahru, Malaysia. The upgrade boosts production capacity by nearly 50 per cent and reinforces Johor Bahru’s role as a strategic electronic hub in Asia.

The investment strengthens Scanfil’s Asia Pacific operations, which also include SRX Global facilities in Melbourne, Australia. Prior to this expansion, the Malaysian facility operated four (4) automated SMT lines with 170 employees, establishing a solid foundation for future growth.

Ms. Maiju Lepomaki, Deputy Head of Mission at the Embassy of Finland in Malaysia, officiated the opening ceremony yesterday. Strengthening Finland–Malaysia economic ties that date back to the embassy’s establishment in 1988, the event was attended by distinguished guests including Scanfil Group CEO, Christophe Sut; VP of APAC, Christian Kesten; Former SRX CEO, Paul Appleby; Director of MIDA Johor, Mr. Mohamad Reduan Mohd Zabri; Malaysian-Finnish Chamber of Commerce Senior Advisor, Mr. Mohamed Farid Mohamed Razali as well as representatives from SRXGlobal, Scanfil, and their clientele.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of MIDA, commended the investment: “MIDA welcomes Scanfil’s expansion and modernisation in Johor Bahru as a significant step forward in advancing Malaysia’s high value manufacturing sector. This investment will attract advanced technologies, create skilled employment opportunities, and strengthen innovation and sustainability across the electronics supply chain.”

He added: “This initiative is well aligned with Malaysia’s New Industrial Master Plan (NIMP) 2030 and the National Semiconductor Strategy (NSS), which aim to deepen Malaysia’s capabilities in electronics and semiconductors while building long term resilience in the global supply chain.”

“This expansion and modernisation are a great showcase of the positive business environment in Malaysia. Due to this predictable and business-friendly environment, SRX Global being a Scanfil company is committed to developing its operations in Johor Bahru with a long-term perspective, and we see great opportunities, especially driven by customers in Industrial, and medical technology & life sciences,” emphasises Scanfil CEO Christophe Sut.

“We are excited to unveil the newly expanded and modernised Johor Bahru facility,” said the Deputy Head of Mission in Malaysia Ms. Maiju Lepomaki. “This investment reflects the strong relationship between Finland and Malaysia and the positive business environment in Malaysia.”

The multi million ringgit expansion and modernisation represents a significant enhancement to SRX Global’s Johor Bahru operations, delivering:

Nearly 50% increase in production area.
Integrated one-stop manufacturing, covering electronics assembly and complex box-build.
Capacity to workforce expansion grow beyond the current 170 employees as demand grows.
Cutting-edge facility design, aligned with the SRX Global & Scanfil Dream Factory programme to drive data integration, process optimisation, and advanced automation.

From left to right-Paul Appleby (Former CEO of SRX Global); Christina Wiklund (Chief Commercial Officer & VP of Americas); Christian Kesten (Vice President of APAC); Christophe Sut (CEO of Scanfil Group); Jarrko Takanen (Major shareholder);Mohamad Reduan Mohd Zabri (Director of MIDA Johor)); Maiju Lepomaki (Deputy Head of Mission, Embassy of Finland Kuala Lumpur);Mohamed Farid Mohamed Razali (Senior Advisor, Business Finland).

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About MIDA

About Scanfil

Scanfil plc is Europe’s largest listed provider of electronics manufacturing services (EMS), whose turnover in 2024 amounted to EUR 780 million. The company serves global sector leaders in the customer segments of Industrial, Energy & Cleantech, and Medtech & Life Science. The company’s services include design services, prototype manufacture, design for manufacturability (DFM) services, test development, supply chain and logistics services, circuit board assembly, manufacture of subsystems and components, and complex systems integration services. Scanfil’s objective is to grow customer value by improving their competitiveness and by being their primary supply chain partner and long-term manufacturing partner internationally. Scanfil’s longest-standing customer account has continued for more than 40 years. The company has global supply capabilities and eleven production facilities across four continents. www.scanfil.com

For media enquiries, please contact:

MIDA
Mr. Mohd Mazlan Mokhtar,
Director, Electrical and Electronics Division, MIDA
E: [email protected] DL: 0322676655

SRX Global (Malaysia) Sdn Bhd
Ms Renuka Michael
Senior Program Manager
Phone: +607-2319000 Ext 221
Mobile: +6019-778 3414
Fax: +607-2319199
Email: [email protected]

Scanfil Invests RM15.8 Million To Expand And Modernise Johor Bahru Manufacturing Facility

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KULIM HI-TECH PARK, Kedah, 29 August 2025 – The inaugural Economic & Market Development Conference 2025 concluded on a high note yesterday at the Kulim Golf Club in Kulim Hi-Tech Park (KHTP), establishing a new benchmark for public-private sector collaboration in Malaysia’s economic development landscape.

The conference brought together over 400 industry titans, policymakers, and investors from across Malaysia and the broader Southeast Asian region, signalling robust confidence in the nation’s economic trajectory and innovation ecosystem.

Jointly organised for the first time by the Malaysian Investment Development Authority (MIDA), Kulim Technology Park Corporation (KTPC), and Hong Leong Bank (HLB), the full-day conference featured keynote addresses and networking sessions focusing on current economic trends, market development strategies, and opportunities for investment and innovation. It also served to strengthen networking between the private and public sectors, fostering greater collaboration.

The event also marked a significant milestone as part of Kulim Hi-Tech Park’s 30th Anniversary, reinforcing its position as Malaysia’s premier high-tech industrial hub.

Key highlights of the conference included:

Expert insights on emerging market opportunities in the current economic direction;
Discussions on future economic challenges and strategies for inclusive and sustainable development; and
Enhanced public-private sector collaboration, fostering new business collaborations and investment opportunities.

The conference was officially officiated by YB. Prof. Dr. Haim Hilman Abdullah, Kedah EXCO for Industry & Investment, Science, Technology & Innovation, and Higher Education. In his keynote address, YB. Prof. Dr. Haim Hilman Abdullah highlighted, “I have great hopes that the Kulim Technology Park Corporation (KTPC) and Kulim Hi-Tech Park (KHTP) will continue to be the driving force of high-technology industries, bringing success not only to Kedah, but also to Malaysia as a whole.”

In his opening remarks, Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer (CEO) of MIDA, emphasised the importance of synergy, “Through strong federal-state level collaborations, KHTP has fostered an environment where multinational corporations can establish their operations while providing platforms for our small and medium enterprises to innovate, integrate, and scale up as part of global supply chains. This symbiotic relationship between large corporations and local businesses is exactly what builds resilience and long-term competitiveness.”

Dato’ Mohd Sahil Zabidi, Group CEO of KTPC, said, “This conference marks our very first collaboration with MIDA & Hong Leong Bank, organised specially for the industrial players in the Northern Region. This reflects our shared commitment to strengthening Malaysia’s economic resilience & driving long-term growth.”

“The KHTP is a critical engine of Malaysia’s economic growth, and holds the potential to be a vibrant ecosystem that drives innovation, creates jobs, and attracts global leaders in high-tech industries,” said Dafinah Ahmed Hilmi, CEO of Hong Leong Islamic Bank (HLISB), who gave a speech at the conference. “Our presence in KHTP, anchored by our Meet @ HLB community branch which is opening soon, allows us to be a true partner to the community, where business owners and residents can access financial advisory, wealth management, and corporate banking solutions. Furthermore, we have a unique focus on supporting green projects, providing financing and advisory for businesses entering the renewable energy, sustainability, green infrastructure, or clean electricity industries. With this, we aim to be a catalyst for accelerated wealth growth for the region, supporting an environment where everyone can thrive as we build a prosperous and sustainable economic future.”

With a resounding call for continued cooperation between industry players, financial institutions, and government agencies, the conference concluded by reinforcing Malaysia’s and KHTP’s shared ambition to be a leader in high-value industries and innovation-driven growth.

From left to right-Ms. Dafinah Ahmed Hilmi, CEO of HLISB (Hong Leong Islamic Bank); Dato’ Chong Nee Hwa, Executive Director of FEM (Fuji Electric (Malaysia) Sdn Bhd); Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid; YB. Prof. Dr. Haim Hilman Abdullah, Kedah EXCO for Industry & Investment, Science, Technology & Innovation, and Higher Education; Dato’ Wira Isahak Murat, CEO of KSDC (Kedah State Development Corporation);Datuk Wira Arham Abdul Rahman, Board Member of KTPC (Kulim Technology Park Corporation); Mr. Mohd Zaid Abdul Jalil, CFO of KTPC (Kulim Technology Park Corporation Sdn Bhd)

Appendix: Leadership Quotes

Dato’ Chong Nee Hwa, Executive Director, Fuji Electric (Malaysia) Sdn. Bhd. said, “Being one of the pioneer tenants in Kulim Hi-Tech Park (KHTP) 28 years ago, Fuji Electric is proud to say that Kulim Technology Park Corporation (KTPC) has been a very committed park manager in ensuring our needs are fulfilled timely as committed. We had seen significant growth and development in the park over the years. I am very grateful that I am here to witness such great achievements now, and I am confident that with the strong ecosystem support from MIDA, KTPC and other stakeholders, they will continue to champion Kedah and Malaysia as the preferred location for future investors. Well done!”

Mr. Jacky Chen, Chief Finance Officer of XSD International Paper Sdn Bhd, an HLB client who also participated in the conference, commented, “The conference provided us with some eye-opening insights into the economic viability and future of the region, and emphasised the importance of collaboration between entities to drive Malaysia’s economy forward. In the grand scheme of things, the KHTP is a significant milestone in our country’s endeavour to attract foreign investments and position itself as a global leader in manufacturing and the tech industry. From this, we hope to continue working with KHTP and HLB in supporting the country’s overall economic roadmap and growing our industry to greater heights.”

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About MIDA

About KTPC

Kulim Technology Park Corporation Sdn. Bhd. (KTPC) is the developer and manager of Kulim Hi-Tech Park (KHTP), Malaysia’s first high-tech industrial park. Established since 1996, KTPC’s primary activities include developing and promoting KHTP, as well as building, leasing and renting industrial and non-industrial buildings. KHTP is recognized as a leading global science city, attracting numerous high-tech multinational companies. KHTP is strategically positioned with excellent infrastructure, logistics connectivity, and support services, making it an ideal location for both local and international businesses.

