KUALA LUMPUR, May 21 (Bernama) -- I Squared Capital (I Squared), a global infrastructure investment manager, has launched Cube Grid, a power transmission platform targeting India's expanding electricity grid.
In a statement, I Squared said it expects to deploy up to US$1 billion in equity capital into Cube Grid to acquire and build a portfolio of transmission assets across India. (US$1=RM3.96)
Cube Grid has signed definitive agreements for seed assets comprising more than 1,450 circuit kilometres (ckm) of transmission lines in partnership with Dineshchandra Group (Dineshchandra R. Agrawal Infracon Private Limited or DRAIPL), an infrastructure developer with operations across India and overseas markets.
I Squared Capital Senior Partner Harsh Agrawal said the expansion of renewable energy capacity and strong policy support are expected to drive long-term growth in India’s transmission sector.
“DRAIPL has a proven track record from our work together on Cube Highways, another I Squared portfolio company in India. Extending this relationship to the transmission sector gives Cube Grid a strong execution partner,” he said.
The partnership with DRAIPL combines I Squared's global investment expertise and platform-building experience with DRAIPL's local execution capabilities and regional market knowledge.
The Government of India has outlined plans to modernise and expand the national grid, requiring an estimated US$120 billion in capital expenditure over the next five to seven years to integrate new generation capacity and meet rising electricity demand.
Over the past decade, I Squared has committed more than US$4 billion to Indian infrastructure through six portfolio companies providing essential services across the country.
The transaction is expected to close in the third quarter of 2026, subject to regulatory approvals and customary closing conditions.
-- BERNAMA
Thursday, 21 May 2026
I SQUARED CAPITAL LAUNCHES INDIA POWER TRANSMISSION PLATFORM
Bitget Launches “Gold Fast or Go Home Challenge” for Gold CFD Trading
VICTORIA, Seychelles, May 21 (Bernama-GLOBE NEWSWIRE) -- Bitget, the world’s largest Universal Exchange (UEX), has launched the “Gold Fast or Go Home Challenge,” a global campaign built around faster access to gold CFD trading on the Bitget app. The campaign follows Bitget’s recent product update that moved TradFi products, including gold, forex, commodities, and indices, to a first-level homepage tab, reducing the number of steps required to access these markets directly from the homepage.
The challenge invites users to record themselves by opening the Bitget app, entering the TradFi section, and completing an XAUUSD gold CFD trade as quickly as possible. Participants will publish their attempts across social platforms as part of a global speed-based trading challenge designed around accessibility, execution flow, and real-time market participation. The campaign combines trading culture with short-form social content, turning product speed into a visible user experience.The campaign reflects Bitget’s broader direction of bringing traditional financial assets closer to crypto-native trading environments through a unified interface. Users can move between crypto assets, tokenized products, forex pairs, commodities, and gold CFD markets from a single account structure without switching across multiple platforms, wallets, or trading systems.
“Users increasingly move between crypto and traditional financial markets within the same trading cycle, especially during periods shaped by macro volatility,” said Gracy Chen, CEO at Bitget. “We have designed the platform to make these markets more directly accessible inside the app. The challenge turns that trading flow into a public and community-driven experience that shows how multi-asset trading behavior is evolving.”
Gold trading activity has continued gaining traction globally as investors monitor interest rate expectations, central bank accumulation trends, inflation risks, and geopolitical uncertainty. Across digital asset platforms, gold CFDs have become one of the most actively monitored TradFi products during periods of elevated volatility, particularly as users look for faster access to macro-sensitive assets without leaving crypto-native trading environments.
The homepage TradFi integration forms part of Bitget’s wider Universal Exchange strategy focused on reducing fragmentation between digital assets and traditional financial markets. As more users diversify across asset classes, trading platforms are increasingly expected to support crypto, commodities, equities, FX, and tokenized assets within a single interface and collateral system. Bitget’s TradFi expansion reflects growing market demand for unified multi-asset access and faster capital movement between trading categories.
The launch also follows Bitget’s continued expansion of its TradFi offering across global markets. The platform currently provides access to crypto markets alongside tokenized stocks, ETFs, commodities, forex pairs, and precious metals such as gold within one trading ecosystem. In 2026, Bitget repositioned its TradFi section to the app homepage as part of a broader effort to simplify market access and improve execution efficiency across multi-asset trading activity.