About Hong Leong Bank Berhad

Hong Leong Bank Berhad is one of the leading financial services organisations in Malaysia. With a heritage of more than 120 years, it provides comprehensive financial services covering consumer banking, business banking and trade finance, treasury, branch and transaction banking, wealth management, private banking and Islamic financial services. Hong Leong Bank, which has won awards for its innovations in the financial services space, also has one of the largest service and distribution network of branches and business centers in Malaysia.

With a proven track record in value creation and a highly recognised brand, Hong Leong Bank has also been extending its footprint in the region, with branches in Singapore and Hong Kong and wholly owned subsidiaries in Vietnam and Cambodia. In China, the Bank is a substantial shareholder in Bank of Chengdu Co., Ltd., Sichuan.

Hong Leong Bank is a subsidiary of Hong Leong Financial Group Berhad, the financial services arm of the Hong Leong Group. Apart from banking, Hong Leong Financial Group is involved in the provision of insurance and takaful, as well as investment banking, unit trust, fund management and stock broking services.

For further information, please visit www.hlb.com.my

For media enquiries, please contact:

MIDA
Mr. Sukri Abu Bakar
Director, Domestic Investment Division
No.: +603-2267 3685| Email: [email protected]

KTPC
Ms. Siti Norsakeena Mohd Arshad
Head of Corporate Communication
Tel: +604-403 2420 ext 134
Email: [email protected]

Hong Leong Bank
Vivian Tan
Corporate Communication & CSR
DID: +6032081 8888 Extn 61914
Email: [email protected]

Derrick Pang
Corporate Communication
Email: [email protected]

MIDA KTPC And HLB Forge Strategic Collaboration At Inaugural Economic & Market Development Conference 2025

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For January to June 2025 (1H 2025), Malaysia attracted RM190.3 billion of approved investments in services (RM118.6 billion, 62.3%), manufacturing (RM68.4 billion, 36.0%), and primary (RM3.3 billion, 1.7%) sectors. This is a notable 18.7% increase in comparison to the same period last year (1H 2024).
Foreign Investments (FI) accounted for a significant 56.1% or RM106.8 billion of the total approved investments, while Domestic Investments (DI) contributed 43.9% or RM83.5 billion.
The services sector’s share accounts for RM118.6 billion of the total approved investments, showing a significant 25.6% year-on-year increase [cf. RM94.4 billion in 1H 2024].
The manufacturing sector’s share of approved investments is RM68.4 billion, a robust 13.8% y-o-y growth. This was contributed by a 12.1% increase in foreign investments, 20.2% in domestic investments and a 37.7% increase in new jobs.
The top five (5) sources of FI are Singapore (RM43.4 billion), the People’s Republic of China (RM23.4 billion), the United States of America (RM10.4 billion), the British Virgin Islands (RM6.6 billion), and Italy (RM3.3 billion).
The five (5) states that recorded the highest approved investments are Johor (RM56.0 billion), Selangor (RM34.7 billion), W.P. Kuala Lumpur (RM30.1 billion), Pulau Pinang (RM18.9 billion) and Sabah (RM11.4 billion).

KUALA LUMPUR, 22 August 2025 – Malaysia has clearly risen above the current geopolitically challenging landscape and maintained its position as an attractive investment destination in the region. The country secured RM190.3 billion in approved investments during the first half of 2025 (1H 2025), an 18.7% increase year-on-year.

A total of 3,011 projects across the manufacturing, services, and primary sectors are expected to generate 89,294 new jobs, highlighting the country’s ability to translate investment commitments into real economic impact. FI surged 43.5% year-on-year, propelled by strong growth in all three (3) sectors: services (+100.7%), manufacturing (+12.1%) and primary (+57.4%). This is also validated by Malaysia’s rise from 34^th to 23^rd position by the IMD World Competitiveness Ranking 2025. The growth and improved competitiveness reflect the government’s concerted efforts to enhance service efficiency, implement aggressive trade and investment promotion missions and streamline approval processes. These factors are pivotal in strengthening investor confidence in the country’s economic direction and in continuing to attract significant investment inflows.

For approved investments based on foreign sources[1], Singapore emerged as the leading source country with RM43.4 billion, followed by the People’s Republic of China (RM23.4 billion), the United States of America (RM10.4 billion), the British Virgin Islands[2] (RM6.6 billion), and Italy (RM3.3 billion). These foreign investments signal enduring global trust in Malaysia as a strategic base for regional growth.

The state of Johor recorded the highest value of approved investments (RM56.0 billion), followed by Selangor (RM34.7 billion), W.P. Kuala Lumpur (RM30.1 billion), Pulau Pinang (RM18.9 billion) and Sabah (RM11.4 billion).

National Investment Aspirations (NIA) – Driving Malaysia’s Long-Term Goals

The focus sectors under the National Investment Aspirations (NIA) contributed a total of RM88.3 billion, representing almost half of the total approved investments (46.4%) across various economic sectors. These approvals span 426 projects and are expected to create 33,891 new employment for Malaysians, demonstrating a strong alignment between the nation’s investment strategies and its development goals.

Of the total approved amount, RM106.2 billion or 55.8% falls under the scope of MITI and MIDA. This includes 1,247 projects projected to generate 48,689 jobs.

YB Senator Tengku Datuk Seri Utama Zafrul Aziz, Minister of Investment, Trade and Industry (MITI), said, “Malaysia’s 18.7% year-on-year growth in approved investments for 1H 2025 demonstrates foreign and domestic investors’ continued trust in our clear policies and long-term industrial reform agenda. These have contributed to Malaysia’s strong economic fundamentals, which have clearly held up our economy even amid a challenging global environment. MITI and MIDA are working closely with other relevant Ministries and Agencies to ensure these commitments are implemented expeditiously to deliver meaningful outcomes for the people.”

[1] Compilation of foreign investments is based on the ultimate investing country. The ultimate source refers to the home country of the foreign investor that holds control over the decision-making process and investment management, even if the investment flows through several intermediary sources.

[2] Based on declaration by the applicant company in its submission to MIDA and relevant Ministries/Agencies.

He also noted the significance of Johor’s growth momentum, “Johor’s performance has been especially encouraging, topping the nation in both Q1 2025 (RM30.1 billion) and in 1H 2025 (RM56.0 billion). This reflects the state’s strengthening economic fundamentals, driven by initiatives such as the Johor–Singapore Special Economic Zone, one of Malaysia’s value propositions as a strategic manufacturing and services hub within the ASEAN region.”

Services Sector Powers in Growth, Led by Strong Domestic Investments

The services sector accounted for RM118.6 billion in approved investments, representing 62.3% of the total, comprising 2,476 projects. The sector recorded a year-on-year increase of 25.6%, with an estimated 42,576 new jobs expected to be created.

Domestic investments contributed RM66.6 billion (56.2%) while foreign investments contributed RM52.0 billion (43.8%). This healthy balance reflects foreign and domestic investors’ continued confidence and the sector’s broad-based appeal.

The top-performing sub-sector under the services sector are:

Information and Communications: RM59.6 billion
Real Estate: RM38.6 billion
Utilities: RM6.0 billion
Support Services: RM5.9 billion
Distributive Trade: RM4.3 billion

Notable Projects Elevating Malaysia’s Services Sector

DHL Express (Malaysia) Sdn. Bhd.: DHL Express (Malaysia) Sdn. Bhd. launched one of its most advanced facilities in Southeast Asia — the Kuala Lumpur Gateway. With a €60 million (RM300.0 million) investment, it is the region’s first gateway with a fully automated sorting system, capable of processing up to 10,000 shipments per hour.
Adventist Hospital & Clinic Services (M): Located in Georgetown, Penang, this home-grown, Malaysian-owned healthcare provider is investing RM300.0 million in modern facilities, cutting-edge technology and expanded specialist services to become a leading tertiary healthcare provider for the Malaysian community and international visitors.
SM01 Sdn. Bhd.: With an investment close to RM200.0 million,SM01 Sdn. Bhd. is a flagship solar project in Gurun, Kedah, under the Corporate Green Power Programme led by Japan’s Shizen Malaysia, with partners from Solarvest and HSS. Showcasing Malaysia–Japan collaboration, it advances ESG-focused green investments, delivering green energy to corporate offtaker through large-scale sustainable infrastructure.
Base Floating Solar Sdn. Bhd.: The company is responsible for designing, constructing and operating the Batang Ai Floating Solar Farm, the largest floating solar photovoltaic (FPV) installation in Sarawak, Malaysia, valued at RM184.6 million.

Manufacturing Sector Attracts RM68.4 Billion, Boosting High Value Jobs

Malaysia’s manufacturing sector secured RM68.4 billion or 36.0% in approved investments for 1H 2025. The approval of 518 projects is anticipated to yield 46,690 new job openings.

Notably, foreign investments (FI) accounted for 78.0% or RM53.3 billion of the total approved investments in the manufacturing sector, while domestic investments (DI) contributed RM15.1 billion (or 22.0%).

Encouragingly, the share of higher-skilled roles has been rising: the managerial, technical and supervisory (MTS) index climbed to 46.9%, from 42.7% a year earlier. This suggests slow but steady progress in moving up the value chain, a shift that will hinge on the continued upskilling of local talent and accelerating technology adoption.

Top Performing Industries

Chemical and chemical products: RM15.5 billion
Electrical and electronics (E&E): RM13.1 billion
Basic metal products: RM9.8 billion
Non-metallic mineral products: RM7.1 billion
Machinery and equipment: RM5.2 billion

Notable Manufacturing Projects Strengthen Malaysia’s Industrial Base

Pentamaster Technology (M) Sdn. Bhd. With an investment of RM1.8 billion, the company provides advanced automation manufacturing and technology solutions to high-value industries and is set to become the first Malaysian automation company to design and build advanced test equipment for next-generation semiconductor manufacturing globally.
QL Foods Sdn. Bhd.: A Perak-based agro-food company investing RM1.2 billion over the next ten years. Specialising in surimi and surimi-based products for both domestic and international markets, the company is also adopting sustainable practices and innovation to support Malaysia’s food security and export competitiveness.
Chipbond Technology Malaysia Sdn. Bhd.: RM1.0 billion wafer-level chip scale packaging (WLCSP) facility.
Altera Semiconductor Technology (M) Sdn. Bhd.: RM1.0 billion to manufacture field-programmable gate arrays (FPGAs) and other integrated circuits.
Hunan Yuneng New Energy Battery Material Co., Ltd.: Investing RM560.0 million in Phase 1 to establish a facility in Malaysia for the production of lithium battery cathode materials.
Singda Superalloy (Malaysia) Sdn. Bhd.: A Singapore-based high-tech company will invest about USD80 million (RM336.8 million) in Johor to build South-East Asia’s first superalloy manufacturing plant. The facility will produce high-performance superalloy materials for industries including aerospace, oil and gas, new energy, petrochemicals and automotive, creating more than 300 skilled local jobs.
NetZero Technology Sdn. Bhd.: RM340.0 million manufacturing facility in Kedah, producing insulation from recycled glass waste for energy-efficient construction.

Primary Sector Maintains Stability Amid Global Headwinds

The primary sector secured RM3.3 billion in approved investments across 17 projects, mainly in mining. The approved investments are dominated by domestic sources with RM1.8 billion (54.2%), while foreign sources contributed RM1.5 billion (45.8%).

Positive Outlook with Strong Pipeline of High-Impact Investments

From January to June 2025, MITI and MIDA undertook a total of six (6) Trade and Investment Missions (TIMs), two (2) of which were official visits led by the Prime Minister of Malaysia, YAB Dato’ Seri Anwar Ibrahim. These engagements covered the United Arab Emirates (UAE), the United Kingdom, Switzerland, India, Russia, Saudi Arabia, Singapore, and the United States of America, serving as platforms to strengthen bilateral ties and engage with prominent global business leaders.

Malaysia’s investment outlook remains resilient, supported by a steady flow of quality project proposals. As at 31 July 2025, MIDA is facilitating a solid pipeline of 385 potential projects, collectively valued at RM22.5 billion.

The services sector continues to lead the way, comprising 290 projects worth RM15.7 billion.
Meanwhile, the manufacturing sector maintains its strong showing with 95 projects valued at RM6.8 billion.

MIDA is also in active discussions for an additional RM103.8 billion worth of high-impact investment leads—signaling sustained investor interest and confidence in Malaysia’s pro-business policies and long-term economic direction.

High Implementation Rates Reinforce Malaysia’s Investment Credibility

Between 2021 to June 2025, the National Committee on Investment approved 3,883 manufacturing projects. Of these:

85.1% of projects (3,414) have been implemented, which includes full-scale production, factory construction, and machinery installation.
11.9% remain in the planning phase, focusing on critical activities such as site selection and developer consultations.
3.0% of projects were not implemented due to a change of commercial direction by the investor(s).

Implementation rates for specific periods reinforce this credibility:

Over 90% of manufacturing projects approved in 2021 until 2023 have been implemented.
83.5% of 2024’s and 49.6% of January – June 2025’s projects are already progressing, a commendable rate given the average lead time of 18 to 24 months typical for such developments.

Examples of implemented projects are provided in Appendix I.

Consistently high implementation rates signal not only investor trust and policy consistency, but also MIDA’s dedicated investor aftercare services and strong inter-agency collaboration.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of MIDA, said that Malaysia’s performance in attracting investments for the first half of 2025 is a clear sign of resilience, “Despite a tumultuous global economy, Malaysia’s economy expanded by 4.4% in the second quarter of 2025[3], and investment momentum is holding strong. This clearly reflects the depth of our fundamentals and the trust investors place in our long-term direction. At MIDA, our role is to make that journey from interest to implementation as smooth as possible.”

“Through the Invest Malaysia Facilitation Centre, we bring all the relevant agencies under one roof so decisions can be made quickly, bottlenecks removed, and projects get off the ground swiftly. It’s why over 85% of manufacturing projects approved since 2021 until June 2025 are already being implemented. Every day, we see how this approach helps investors turn plans into action, creating jobs, building capacity, and keeping Malaysia competitive even when global conditions are less than ideal. These are the times when our ability to deliver really counts, and the results in 1H 2025 show that we are delivering,” he added.

Malaysia’s strategic advantage lies in its commitment to strategic reforms, high-impact sectors, and investor facilitation, ensuring the country remains a preferred destination for quality investments for years to come.

[3] https://www.bnm.gov.my/-/qb25q2_bm_pr

***The End***

About MIDA

*Explainer: DOSM’s FDI and MIDA’s approved Foreign Investment (FI)

There has been some confusion on the term Foreign Direct Investment (FDI) as reported by the Department of Statistics Malaysia (DOSM), and the approved Foreign Investment (FI) data as captured by MIDA. To clarify, the Government has determined the use of these terms since December 2023, as follows:

MIDA reports on approved Foreign Investments (FI) – These represent proposed investment projects with foreign equity participation that have been granted licenses, incentives, permits, grants, soft loans, etc., by relevant Ministries and Agencies. They are measured based on CAPEX and OPEX, such as land, building, and resources. Approved FI reflects potential investments into the country which will be realised into actual inflows over a specified period, usually across multiple years. On average, 18-24 months is the typical duration to complete the required regulatory steps between approval and implementation, before projects get off the ground. The release of approved FI data serves as a forward-looking indicator of investor’s confidence, the strength of Malaysia’s investment prospects, and the key sectors attracting foreign investors.

DOSM reports on Foreign Direct Investment (FDI) – This figure refers to investments by non-residents via transactions of financial instruments, including equity, reinvestment of earnings and debt instruments (such as inter-company loans and advances, trade credits, etc.). For instance, if a foreign investor buys shares in a Malaysian company, this would be captured by DOSM’s FDI data. FDI statistics for Malaysia are compiled as part of the balance of payments, which is compiled based on the IMF’s BPM6 guidelines.

For further information, please refer to https://www.mida.gov.my/why-malaysia/investment-statistics/

For media enquiries please contact:

Ms. Fatmah Ahmad
Director of Corporate Communications Division
Malaysian Investment Development Authority (MIDA)
Email: [email protected] | DL: +603-2267 2428

Malaysia’s 1H 2025 Approved Investments Up By 18.7% Year-On-Year To RM190.3 Billion, Creating Over 89,000 New Jobs

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Penang, 18 August 2025 – UMediC Group Berhad (“UMC”) unveiled its massive expansion at Batu Kawan Industrial Park, on 15 August 2025. The expansion marks a doubling of the company’s manufacturing capacity. The new facility adds 20,000 square feet of production space to their existing 30,000-square-foot operation. This growth represents a major commitment to Malaysia’s healthcare future.

The expansion includes three major components:

UMC Healthcare Centre
Rescue Medic Ambulance Services
UMC Learning Centre

The launch ceremony was officiated by YB Daniel Gooi Zi Sen, Penang State Executive Councillor for Youth, Sports, and Health. He was joined by distinguished guests, including YB Goh Choon Aik, State Assemblyman (ADUN) for Bukit Tambun and Mr. Muhammad Ghaddaffi Sardar Mohamed, Director of MIDA Penang, along with senior representatives from Invest Penang.

In his speech, YB Daniel Gooi Zi Sen, Penang State Executive Councillor for Youth, Sports, and Health, stated, “Today, we witness a homegrown success story – a company that started with a vision, perseverance and dedication, now recognised as one of Malaysia’s top medical device companies. UMC’s success brings pride to Penang, bring our economy and enhances our nation’s global reputation.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of the Malaysian Investment Development Authority (MIDA), praised the expansion, “This achievement reflects UMC’s strong vision and commitment to moving up the value chain, in line with national strategies such as the New Industrial Master Plan 2030 to drive innovation, diversification and high-value offerings. UMC’s evolution from a leading medical device manufacturer into an integrated healthcare provider, leveraging advanced medical technologies, digitalisation and R&D while expanding into training centres and ambulance services, not only strengthens its market position but also enhances Malaysia’s capabilities in the medical technology and services sectors, supporting the growth and resilience of our healthcare ecosystem.”

UMC’s core business is supported by robust manufacturing capabilities and a dedicated Research & Development team. The company produces essential devices such as prefilled humidifiers, prefilled nebulisers, and asthma spacers, which are exported to approximately 40 different countries worldwide. Notably, UMC is the first company globally to obtain Halal certification for its prefilled humidifier, a testament to its innovation and adherence to quality standards. The new state-of-the-art ISO 5 cleanroom, with high-precision blow-fil-seal machinery, further reinforces its position as a global-ready medical manufacturer.

Beyond manufacturing, UMC also plays a vital role in the distribution of critical life-support medical and laboratory devices carrying global well-known brands such as Philips, GE and AliveDx. With the new facilities, UMC’s offerings now include medical training, ambulance services, and the operation of healthcare centres, creating a comprehensive, integrated healthy supply chain.

Mr. Eric Lim Taw Seong, CEO of UMC, maintains that the group of companies will continue to expand its coverage and offerings in different areas of the healthcare industry, in line with our vision, which is to provide an integrated healthcare supply chain with advanced technology, which ultimately improves the quality of human life.

The launch ceremony was highlighted by a showcase of Rescue Medic Ambulance Services, free basic health screenings, a facility and plant tour, and live demonstrations of UMC’s cutting-edge medical devices.

From left to right-Dato’ Seri Ng Chai Eng, Chairman of UMediC Group Berhad and CEO of UWC Berhad; Dato’ Loo Lee Lian, CEO of InvestPenang; Y YB Goh Choon Aik, ADUN Bukit Tambun, Pulau Pinang; YB Daniel Gooi Zi Sen, Penang State EXCO for Youth, Sports and Health;Mr. Eric Lim Taw Seong, CEO of UMediC Group Berhad; Mr. Muhammad Ghaddaffi Sardar Mohamed, Director of MIDA Penang;Dato’ Lau Chee Kheong, COO/Executive Director/Co-Founder at UWC Holdings Sdn Bhd.

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About MIDA

About UMediC Group Berhad

UMediC Group Berhad (“UMC”) is an investment holding company. Through its subsidiaries, UMC is involved in the manufacturing, marketing and distribution of various medical & laboratory devices and consumables as well as the provision of after-sales services and medical services. UMC is a homegrown own-brand manufacturer for HYDROX prefilled humidifiers, AIRDROX series inhaler spacers and the recent introduction of its HYDROX prefilled nebulizers and FLEXIDROX water bag for inhalation. The HYDROX prefilled humidifiers hold Halal and Conformité Européenne (CE) certifications. Now, UMediC is expanding beyond product manufacturing and distribution to build a comprehensive healthcare ecosystem with the launch of the UMC Healthcare Centre, Rescue Medic Ambulance Services, and UMC Learning Centre.