For more information, visit here.
About Bitget
Bitget is the world’s largest Universal Exchange (UEX), serving over 125 million users and offering access to over 2M crypto tokens, 100+ tokenized stocks, ETFs, commodities, FX, and precious metals such as gold. The ecosystem is committed to helping users trade smarter with its AI agent, which co-pilots trade execution. Bitget is driving crypto adoption through strategic partnerships with LALIGA and MotoGP™. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. Bitget currently leads in the tokenized TradFi market, providing the industry’s lowest fees and highest liquidity across 150 regions worldwide.
For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord
For media inquiries, please contact: media@bitget.com
Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.
A photo accompanying this announcement is available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/3484ccd0-5df8-4c93-91cb-c0bdf7495349
SOURCE: Bitget Limited
DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.
--BERNAMA
Wednesday, 20 May 2026
The Growth Story is Coming Together. Engineering Was Never the Destination.
KUALA LUMPUR, May 20 (Bernama) -- Malaysia’s energy transition is underway, but the harder question has never been whether to transition. It is how to fund it without weakening the economics that make it viable.
As the country works towards its 2050 net-zero target, the energy sector must deploy substantial upfront capital while preserving return thresholds required by investors, lenders and project owners. At the same time, decarbonisation, energy security and infrastructure modernisation remain national priorities.For Kinergy Advancement Berhad (“Kinergy”), the issue is not cost versus sustainability. The real test is whether both can be integrated in a way that is technically executable and commercially defensible.
This is where engineering discipline matters.
While shaped by financing structures and offtake agreements, capital discipline is equally embedded in technology choices. Run-of-river mini hydropower, where site conditions permit, can reduce capital intensity by avoiding large-scale civil works while delivering reliable renewable generation. Waste Heat Recovery (“WHR”) using Organic Rankine Cycle (“ORC”) technology, as deployed at Safran Landing Systems Malaysia, takes a different route — unlocking value from energy already available in industrial processes.
For clients, this improves cost efficiency and operational performance. For Kinergy, it creates recurring income through long-term contractual arrangements.
Malaysia’s energy transition also faces a trilemma: grid reliability, cost efficiency and decarbonisation. Solar capacity remains important, but it cannot solve every part of the equation on its own. Kinergy has built a diversified platform across mini hydro, biogas, waste heat recovery and solar, while strengthening its role in gas-fired transition assets.
Dato’ Lai Keng Onn, Kinergy’s founder, Executive Deputy Chairman and Group Managing Director, said:
“The energy transition is not about sacrificing cost efficiency for sustainability, or the other way around. It is about engineering solutions that deliver both.”
That approach is increasingly visible in Kinergy’s numbers. Its Sustainable Energy Solutions (“SES”) segment grew from MYR107.8 million, or 49% of Group revenue in FY2024, to MYR328.2 million, or 69% of Group revenue in FY2025. The increase of more than MYR200 million shows that the shift is now being reflected commercially.
Kinergy’s credibility is also supported by its relationship with PETRONAS-related entities, including three awarded projects and two gas-fired power plants that serve as transition-enabling infrastructure. These projects bridge Malaysia’s current energy mix and long-term decarbonisation ambitions.
For industrial businesses, energy strategy is no longer a utility decision. It shapes cost structures, competitiveness and compliance outcomes. Companies need solutions that reduce emissions without compromising reliability or financial discipline.
Kinergy’s evolution from an engineering-led business into a diversified energy platform is therefore not a reinvention. It is the natural extension of its engineering foundation.
“Our entry into the Independent Power Producer space and our technical alliance with B.Grimm mark the next deliberate step in that journey. They are the natural progression of a strategy that was never only about engineering.”
Malaysia’s transition will require companies that can balance capital intensity, technical execution and long-term returns. For Kinergy, engineering was never the destination. It was the beginning.