For media enquiries, please contact:

MIDA
Ms. Wahida Abdul Rahman
Director, Healthcare, Education & Hospitality Division
No.: +603-2267 6622| Email: [email protected]

UMediC Group Berhad
Ng Sze Hui
Legal Compliance Advisor
Email: [email protected]
Tel: 04-589 9676

UMedic Group Expands Operation In Malaysia, Reflects Growing Confidence In Malaysia’s Healthcare Industry

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The 209,000 square foot office space is designed to host over 1,200 employees and include a state-of-the-art engineering lab space to support semiconductor design

Penang – August 14, 2025 – AMD (NASDAQ: AMD) today inaugurated its new state-of-the-art office and engineering lab facility in Bayan Lepas, Penang. This marks a significant milestone in AMD’s commitment to expanding its global business services and engineering presence in Malaysia.

The new office at GBS by the Sea, spans 209,000 square feet and is designed to support over 1,200 employees. It features open workspaces and state-of-the-art engineering labs to drive advances in semiconductor design.

The launch was inaugurated by YAB Tuan Chow Kon Yeow, the Chief Minister of Penang, in the presence of Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer (CEO), Malaysian Investment Development Authority (MIDA), Keivan Keshvari, Senior Vice President, Global Operations, AMD and Chuang-Li Khoo, Penang Site Lead, AMD.

YAB Tuan Chow Kon Yeow, Chief Minister of Penang, said, “As AMD celebrates its over five decades presence in Penang, this milestone stands as a strong testament to Penang’s position as a sustainable and thriving investment destination, where companies not only establish a foothold, but also grow and flourish.” He added, “As global trends shift rapidly toward frontier technologies such as AI, the Penang State Government, via InvestPenang, remains committed to supporting forward-looking investors like AMD in these transformative fields.”

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, MIDA CEO said, “AMD’s new facility in Penang is a testament to the enduring and evolving partnership between Malaysia and a global technology leader. From our initial collaboration in manufacturing five decades ago to this significant investment in integrated circuit (IC) design and high-value services, AMD’s journey mirrors Malaysia’s own progression up the semiconductor value chain. By anchoring R&D and advanced capabilities here, AMD is not only creating high-quality jobs but also fostering a dynamic ecosystem where local talent and firms can thrive alongside global innovators.” He added, “Aligned with our New Industrial Master Plan 2030, the National Semiconductor Strategy and the 13 th Malaysia Plan, MIDA is proud to have supported AMD’s strategic growth in Malaysia and looks forward to continuing this shared journey of innovation with AMD for many
years to come”.

Keivan Keshvari, Senior Vice President of Global Operations, AMD, said, “The opening of this advanced facility underlines AMD’s long-term commitment to Malaysia’s thriving semiconductor ecosystem. This new office will enable us to develop, build, and deliver the next generation of high-performance, adaptive and AI computing solutions across the AMD portfolio while supporting Malaysia’s continued growth as a hub for technological innovation.”

Chuang-Li Khoo, Penang Site Lead, AMD, said, “I am very proud of the space we have built here. We started our operations in 2002, with the foundation of the Accounting and Finance Service operations in Penang. 23 years later, we celebrate a new chapter for AMD in Malaysia with the inauguration of our new office at GBS by the Sea, expanding our presence across global business services and engineering. This
facility is designed to enable our teams to grow, collaborate, and deliver world-class solutions from a world-class workspace, reinforcing our commitment to Penang as a hub for talent, innovation, and excellence.”

The new office reinforces AMD’s long-standing presence in Malaysia and reflects the company’s confidence in the region’s talent and potential. With expanded capabilities and a focus on innovation, the Penang facility will play a key role in supporting AMD growth while contributing meaningfully to Malaysia’s semiconductor ecosystem.

From left to right-Dato’ Loo Lee Lian, Invest Penang CEO; Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, MIDA CEO; YAB Tuan Chow Kon Yeow, Chief Minister of Penang; Keivan Keshvari SVP, Global Operations, AMD Global Operations & Quality; Khoo Chuang Li, Senior Director Finance, AMD Penang Site Lead

*****

About MIDA

About InvestPenang

InvestPenang is the Penang State Government’s principal agency for the promotion of investment. Its objectives are to develop and sustain Penang’s economy by enhancing and continuously supporting business activities in the State through foreign and local investments, including spawning viable new growth centers. To realise its objectives, InvestPenang also runs initiatives like the SMART Penang Center (providing assistance to SMEs), Penang CAT Center (for talent attraction and retention), and Global Business Services (GBS) Focus Group (promoting and developing digital economy) and Penang Silicon Design @5km+ (establishing a unique and interconnected ecosystem for IC design and technology enterprises). For more information, please visit https://investpenang.gov.my/ and follow InvestPenang’s social media channels: Facebook; LinkedIn; WhatsApp Channel and TikTok.

About AMD

For more than 55 years, AMD has driven innovation in high-performance computing, graphics and visualization technologies. Billions of people, leading Fortune 500 businesses and cutting-edge scientific research institutions around the world rely on AMD technology daily to improve how they live, work and play. AMD employees are focused on building leadership high-performance and adaptive products that push the boundaries of what is possible. For more information about how AMD is enabling today and inspiring tomorrow, visit the AMD (NASDAQ: AMD) website, blog, LinkedIn, Facebook and X pages.

For media enquiries, please contact:

MIDA
Mr. Mazlan Mokhtar
Director,
Electrical and Electronics Division
Tel: +603-2267 6655
Email: [email protected]

InvestPenang
Elaine Cheah
Communications & Business Intelligence
Tel: +604-646 8833
Email: [email protected]

AMD
Anita George
Corporate Communications, APJ
Tel: + 91-7799992478
Email: [email protected]

AMD Expands R&D Footprint with State-Of-The-Art Malaysian Facility

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Agilent’s state-of-the-art facility in Penang received recognition by the World Economic Forum, solidifying Malaysia’s position as a leader in advanced manufacturing

KUALA LUMPUR, Malaysia, 14 August 2025 — Agilent Technologies Inc. (NYSE: A) today celebrated a landmark achievement as its smart factory in Penang was recognised as a global leader in the Fourth Industrial Revolution (4IR) by the World Economic Forum and McKinsey & Company. The accolade honours factories worldwide that demonstrate exceptional performance in productivity, supply chain resilience, and talent development through the adoption of advanced technologies.

Leveraging artificial intelligence (AI) and advanced digital technologies, Agilent Penang has increased overall productivity by 40%, reduced delivery lead times by 48%, and a significantly reduction in environmental impact. These advancements have enhanced agility in meeting changing market demands while equipping its workforce with AI-ready skills. Agilent’s Penang facility is now one of only two (2) factories in Malaysia to be named by the Forum, firmly placing the state on the global map for advanced manufacturing excellence.

YAB Tuan Chow Kon Yeow, Chief Minister of Penang, said, “I am especially proud that both Malaysian Lighthouse sites are located in Penang, a reflection of the state’s readiness to embrace Industry 4.0 and its rising prominence as a national benchmark for smart manufacturing excellence.” He added, “Agilent balances technological advancement with environmental and social responsibility, making its Penang’s site a true model for Smart Factory development in Malaysia.”

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of the Malaysian Investment Development Authority (MIDA), expressed, “We extend our heartfelt congratulations to Agilent for this prestigious recognition as a World Economic Forum Global Lighthouse – a milestone that reinforces Malaysia’s growing reputation as a hub for advanced manufacturing and smart industry. We applaud Agilent’s significant role as one of the enablers and accelerators for the entire semiconductor value chain in the country. The National Semiconductor Strategy strengthens the overall industrial ecosystem by advancing skills, research, and infrastructure, which in turn supports high-value companies like Agilent and helps the semiconductor sector grow more resilient. Together with the New Industrial Master Plan 2030 and the 13th Malaysia Plan, these national efforts are being translated into real, measurable impact. MIDA is proud to have supported Agilent’s journey as we collectively position Malaysia at the forefront of global industrial leadership.”

“Embracing human-machine collaboration for industries to augment human capabilities introduces great new possibilities in navigating evolving market landscapes. At Agilent, we are proud to contribute to Penang’s continuous economic growth by driving innovation, world-class manufacturing, and investing in high-value skills.” Said Chow Woai Sheng, President for Order Fulfillment and Supply Chain (Interim) and Vice President for Global Instrument Manufacturing at Agilent.

Central to Agilent’s 4IR transformation is a digital training programme that has successfully upskilled 88% of its local workforce, equipping employees to lead the next chapter of sustainable manufacturing. As the company advances the application of AI in producing life sciences instruments, Agilent continues to collaborate with Malaysia’s scientific community to accelerate discoveries and improve quality of life worldwide.

From left to right-Lim Oon Pin (OP), Associate Vice President of Agilent Penang Factory; Dato’ Loo Lee Lian, CEO, InvestPenang; YBhg Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO, MIDA; YAB Tuan Chow Kon Yeow, Chief Minister of Penang; Chow Woai Sheng, President of OFS (interim) and VP of Global Instrument Manufacturing; Bharat Bhardwaj, Vice President of Sales, APAC; Chai Meng Fee, Associate Vice President of Instrument Design Center and Country General Manager

*****

About MIDA

About InvestPenang

About the Global Lighthouse Network

Launched in 2018, the Global Lighthouse Network brings together and celebrates the success of the world’s leading industrial sites which achieved exceptional performance in productivity, supply chain resilience, customer centricity, sustainability and talent. This global community of influential innovators, deploying over 1,000 solutions in multiple industries, includes 189 sites, 25 of which are Sustainability Lighthouses. The network now spans over 30 countries and 35 sectors. The initiative was co-founded by the World Economic Forum and Mckinsey & Company. Learn more at WEForum.org.

About Agilent Technologies

Agilent Technologies Inc. (NYSE: A) is a global leader in analytical and clinical laboratory technologies, delivering insights and innovation that help our customers bring great science to life. Agilent’s full range of solutions includes instruments, software, services, and expertise that provide trusted answers to our customers’ most challenging questions. The company generated revenue of $6.51 billion in fiscal year 2024 and employs approximately 18,000 people worldwide. Information about Agilent is available at www.agilent.com. To receive the latest Agilent news, subscribe to the Agilent Newsroom. Follow Agilent on LinkedIn and Facebook.

For media enquiries, please contact:

MIDA
Mr. Mazlan Mokhtar
Director,
Electrical and Electronics Division
Tel: +603-2267 6655
Email: [email protected]

InvestPenang
Communications & Business Intelligence
Elaine Cheah / Arief Ferdaus
T: +604-646 8833
E: [email protected] / [email protected]

Agilent Technologies
Media Relations, South Asia and Korea
Grace Thong
T: +65 9688 2152
E: [email protected]

Agilent Puts Malaysia On The Global Map For Industry 4.0 Excellence

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Expansion Strengthens Global Supply Chain and Boosts Southeast Asian Presence

PENANG, Malaysia, 11 Aug 2025 – Vivax-Metrotech Corporation (VXMT), a global leader in advanced utility locating and inspection technologies, has announced the establishment of a new manufacturing facility in Penang. The investment, valued at RM48 million will create 175 high-skilled jobs and enhance the company’s production capacity to support accelerating global demand.

The new facility features 16 assembly production lines and specialised clean room operations. This technological infrastructure enables the company to manufacture a range of precision technologies used in telecommunications, water, gas, and electrical utilities. This expansion strengthens Vivax-Metrotech’s global supply chain while reinforcing its presence in Southeast Asia.

“This investment by Vivax-Metrotech Corporation comes at the perfect time as Malaysia strengthens its high-tech manufacturing capabilities,” says Datuk Sikh Shamsul Ibrahim bin Sikh Abdul Majid, Chief Executive Officer of the Malaysian Investment Development Authority (MIDA). “Their commitment aligns with the 13th Malaysia Plan, supporting the goals of the New Industrial Master Plan 2030. Beyond the RM48 million investment, what excites us most is how Vivax-Metrotech will create 175 quality jobs for Malaysians while helping build our advanced electronics ecosystem. MIDA will continue to facilitate Vivax-Metrotech’s growth in Malaysia, ensuring they have the support needed to expand their operations and contribute to our industrial development.”

Christian Stolz, CEO and Chairman of Vivax-Metrotech Corporation, said, “Malaysia’s proven track record in attracting leading high-technology companies combined with its forward-looking talent pool, exceptional commitment to quality and a strategic location made it a well-suited choice for expanding our manufacturing operations in South-East Asia.”

Mark Drew, President of Vivax-Metrotech Corporation, added, “Expanding manufacturing plays a crucial role in supporting our sales growth and strengthens our global supply chain resilience.”

Liming Zhang, General Manager of Vivax-Metrotech Shanghai Factory, noted, “Our priority is the ensure the Malaysian site operates seamlessly alongside our existing regional operations. With shared expertise, aligned processes and a strong foundation in precision manufacturing, this expansion reinforces our ability to deliver consistently and operate with the reliability our customers expect.”

This investment represents a key milestone in Vivax-Metrotech Corporation’s international growth strategy. With its second manufacturing facility now operational in Malaysia, the company is well-positioned to meet rising global demand while contributing meaningfully to Malaysia’s vision of becoming a high-value, innovation-driven industrial economy.

*****

About MIDA

About Vivax-Metrotech Corporation

Vivax-Metrotech is a leading provider of innovative solutions for locating, inspecting, and mapping underground utilities. With decades of experience and a global footprint, the company delivers cutting-edge technologies that empower utility professionals worldwide to work safely and efficiently.

For media enquiries, please contact:

MIDA
Mr. Mazlan Mokhtar
Director,
Electrical and Electronics Division
Tel: +603-2267 6655
Email: [email protected]

Vivax-Metrotech Corporation
Mark Drew
President of Vivax-Metrotech
Email: [email protected]

Vivax-Metrotech’s State-Of-The-Art Facility Creates 175 Tech Jobs In Penang

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NEGERI SEMBILAN, 8 AUGUST 2025 – Leading Chinese battery manufacturer Hunan Yuneng New Energy Battery Material Co., Ltd. (“Hunan Yuneng”) has officially committed to establishing its first Southeast Asian manufacturing facility in Malaysia. The company signed a Memorandum of Understanding (MoU) with Invest Negeri Sembilan and SPD Tech Valley Sdn. Bhd. on August 7, 2025, marking a significant milestone in Malaysia’s growing clean energy sector.

The new state-of-the-art manufacturing facility in Malaysia will be dedicated primarily to producing lithium battery cathode materials. This project represents Hunan Yuneng’s inaugural presence in Malaysia and expected to create over 200 new job opportunities, demonstrating the company’s commitment to Malaysia’s continuous economic development

The MoU was formally signed between YBhg. Dato’ Hj. Najmuddin Sharif Bin Sarimon, Chief Operating Officer of Invest NS, Mr. Liang Kai, Deputy CEO of Hunan Yuneng and Mr. Ten Wee Seong, CEO of SPD Tech Valley. The signing ceremony was witnessed by YAB Dato’ Seri Utama Haji Aminuddin Bin Harun, Menteri Besar Negeri Sembilan, highlighting the strategic significance of this collaboration.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO of the Malaysian Investment Development Authority (MIDA), said, ” This MoU marks a significant milestone that aligns perfectly with Malaysia’s long-term industrial transformation plans under the Thirteenth Malaysia Plan and the New Industrial Master Plan 2030. We’ve identified sustainability, innovation, and advanced technology as key pillars driving our nation’s growth, and this investment by the company aligns strongly with all these priorities. MIDA stands ready to support this project with our full range of facilitation services and ecosystem development initiatives. Having Hunan Yuneng’s technical expertise, combined with strong local partnerships, puts Malaysia in an excellent position to strengthen our global clean energy value chain.”

Mr. Liang Kai, Deputy CEO of Hunan Yuneng, said, “Malaysia has successfully drawn a growing cluster of Chinese enterprises across the entire new-energy battery industry to establish operations. The forthcoming Malaysian facility will serve as Hunan Yuneng’s strategic springboard for expanding throughout Southeast Asia. Hunan Yuneng’s participation will materially strengthen Malaysia’s new-energy battery ecosystem, elevating the nation’s position as a comprehensive industry hub in the region.”

In Q12025, Malaysia approved RM89.8 billion in investments, with the manufacturing sector accounting for RM30.5 billion. Notably, the chemicals and chemical products sub-sector attracted RM4.2 billion, ranking third among contributors to manufacturing investment – a trend that underscores investor confidence in Malaysia’s industrial diversification.

From left to right – Yang Berusaha Mr. Ten Wee SeongChief Executive Officer, Seri Pajam Development Group; Yang Berbahagia Dato’ Haji Najmuddin Sharif Bin Sarimon,Chief Executive Officer, Invest Negeri Sembilan; Yang Berhormat Dato’ Mohd Zafir Bin Ibrahim State Government Secretary, Negeri Sembilan; Yang Amat Berhormat Dato’ Seri Utama Haji Aminuddin Bin Haji Harun Menteri Besar of Negeri Sembilan;Yang Berusaha Mr. Liang KaiDeputy Chief Executive Officer, Hunan Yuneng New Energy Material Company, Limited; Yang Berhormat Tuan Teo Kok Seong EXCO of Investment and Non-Muslim Affairs, Negeri Sembilan; Yang Berusaha Ms. Surayu Susah Executive Director Manufacturing Development (Resource), MIDA; Yang Berusaha Mr. Ma Guodong Chief Investment Officer, Hunan Yuneng New Energy Battery Material Company, Limited; *Yang Berusaha Mr. Zhou Zhihui Deputy General Manager, Hunan Yuneng New Energy Battery Material Company, Limited;* *Yang Berbahagia Dato’ Ten Ah Man Group Executive Chairman, Seri Pajam Development Group*

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About MIDA
The Malaysian Investment Development Authority (MIDA) is the government’s principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 21 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit www.mida.gov.my and follow us on X, Instagram, Facebook, LinkedIn, TikTok and YouTube channel.

About Hunan Yuneng
Founded in 2016, Hunan Yuneng is headquartered in Hunan, China and quoted in Shenzhen Stock Exchange with stock code 301358. Hunan Yuneng principally engaged in the research and development, production and sales of lithium-ion battery positive electrode materials. The Company’s main products include lithium iron phosphate and other lithium-ion battery positive electrode materials, which are mainly used in lithium-ion batteries such as power batteries and energy storage batteries.

For media enquiries, please contact:

MIDA
Puan Siti Halimaton Mohd. Rejab
Director, Chemical and Advanced Materials Division
Email: [email protected]
Tel.: +603-2267 6701

Hunan Yuneng
Mr. Flynn Ma
Director of Hunan Yuneng New Energy Battery Material Co., Ltd.
Email: [email protected]

Hunan Yuneng Chooses Malaysia for its South East Asian lithium Battery Manufacturing Hub

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Strategic Partnership Targets Investments in Semiconductor, EV, and Green Technology Sectors

Kuala Lumpur, Malaysia, 8 August 2025 –The Malaysian Investment Development Authority (MIDA) and global banking subsidiary MUFG Bank (Malaysia) Berhad yesterday announced a ground-breaking partnership to accelerate high-value investments in Malaysia. The MoU agreement focuses on attracting global investment in semiconductors, specialty chemicals, aerospace, pharmaceuticals, medical devices, electric vehicles, digital sectors, and green technology. This partnership marks a significant milestone in Malaysia’s journey towards becoming a leading innovation hub in Southeast Asia.

The collaboration comes at a crucial time for Malaysia’s economic transformation in light of the recent 13th Malaysia Plan announced last week.

The Chief Executive Officer (CEO) of MIDA, Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, emphasised the partnership’s role in strengthening Malaysia-Japan economic ties. “We are pleased to formalise our partnership with MUFG Bank (Malaysia) through this MOU, which aims to further strengthen and deepen Malaysia-Japan economic collaboration. This strategic alliance will actively promote investment opportunities in high- value and competitive sectors by facilitating bilateral investments. By leveraging our extensive business networks and ecosystems, we seek to foster joint ventures and strategic partnerships between Malaysian and Japanese companies.”