SOURCE : Aegis Communication
FOR MORE INFORMATION, PLEASE CONTACT:
Name: Jason Fong
Tel: +6012-8631134
Email: jason@aegiscomm.com.my
--BERNAMA
Friday, 15 May 2026
BAISE HOSTS CROSS-BORDER CULTURAL PROGRAMME TO STRENGTHEN CHINA-VIETNAM TIES
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| China-Vietnam ethnic costume display and interactive singing performance by singers. |
KUALA LUMPUR, May 15 (Bernama) -- Baise City in China’s Guangxi Zhuang Autonomous Region has held a series of cross-border cultural and people-to-people exchange activities with Vietnam under the 2026 Guangxi March 3rd · Bagui Carnival, aimed at strengthening bilateral ties and regional cultural integration.
Leveraging its border location, Baise organised programmes spanning sports, intangible cultural heritage, literature, music and folk traditions, including football and basketball friendly matches, cultural performances, reading exchanges and community-based folk activities involving participants from both sides of the China-Vietnam border.
The initiatives featured participation from Chinese and Vietnamese athletes, artists, writers and youth representatives, with events designed to promote cultural understanding and grassroots connectivity, according to a statement.
Key highlights included the China-Vietnam Border Staff Football Invitational Tournament in Napo County and a basketball friendly match in Jingxi, alongside an intangible cultural heritage exchange gala showcasing Zhuang opera, traditional crafts and joint performances by Chinese and Vietnamese troupes.
Youth engagement was further strengthened through a joint reading event and a cross-border new folk song concert blending traditional and modern musical styles.
The programme also included community-based folk activities at Jingxi Equan Scenic Area, where residents from both countries participated in cultural demonstrations, handicraft-making and traditional food experiences such as five-colour glutinous rice.
Baise authorities said the series of events reflects ongoing efforts to deepen cross-border cultural exchange, enhance mutual understanding and consolidate long-standing friendship between China and Vietnam.
-- BERNAMA
KIOXIA, DELL TECHNOLOGIES TO DELIVER HIGH-DENSITY AI STORAGE SERVER CONFIGURATION
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| KIOXIA LC9 Series 245.76 TB High-density Enterprise SSD |
KUALA LUMPUR, May 15 (Bernama) -- Kioxia Corporation, a world leader in memory solutions, has collaborated with Dell Technologies to deliver a 2U server configuration capable of scaling to an unprecedented 9.8 petabytes (PB) of flash storage.
According to Kioxia in a statement, the companies are enabling a new class of storage-optimised platforms built to meet the demands of artificial intelligence (AI), large-scale data lakes, and data-intensive enterprise workloads.
The collaboration combines the Dell PowerEdge R7725xd server with KIOXIA LC9 Series enterprise solid-state drives (SSDs), delivering high-capacity and power-efficient storage solutions aimed at reducing Total Cost of Ownership (TCO) and data centre footprint.
“Customers will be able to deploy massive ingestion streams, scale data lakes effortlessly, and handle large backups in a fraction of the footprint, improving TCO to new levels,” said Kioxia Corporation technology executive of the SSD Division, Akihiro Kimura.
With a long history of enabling scalable infrastructure for data-driven applications, this latest milestone reflects both companies’ commitment to advancing high-density architectures that improve performance, reduce energy consumption, and maximise data centre efficiency.
Built for modern AI and data-centric workloads, Dell PowerEdge R7725xd servers combine dense storage with powerful compute capabilities, supporting AI data management and model training across the AI lifecycle.
Meanwhile, KIOXIA LC9 Series SSDs deliver up to 245.76 terabytes (TB) of flash-based storage with PCIe 5.0 performance across multiple form factors. Designed for generative AI environments, the drives offer a higher-capacity alternative to conventional 30.72 TB SSDs.
Kioxia said a comparable 9.8 PB configuration using lower-capacity drives would require seven additional servers and 280 more drives, resulting in significantly higher power consumption and greater rack space usage.
-- BERNAMA
Nippon Kinzoku Promotes L-Core As Eco Stainless Steel Product
KUALA LUMPUR, May 14 (Bernama) -- Nippon Kinzoku Co Ltd has announced the strengthened promotion of "L-Core", a functional stainless steel, repositioning it as an "Eco-Product" to support sustainable manufacturing.