“We will also work together to position Malaysia as a welcoming destination for Japanese investors, including through events and outreach activities that support mutual engagement. This MOU is a milestone in enhancing the economic ties between Malaysia and Japan, reinforcing our commitment to sustainable industrial growth and bilateral prosperity,” he further added.

Motohide Okuda, CEO and Country Head of MUFG Malaysia, said, “MUFG is honoured to mark this significant milestone with MIDA. This MoU reflects a shared vision to support Malaysia’s economic growth by leveraging on our global network to promote high quality inbound investments from our global and Japanese corporates and further contribute to the sustainable development and long-term success of Malaysia.”

“We are especially grateful to Datuk Sikh Shamsul, CEO of MIDA, for his continuous support and proactive engagement through other MUFG platforms such as MUFG N0W (Net Zero World) which was held in Sarawak on 20 March 2025 and MUFG’s Semiconductor Seminar, in Penang, on 29 July 2025. His insights have been instrumental in helping businesses understand Malaysia’s evolving investment landscape and exemplify how public-private collaboration can drive inclusive growth and build a resilient, future-
ready economy aligned to national priorities.”

The MoU signing was witnessed by MUFG Chairman, Kanetsugu Mike.

Left to right: Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO of MIDA, Kanetsugu Mike,

Chairman of MUFG and Motohide Okuda, CEO and Country Head of Malaysia.

-END-

About MIDA
The Malaysian Investment Development Authority (MIDA) is the government’s principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI). MIDA oversees and drives investments into Malaysia’s manufacturing and services sectors. Headquartered in Kuala Lumpur Sentral, MIDA operates through 12 regional and 21 overseas offices, serving as a strategic partner to businesses in leveraging opportunities from the ongoing technological revolution. For more information, please visit www.mida.gov.my and follow us on X, Instagram, Facebook, LinkedIn, TikTok, and YouTube.

About MUFG
Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world’s leading financial groups.
Headquartered in Tokyo and with over 360 years of history, MUFG has a global network with
approximately 2,000 locations in more than 40 markets. The Group has about 140,000 employees
and offers services including commercial banking, trust banking, securities, credit cards, consumer
finance, asset management, and leasing.

The Group aims to “be the world’s most trusted financial group” through close collaboration among
our operating companies and flexibly respond to all of the financial needs of our customers, serving
society, and fostering shared and sustainable growth for a better world. MUFG’s shares trade on
the Tokyo, Nagoya, and New York stock exchanges.

MUFG Bank, Ltd. is Japan’s premier bank, with a global network spanning more than 40 markets.
Outside of Japan, the bank offers an extensive scope of commercial and investment banking
products and services to businesses, governments and individuals worldwide.

In Asia Pacific, MUFG has presence across Australia, Bangladesh, Cambodia, China, Hong Kong,
Indonesia, India, South Korea, Laos, Malaysia, Myanmar, New Zealand, Pakistan, Philippines,
Singapore, Sri Lanka, Taiwan, Thailand and Vietnam.

It has also formed strategic partnerships with some of the most prominent banks in South-east
Asia, further augmenting its unrivalled network across the region – VietinBank in Vietnam, Krungsri
in Thailand, Security Bank in the Philippines and Bank Danamon in Indonesia.

For more information about our Asia Pacific network, click here

About MUFG Bank (Malaysia) Berhad

MUFG Bank (Malaysia) Berhad (MUFG) is a subsidiary of Mitsubishi UFJ Financial Group.
MUFG’s presence in Malaysia dates back to 1957 and has since established long-term client
relationships comprising local, global, and Japanese corporates. The bank has branches in Kuala
Lumpur and Labuan.

In 2008, MUFG established an Islamic banking arm, the first Japanese bank to do so in Malaysia,
and has contributed to industry milestones such as the launch of the world’s first Yen-denominated
Sukuk. Through its twin hub located out of the Dubai International Financial Centre (DIFC), and in
tandem with consolidated group subsidiary PT Bank Danamon Indonesia’s Islamic banking entity,
MUFG currently provides a comprehensive suite of Shariah-compliant banking products and
advisory services in Asia Pacific and globally.

MUFG is also a firm supporter of Malaysia’s renewable energy hub aspirations and pivot towards
critical industry sectors, having hosted public engagement sessions such as the flagship MUFG
N0W (Net Zero World) regional thought leadership event and a MUFG semiconductor conference
in Sarawak and Penang respectively. MUFG Malaysia was twice awarded Best Sustainable Bank
(International) by FinanceAsia in 2023 and 2024.

For media enquiries, please contact:

MIDA
Ms. Lim Ming Yee
Director, Foreign Investment Division
No.: +603-2267 3762 | Email: [email protected]

About MUFG Bank (Malaysia) Berhad
Ms. Valerie Vu
Corporate Communications
MUFG Bank (Malaysia) Berhad
Email: [email protected]

MIDA and MUFG Bank Partner to Drive Malaysia’s Innovation Economy

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PENANG- SAXONBURG, Pa., 29 JULY 2025 – Coherent Corp. (NYSE: COHR), a global leader in photonics, today announced the opening of its new Datacom Research and Development Center in Penang. This expansion underscores the company’s strategic commitment to serving its rapidly growing global markets.

The launching ceremony was attended by Government Officials such as the Chief Executive Officer (CEO) of the Malaysian Investment Development Authority (MIDA), Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid; CEO of Invest Penang, Dato’ Loo Lee Lian; Chief People Officer, Coherent Corporation, Ms. Grace Lee and as well as other Coherent personnel.

Situated at Menara IJM Land, the Penang R&D Center joins the company’s expanding network in Malaysia, complementing its larger manufacturing sites in Ipoh, Perak and Perai, Penang, further maximising transceiver supply from Malaysian factories.

MIDA CEO Datuk Shamsul Ibrahim highlighted the strategic alignment between Coherent’s expansion and Malaysia’s semiconductor ambitions, “The National Semiconductor Strategy (NSS), introduced in 2024, lays out Malaysia’s plan to strengthen its position in the global semiconductor supply chain. One of the NSS’s core priorities is supporting high-value R&D and advanced technologies — exactly the kind of work Coherent is doing here in Penang. The strategy also aims to deepen Malaysia’s local capabilities in areas like chip packaging, photonics, and silicon technologies, creating the kind of ecosystem that benefits global innovators. As Coherent develops next-generation optical transceiver technologies at this new facility, it stands to gain from the strong pipeline of talent being built through the NSS. MIDA is committed to supporting Coherent’s journey not only in the past and present, but well into the future.”

“Coherent Malaysia takes pride in how strategically we are positioned to support the company’s overall growth. Our successful establishment over nearly 25 years has played a critical role in strengthening our global value chain through ongoing expansion plans, and we are confident that our footprint in Penang will spearhead innovation in advanced photonics technology,” said Jimmy Ling, Vice President and Managing Director of Coherent Malaysia.

Meanwhile, Jimmy Wu, Vice President of Engineering, Asia R&D expressed, “Penang is an ideal location, thanks to its well-established high-tech industry and a strong pool of technical talent capable of supporting our R&D growth plans.”

The new center comes equipped with impressive capabilities that put it at the forefront of optical technology:

Next-generation silicon photonics solutions for optical transceivers
Advanced development facilities for 400G, 800G, and 1.6T optical transceiver modules
Specialised testing environments for AI and cloud computing applications

This expansion strengthens Coherent’s ability to serve its global markets while creating valuable connections between its manufacturing sites in Ipoh, Perak and Perai, Penang and its R&D operations in Shanghai.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, MIDA Chief Executive Officer

COHERENT MALAYSIA’S FIRST DATACOM R&D CENTER IN PENANG

– End –

About MIDA

About Coherent

Coherent is the global photonics leader. We harness photons to drive innovation. Industry leaders in the datacenter, communications, and industrial markets rely on Coherent’s world-leading technology to fuel their own innovation and growth.Founded in 1971 and operating in more than 20 countries, Coherent brings the industry’s broadest, deepest technology stack; unmatched supply chain resilience; and global scale to help its customers solve their toughest technology challenges. For more information, please visit us at coherent.com.

About Coherent Malaysia

Coherent Malaysia began operations through the incorporation of Finisar Malaysia in 2001, following the acquisition of a 640,000 sq. ft. manufacturing facility in Chemor, Perak. The primary objective of this initial capital investment was to establish an assembly and test site outside the United States, focused on manufacturing optical components, transceivers, and wavelength management equipment. Today, the Ipoh and Perai sites, which are home to over 6,000 employees, are strategically positioned for future growth. They play a critical role in strengthening our global value chain through ongoing expansion plans. These include the design, development, and manufacturing of optoelectronic signal converters (800G), Coherent modules, and reconfigurable optical add/drop multiplexers (ROADMs). Since our inception, Coherent Malaysia’s total capital investment has reached MYR 1.2 billion. In June 2024, we expanded our manufacturing operations in Perai, while in 2023, we began establishing the Penang R&D Center to spearhead innovation in advanced photonics and precision technologies.

For media enquiries, please contact:

Mr. Mohd Mazlan Mokhtar
Director, Electrical and Electronics Division, MIDA
E: [email protected] DL: 0322676655

Amy Wilson
Manager, Corporate Communications
[email protected]

Jimmy Ling
Vice President and Managing Director
[email protected] | +60 16-553 3212

Maggie Shi
Engineering Director, Penang R&D
[email protected] | +60 11-127 05920

Zaiem Meah
HR Director
[email protected] | +60 16-400 9755

Coherent Corp. Launches Coherent Malaysia’s First Datacom R&D Center in Penang, Advancing Optical Transceiver Technology for Ai and Cloud Computing

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IPOH, Perak, 25 July 2025 – Chemical Industries (Malaya) Sdn. Bhd. (CIM), a subsidiary of public-listed Hexza Corporation Berhad, today inaugurated its state- of-the-art corn-based ethanol production facility in Persiaran Tasek, Ipoh, marking a significant milestone in the company’s growth and innovation journey. The new plant exemplifies CIM’s unwavering commitment to quality, sustainability, and the advancement of its operations through modern, circular production methods.

In a strategic shift from molasses to corn as its primary feedstock, CIM now produces ethanol through natural fermentation and distillation using high-quality corn. A key byproduct of this process – Distiller’s Dried Grains with Solubles (DDGS) – is repurposed into high-value livestock feed, reinforcing CIM’s adoption of circular economy principles. This makes CIM the first manufacturer and supplier of locally produced DDGS in Malaysia, supporting both food security and sustainable agriculture.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, emphasised, “The launch of Chemical Industries (Malaya)’s corn-based ethanol facility, exemplifies how circular economy principles can be turned into real economic value, optimising agricultural resources while creating new, high-impact downstream industries such as Distiller’s Dried Grains with Solubles (DDGS) for livestock feed. It strengthens Malaysia’s bio-based value chain, reduces import dependencies, and opens new frontiers for sustainable industrial growth. At MIDA, we welcome such practical investments that support our vision of building a more sustainable manufacturing sector while creating valuable opportunities for our agricultural communities.”

Tuan Haji Mohamad Hashim, Chief Executive Officer of InvestPerak, said, “Chemical Industries (Malaya) has had a long-standing presence in Perak and we are pleased to witness their continued confidence in the state through this latest expansion into corn-based ethanol production. This new facility not only reflects CIM’s commitment to innovation and sustainability but also reinforces Perak’s position as a preferred destination for high-value and future-ready investments. The launch of this plant signifies how strategic investments in bio-based industries can contribute meaningfully to the state’s industrial growth, job creation and advancement of a circular economy.”

Mr. Foong Leon Chiew, Executive Director of Hexza Corporation Bhd., said “This corn-based ethanol plant is an important milestone and strategic investment for CIM. It reinforces our position as the leading producer and supplier of ethanol and DDGS in Malaysia, and our strong commitment to sustainable production.”

CIM’s new facility is designed with high environmental, social, and governance (ESG) standards in mind, focusing on minimal waste, responsible sourcing and reinvestment into the local community to ensure long-term sustainable development.

CIM has a rich legacy as Malaysia’s first ethanol producer, having commenced operations in 1962. The company offers a wide range of ethanol products, from 96% to absolute ethanol, meeting the needs of diverse ethanol end-users. Its product portfolio also includes natural vinegar (through wholly owned subsidiary Bio-Acetic Products Sdn. Bhd.) and now DDGS, further diversifying its market reach.

Throughout its history, CIM has remained a benchmark for quality and compliance. In 1994, it became one of the first in the sector to achieve prestigious MS:ISO9002 certification, in accordance with the British Pharmacopoeia standards. This dedication to excellence has earned CIM a solid reputation as a trusted and reliable industrial partner across Malaysia and beyond.

– End –

About MIDA

About Invest Perak

Perak Investment Management Centre (PIMC) also known as InvestPerak, was established in January 2006 to serve as the ‘First Point of Contact for Investors’ in the manufacturing and services sectors in Perak. It primarily acts as the principal investment promotion agency of the Perak State Government and reports directly to the YAB Menteri Besar Perak. Perak State Government have mandated InvestPerak as secretariat for Centre of Investment (COI), which empowered the function of InvestPerak as facilitator in assisting investors to invest in Perak. COI@InvestPerak have the authority to issue ‘Fast-Track Letter’ for strategic projects, which put the investment projects as a priority for all relevant agencies in their approval process.

For media enquiries, please contact:

Ms. Wan Hariati Wan Salleh
Sr. Deputy Director,
Food Technology & Resource Based Industries Division
MIDA,
Tel: +603-2267 6654
Email: [email protected]

Ms. Lim See Cheng
Deputy General Manager
Tel: +605-291 3128
Email: [email protected]

Mr. Chun Eugene
Marketing & Sales Manager
Tel: +605-291 3128
Email: [email protected]

Chemical Industries (MALAYA) Leads Green Innovation with New Corn-Based Ethanol Plant in Perak

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Penang, Malaysia – July 4, 2025 – SUPERSIC (MALAYSIA) SDN. BHD. (SuperSiC), a subsidiary of Zhejiang Jingsheng Mechanical & Electrical Co., Ltd. (JSG), successfully held a groundbreaking ceremony for its new manufacturing facility in Penang, Malaysia. This milestone marks a significant step in JSG’s global expansion strategy and reflects the growing role of Chinese semiconductor enterprises in the global supply chain.

The ceremony was attended by distinguished guests, including representatives namely Mr. Zhou Youbin, Consul General of China in Penang; Dato Loo Lee Lian, CEO of InvestPenang; Mr. Sukri Abu Bakar, Director of Domestic Investment Division of the Malaysian Investment Development Authority (MIDA), Dr. Cao Jianwei, Chairman of JSG and Mr. Sheng Yongjiang, General Manager of Zhejiang Jingrui SuperSiC.

Strategically located in Penang—widely recognised as the “Silicon Valley of the East”—the new facility represents a key move to advance the company’s glocalisation strategy and serve as a pivotal hub for Southeast Asia. Penang’s mature semiconductor ecosystem, strategic geographic location, and abundant talent pool provide an ideal environment for the R&D and production of compound semiconductor materials. The site also positions the company to deliver efficient and agile customer service with high responsiveness.

The project will cover a total area of 40,000 square meters and is slated to begin construction within the year. Upon completion of Phase 1, the facility is expected to reach an annual production capacity of 240,000 8-inch silicon carbide wafers, significantly boosting JSG’s global supply capabilities. The project is committed to principles of sustainable development, emphasising environmental stewardship and employee well-being as part of its corporate social responsibility.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO of MIDA, highlighted, “SuperSiC’s groundbreaking marks a transformative moment in Malaysia’s semiconductor landscape. This investment exemplifies the deepening economic partnership between China and Malaysia, while showcasing our nation’s growing prominence in global high-tech manufacturing. The facility perfectly aligns with our New Industrial Master Plan (NIMP) 2030, Chemical Industry Roadmap (CIR) 2030, and National Semiconductor Strategy (NSS) 2030, advancing Malaysia’s position in complex semiconductor production and high-value technological innovation. MIDA particularly values this investment as it addresses a critical gap in our semiconductor ecosystem – advanced wafer fabrication. This project will serve as a catalyst, attracting further investments in this crucial sector and strengthening Malaysia’s position as Asia’s premier advanced manufacturing hub. With SuperSiC’s commitment, we’re establishing a cornerstone for Malaysia’s technological future.”

Dato’ Loo Lee Lian, Chief Executive Officer of InvestPenang, said: “SuperSiC’s decision to establish its manufacturing facility in Penang underscores the state’s position as a leading hub for high-tech industries and advanced manufacturing. The addition of silicon carbide wafers manufacturer like SuperSiC will further enhance Penang’s dynamic semiconductor ecosystem and solidify its role in the global supply chain.”

Mr. Zhou Youbin, Consul General of China in Penang, emphasised: “The groundbreaking of the SuperSiC Malaysia factory exemplifies the practical implementation of the China-Malaysia Joint Statement, injecting new vitality into the enhancement of industrial chain and supply chain cooperation between the two nations. He also hoped that SuperSiC would seize the opportunities of the new ‘Golden 50 Years’ of China-Malaysia relations to achieve mutual benefit and win-win results, contribute to local development, and noted that the Consulate-General would continue to support Chinese-funded enterprises in deepening exchanges and cooperation.”

Dr. Cao Jianwei, Chairman of JSG, said: “JSG’s 19 years of continuous innovation and growth rely on the strong support of global partners. The Penang facility represents a pivotal milestone in JSG’s international strategy, enabling the launch of SuperSiC’s localised production layout in the Southeast Asian market and the start of a new chapter of deep collaboration with the local semiconductor industry ecosystem in Malaysia. This is not only a strengthening of the global supply chain, but also a practical implementation of the commitment to be close to customers and responsive to their needs.”

Looking ahead, JSG will remain committed to its mission: “To build a world-leading enterprise in semiconductor materials and equipment, and to promote green, intelligent high-tech manufacturing.” With the Penang facility as a new strategic anchor, JSG will continue expanding its global network, accelerating supply chain development. Driven by technological innovation, the company will focus on breakthroughs in Advanced Materials and Advanced Equipment, foster collaborative ecosystems with local partners, and contribute to the sustainable growth of the global semiconductor industry.

*****

About MIDA

The Malaysian Investment Development Authority (MIDA) is the government’s principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 21 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit www.mida.gov.my and follow us on X, Instagram, Facebook, LinkedIn, TikTok and YouTube channel.

About InvestPenang

IInvestPenang is the Penang State Government’s principal agency for the promotion of investment. Its objectives are to develop and sustain Penang’s economy by enhancing and continuously supporting business activities in the State through foreign and local investments, including spawning viable new growth centers. To realise its objectives, InvestPenang also runs initiatives like the SMART Penang Center (providing assistance to SMEs), Penang CAT Center (for talent attraction and retention), and Global Business Services (GBS) Focus Group (promoting and developing digital economy) and Penang Silicon Design @5km+ (establishing a unique and interconnected ecosystem for IC design and technology enterprises). For more information, please visit https://investpenang.gov.my/ and follow InvestPenang’s social media channels: Facebook; LinkedIn; WhatsApp Channel and TikTok.nang

About Zhejiang Jingrui SuperSiC Electronic Materials Co., Ltd.

Zhejiang Jingrui SuperSiC Electronic Materials Co., Ltd. (SuperSiC), a subsidiary of JSG, was founded in 2014. Specializing in the research, development, production, and sales of compound semiconductor materials such as silicon carbide (SiC) and sapphire, it has grown into a globally recognized supplier. Committed to technological innovation, the company is capable of producing 6-inch to 12-inch products and is dedicated to building an automated smart factory.

For media enquiries, please contact:

Ms. Siti Halimaton Mohd. Rejab
Director of Chemical and Advanced Material Division
Malaysian Investment Development Authority (MIDA)
Email: [email protected]
Tel.: +603 2267 6701

InvestPenang
Elaine Cheah/ Ong Yih Hwa
[email protected] / [email protected]
T: +604-646 8833

SuperSiC Breaks Ground on New Manufacturing Facility in Penang, Malaysia

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PENANG, Malaysia, 28 June 2025 – Malaysia’s ambitions to become Southeast Asia’s leading electric vehicle (EV) hub took a major leap forward today with the official launch of INV New Material Technology Sdn. Bhd.’s cutting-edge lithium-ion battery separator facility. The RM3.2 billion investment establishes Malaysia’s first commercial facility of its kind, positioning the country as the region’s largest producer of battery separators. The ceremony was officiated by Penang Chief Minister, YAB Chow Kon Yeow, alongside other distinguished government officials and industry leaders.