According to the company in a statement, L-Core utilises proprietary surface modification technology to achieve extremely low contact resistance while maintaining the inherent corrosion resistance of stainless steel.
By integrating high-performance characteristics directly into the base material, the product enables customers to eliminate redundant processing steps and improve material yields, thereby reducing environmental impact across the supply chain and supporting progress toward a carbon-neutral society.
The product’s technical features include the formation of "carrier-doped" regions within the passive film, which function as conductive pathways for electricity. The film is modified without being destroyed, preserving the corrosion resistance inherent to stainless steel, while enabling its use in conductive components without additional processing such as plating.
In addition, L-Core demonstrates low contact resistance comparable to semi-bright nickel (Ni) plating, with high reliability showing almost no performance degradation after 2,700 hours in a high-temperature, high-humidity environment.
The product is suitable for applications including smartphone chassis, flexible printed circuits (FPC), electrical connectors, and display bezels such as LCDs and offers advantages in both cost reduction and quality compared to nickel-plated stainless steel.
-- BERNAMA
Thursday, 14 May 2026
Malaysia Powers Asia’s Rise in Clinical Research at CRM Trial Connect 2026
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| CRM Sponsored Research Award Recipient: Recognition: Presentation of the CRM Sponsored Research Awards 2026, honouring outstanding contributions by investigators, study sites, research organisations, and sponsors. |
With the theme “Asia’s Rise in Clinical Trials,” the fifth edition of CRM Trial Connect showcases the region’s growing influence in global drug development. Last year’s event sparked more than 60 collaborations, generating RM70 million in value and advancing clinical research across Asia.
Health Minister Datuk Seri Dr Dzulkefly Ahmad, who officiated the conference, underscored the platform’s role in fostering alignment, partnership, and growth. He reaffirmed Malaysia’s commitment to strengthening the region’s position through continued advancement in clinical research.
“This conference reflects not only how far we have come, but also the direction we must take together as we shape the future of clinical research in Southeast Asia and across Asia,” he said in his keynote address.
During the ceremony, the Minister also launched the latest edition of Malaysia’s Good Clinical Practice Guidelines, reinforcing the nation’s commitment to upholding international standards and ensuring the highest quality in clinical trial conduct.
Other program highlights included:
- Global partnerships: Memorandum of Understanding between CRM and Monash Health, Australia, and Research Agreement with Japan’s National Cancer Center under the ATLAS (Asia Clinical Trials Network for Cancers) project.
- Recognition: Presentation of the CRM Sponsored Research Awards 2026, honouring outstanding contributions by investigators, study sites, research organisations, and sponsors.
- International collaboration: Participation from agencies such as Japan’s PMDA, ARISE, and IA-DATA, reinforcing the importance of global networks in advancing clinical research.
- Expert insights: Contributions from leading voices including Dr Timothy Yap (MD Anderson Cancer Center), Professor Jacob George (UK MHRA), and Dr Yasuhiro Fujiwara (PMDA), covering translational medicine, clinical innovation, and regulatory science.
- Collaborating event: The conference also featured the 18th National Conference for Clinical Research, further strengthening Malaysia’s role in uniting the clinical research community.
· CRM Sponsored Research Award 2026 Recipient
· About Clinical Research Malaysia (CRM)
· PMDA: Pharmaceuticals and Medical Devices Agency
(https://www.pmda.go.jp/english/)
· UK: United Kingdom
· MHRA: Medicines and Healthcare products Regulatory Agency
(https://www.gov.uk/government/organisations/medicines-and-healthcare-products-regulatory-agency)
· ARISE: ARO Alliance for Southeast & East Asia
(https://arise.jihs.go.jp/en/)
· ATLAS: Asia Clinical Trials Network for Cancers
(https://atlas.ncc.go.jp/en/)
· IA-DATA: International Affordable Diagnostics and Therapeutics Alliance
(https://ia-data.org/)
SOURCE: Clinical Research Malaysia (CRM)
FOR MORE INFORMATION, PLEASE CONTACT:
Name: Sufea Salehuddin
Corporate Communications Executive
Tel: +6011-11202702 | +603-7931 5566 (ext. 125)
Email: sufea.irdina@clinicalresearch.my
--BERNAMA