The newly launched facility will produce 1.3 billion square metres of wet-processed and coated lithium-ion separators – an essential component in EV battery manufacturing. The project has generated over 2,000 job opportunities, including 550+ high-skilled technical roles with wages exceeding RM3,000 per month. It serves as a launchpad for technology and knowledge transfer, equipping Malaysian talent with practical exposure to advanced equipment, structured training programmes, and collaboration with global experts. This holistic approach significantly upskills the workforce in advanced materials and engineering plastics, cultivating a future-ready talent pipeline vital for Malaysia’s long-term growth in the EV and high-tech sectors.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of the Malaysian Investment Development Authority (MIDA), highlighted the facility’s strategic importance, “The launch of INV New Material Technology’s facility marks a transformative step in Malaysia’s electric vehicle journey. Anchored in the New Industrial Master Plan 2030 and the Chemical Industry Roadmap 2030, this investment bridges a critical gap in our EV ecosystem and embeds advanced materials into our supply chain. It sets a new standard for high-tech manufacturing, while strategically catalysing broader industrial growth, and attracting more global and local players to strengthen Malaysia’s position in the global EV value chain.”

“We are honoured to be part of Malaysia’s journey in building a robust, forward-looking electric vehicle ecosystem,” said Mr. Liu Rui, Chief Executive Officer of INV New Material Technology (M) Sdn. Bhd. “This facility is not just an investment in infrastructure, but a long-term commitment to sustainability, innovation, and talent development. Malaysia offers the strategic advantages, talent pool, and government support we need to make this vision a reality, and we are proud to call it home to our first facility in the ASEAN region.”

INV’s plant also sets a benchmark in Industry 4.0 adoption. The facility integrates advanced automation, smart manufacturing systems, and digital technologies to maximise operational efficiency, enhance precision, and promote sustainable practices. It stands as a model for responsible, future-forward manufacturing – a clear signal of Malaysia’s readiness to lead the next wave of industrial transformation. With this milestone, Malaysia further cements its position as a dynamic and trusted destination for high-value EV manufacturing and next-generation technology investments.

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About MIDA

The Malaysian Investment Development Authority (MIDA) is the government’s principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 21 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit www.mida.gov.my and follow us on X, Instagram, Facebook, LinkedIn, TikTok and YouTube channel.

About INV

INV New Material Technology (M) Sdn. Bhd. is the first subsidiary of Shenzen Senior Technology Material Co., Ltd. in Malaysia. Specializing in the technological advancement of new energy and materials, emerging as a global leader in industry sales. The establishment of INV’s factory in Penang marks a significant milestone as the first lithium battery separator manufacturing facility in the ASEAN Region.

For media enquiries, please contact:

Siti Halimaton Mohd. Rejab
Director of Chemical and Advanced Material Division
Malaysian Investment Development Authority (MIDA)
Email: [email protected]
Tel.: +603 2267 6701

INV New Material Technology (M) Sdn. Bhd.
Mr. Liu Rui
Chief Executive Officer (CEO)
Email: [email protected]
Tel.: +604-566 9888

Malaysia Solidifies Position as Regional EV Hub With Launch of INV New Materials Pioneering Battery Separator Facility

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KUALA LUMPUR, Malaysia, 26 June 2025 – DHL has reaffirmed its longstanding partnership with the Malaysian Investment Development Authority (MIDA) through the signing of a new Memorandum of Understanding (MOU) yesterday. Under this renewed collaboration, all four DHL business divisions operating in Malaysia – DHL Express, DHL Supply Chain, DHL Global Forwarding, and DHL eCommerce – will work closely with MIDA to strengthen the logistics and supply chain ecosystem, supporting Malaysia’s position as a leading hub for foreign investment (FI).

The announcement builds on a successful collaboration since 2023, where joint efforts with MIDA’s global and local offices have yielded significant investment outcomes. These span across key priority sectors, including electrical and electronics, pharmaceutical, digital economy, aerospace, and chemicals – diversified across eight states: Kedah, Penang, Perak, Johor, Melaka, Sabah, Sarawak, and Selangor.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of MIDA, remarked, “Malaysia’s logistics sector has undergone a remarkable transformation, emerging as a powerhouse of innovation and technological advancement. We’re witnessing developments in digital technology and smart automation, from AI-powered route optimisation and real-time tracking to advanced warehouse robotics and autonomous delivery systems. Through MIDA’s proactive assistance and facilitation, we’ve created an ecosystem that nurtures these technological advancements and our renewed partnership with DHL represents a strategic alliance that will accelerate Malaysia’s journey towards becoming the region’s premier smart logistics hub.”

“As multi-shoring and multi-sourcing increase in strategic prevalence, Malaysia is well-positioned to capitalise on this momentum due to its regional connectivity and conducive business ecosystem,” said Julian Neo, Managing Director of DHL Express Malaysia and Brunei. “With our extensive network and experience in facilitating cross-border trade, DHL Express is proud to assist MIDA in appealing to global investors by enabling seamless market entry and providing end-to-end logistics solutions. Together, we can make effective progress in our shared mission to bolster the country’s competitive and innovative potential.”

“The expanded partnership between DHL and MIDA also reaffirms our commitment to strengthening Malaysia’s position as a leading regional logistics hub. Our investments in expanding our warehouse footprint and capabilities, including our new warehouse in Southern Malaysia and the opening of Penang Logistics Hub 5, align perfectly with the goals of this MOU. This enables us to continue attracting and supporting global investors in Malaysia. By combining our logistics expertise with MIDA’s vision, we are not only enhancing supply chain resilience for multinational corporations but actively contributing to the nation’s broader economic ambitions,” added Mario Lorenz, Managing Director, DHL Supply Chain Malaysia.

“For multinational corporations eyeing Southeast Asia for expansion, Malaysia emerges as a prime destination, combining strategic geographic advantages with robust infrastructure and business-friendly policies. While technology and manufacturing remain its cornerstone sectors, the country also offers compelling opportunities in high-growth sectors such as life sciences and healthcare, as well as perishables. At DHL Global Forwarding Malaysia, we partner with international businesses to capitalize on these opportunities through our end-to-end logistics solutions that optimize supply chains and accelerate market penetration. Our enhanced partnership with MIDA underscores Malaysia’s readiness to welcome global investors, multiplying their confidence to scale seamlessly while contributing to the nation’s economic ambitions,” said Christopher Lim, Managing Director, DHL Global Forwarding Singapore, Malaysia and Brunei.

“As global e-commerce continues its strong momentum with a projected CAGR of 7% annually until 2030, Malaysia stands out as a strategic gateway for international brands seeking regional growth. DHL eCommerce plays a pivotal role in seamlessly connecting international supply chains to local markets by supporting with our fulfillment and last-mile delivery services. We ensure that goods move swiftly and securely from homes and businesses nationwide, enabling true end-to-end delivery within Malaysia. Our partnership with MIDA strengthens this mission, helping global businesses reach local consumers faster, more reliably and efficiently. By bridging global supply chains with Malaysia’s dynamic consumer base, we are not only enhancing delivery reliability and customer experience but also reinforcing the nation’s position as an attractive, investor-ready logistics market,” said Saurabh Kumar, Managing Director of DHL eCommerce Malaysia.

DHL remains committed to elevating Malaysia’s profile among multinational corporations seeking to diversify their manufacturing and sourcing operations. With its strong presence in Malaysia and comprehensive end-to-end logistics and supply chain capabilities, DHL is well equipped to support foreign investors in enhancing supply chain resilience by leveraging Malaysia’s strategic location. Furthermore, DHL is strategically positioned to support Malaysia’s New Industrial Master Plan (NIMP) 2030 and its sustainable development targets.

Malaysia’s robust appeal is further underscored by the DHL Global Connectedness Index, which ranks the nation third in Asia Pacific and 26^th globally in 2024, showing significant improvements since 2001. Complementing this, the Institute for Management Development (IWD) in Switzerland highlights Malaysia’s significant progress, propelling it 11 spots forward to 23^rd among 69 economies in the World Competitiveness Ranking (WCR) 2025, a notable rise from 34^th last year. This global confidence translated into RM89.8 billion in approved investments in Q1 2025, with foreign investments accounting for a dominant RM60.4 billion (or 67%), despite global economic challenges.

All four of DHL Group’s globally operating divisions – DHL Express, DHL Supply Chain, DHL Global Forwarding, and DHL eCommerce Solutions, are present in Malaysia, offering an unparalleled portfolio of services encompassing international express; supply chain management; road, air, and sea freight; and domestic delivery.

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About MIDA

The Malaysian Investment Development Authority (MIDA) is the government’s principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 21 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit www.mida.gov.my and follow us on X, Instagram, Facebook, LinkedIn, TikTok and YouTube channel.

DHL – The logistics company for the world

DHL is the leading global brand in the logistics industry. Our DHL divisions offer an unrivalled portfolio of logistics services ranging from national and international parcel delivery, e-commerce shipping and fulfillment solutions, international express, road, air and ocean transport to industrial supply chain management. With about 400,000 employees in more than 220 countries and territories worldwide, DHL connects people and businesses securely and reliably, enabling global sustainable trade flows. With specialized solutions for growth markets and industries including technology, life sciences and healthcare, engineering, manufacturing & energy, auto-mobility and retail, DHL is decisively positioned as “The logistics company for the world”.

DHL is part of DHL Group. The Group generated revenues of more than 84.2 billion euros in 2024. With sustainable business practices and a commitment to society and the environment, the Group makes a positive contribution to the world. DHL Group aims to achieve net-zero emissions logistics by 2050.

For media enquiries, please contact:

Lim Ming Yee (Ms.)
Director of Foreign Investment Division
Malaysian Investment Development Authority (MIDA)
Email: [email protected]
Tel.: +603-2267 6727

Tristan Toh
Corporate Communications Manager
DHL Express Malaysia
Email: [email protected]
Tel.: +6012 719 2021

DHL and MIDA Extend Strategic Partnership to Accelerate Foreign Investments into Malaysia

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