KMP to invest up to US$672,000 in Halovision The investment will advance the Raptor and i-Falke series & provide working capital support Edelteq Holdings Berhad has announced the establishment of Halovision System Sdn. Bhd., a joint venture with Halo Technologies Sdn. Bhd., to develop and commercialise advanced Automated Optical Inspection (AOI) systems for the global semiconductor industry. As part of this milestone, Kumpulan Modal Perdana Sdn. Bhd. (KMP)a tech-focused venture capital firm wholly owned by the Minister of Finance and operating under the purview of the Ministry of Science, Technology and Innovation will invest up to US$672,000 (RM3. 2 million) in Halovision. The funds will accelerate the development of the Raptor series for substrate panel inspection and the i-Falke series for wafer-level inspection, as well as supporting working capital requirements. This partnership is a strong vote of confidence in Halovisions technology and vision. With KMPs strategic backing, we aim to accelerate product development and position Malaysia as a key contributor to the next wave of semiconductor innovation, said Chin Yong Keong, Group CEO of Edelteq Holdings Berhad. Lee Hui-Ni, Chief Investment Officer of KMP, added: We are proud to support Halovision in its journey here in Malaysia as it advances towards delivering world-class semiconductor inspection solutions. This investment underscores our deep commitment to nurturing home-grown innovation and strengthening Malaysias position in the global electronics and semiconductor value chain. Meanwhile, John Moon, CEO of Halovision System Sdn. Bhd., said: At Halovision, our mission is to push the boundaries of inspection technology to meet the evolving demands of the semiconductor industry. With the combined strengths of Edelteq, HTSB and KMP, we are confident of bringing cutting-edge solutions such as the Raptor and i-Falke series to market and establishing Halovision as a trusted technology partner globally. The creation of Halovision, together with KMPs investment, underlines Edelteqs commitment to advancing semiconductor equipment capabilities and deepening Malaysias footprint in the global high-tech ecosystem. Beyond capital deployment, the investment represents a strategic collaboration between a government-owned venture capital fund and a publicly listed company to support a pioneering Malaysian semiconductor start-up. The partnership is positioned to accelerate industry advancement in line with Malaysias National Semiconductor Strategy by cultivating local talent and technological capability, upgrading the value chain, and strengthening Malaysias role as a pivotal enabler in the global semiconductor ecosystem.
Category: malaysia
Satu Creative and Yayasan Hasanah empower Malaysian social enterprises to scale their impact
HSEF equips entrepreneurs to grow impact locally and beyond Yayasan Hasanah commits US$213,000 to boost social enterprises in central & northern Malaysia in 2025 From the highlands of Sarawak to cutting-edge biotech labs and artisan workshops, three Malaysian social enterprises are showing how purpose-driven businesses can create meaningful change with the support of the Ministry of Finance and Yayasan Hasanah, through the Hasanah Social Enterprise Fund (HSEF). Implemented in partnership with Satu Creative, the fund nurtures and strengthens Malaysias social enterprise ecosystem by equipping entrepreneurs with the tools, networks, and confidence to grow their impact. Earthlings Coffee (Sarawak): Brewing local pride Co-founded by Kenny Lee, Rave Sun Kwok and Ronnie Kueh, Earthlings began as a coffee roastery and cafe in Kuching but quickly evolved into a movement to put Sarawak coffee on the global stage. With HSEF support, the enterprise has trained farmers, introduced sustainable practices, and strengthened the value chain, helping Sarawak coffee gain international recognition. Sarawak coffee has a unique story to tell, and it deserves to be celebrated globally. With the support of Satu Creative and Yayasan Hasanah, weve been able to empower farmers, enhance sustainability, and share the richness of Sarawak coffee with the world, said Kenny Lee, managing director of Earthlings Coffee. Synbiozymes: Science for sustainability Co-founded by Hidayah Shahidan, Synbiozymes was founded to turn years of biotechnology research into real-world solutions. Focused on enzyme-based innovations to tackle industrial waste, the startup faced challenges in bridging laboratory breakthroughs with market readiness. With HSEF support, it accelerated R&D and piloted enzyme applications with industry partners, moving closer to commercialisation and environmental impact. At Synbiozymes, our mission has always been to transform science into practical solutions for sustainability. The support from both Satu Creative and Yayasan Hasanah enabled us to accelerate our research and bring innovations closer to industry adoption, said Hidayah Shahidan, co-founder of Synbiozymes. Complemen+ Candle: Lighting the way for mindful living For Amrit Muralidharan, founder of Complemen+ Candle, the journey began with a vision to create candles that are beautiful, eco-conscious, and socially impactful. The brand employs B40 TVET graduates, vocational youth and artisans, while using sustainable materials and promoting mindful living. With HSEF support, it expanded its artisan network, adopted eco-friendly production methods, and gained visibility in sustainability-focused markets. Our candles are not just products. They represent livelihoods, sustainability, and a sense of community. With the support of Satu Creative and Yayasan Hasanah, weve been able to expand our artisan network and reach more people who value mindful living, said Amrit, founder of Complemen+ Candle. Driving impact through partnerships What inspires us most is how social enterprises like Earthlings Coffee, Synbiozymes, and Complemen+ Candle co-create solutions that nurture both livelihoods and planetary well-being. Their journeys remind us that purpose and innovation can go hand in hand. With the support of Yayasan Hasanah, we are hopeful that more social enterprises can continue to innovate, scale their impact, and shape a future that is sustainable and inclusive, said Azuar Zainuddin, CEO of Satu Creative. At Hasanah, we believe that even the smallest spark of an idea can shift entire systems when given the right support. From transforming industrial waste into new possibilities, to turning handcrafted candles into livelihoods for B40 youth, to helping farmers cultivate sustainably these enterprises remind us that social change is not a one-off act of giving, but a reimagining of how we live and work together. Social enterprises stand at the intersection of profit and purpose, and we are proud to be a partner in their journey to shape a more sustainable and inclusive Malaysia,” said Siti Kamariah Ahmad Subki, managing director of Yayasan Hasanah. Together, Satu Creative and Yayasan Hasanah are cultivating a stronger social enterprise ecosystem for Malaysia one that empowers changemakers to scale their ideas, strengthen communities, and build sustainable futures. As part of this commitment, Yayasan Hasanah has announced an allocation of US$213,000 (RM1 million) under the Hasanah Social Enterprise Fund to support social enterprises in Malaysias central and northern regions in 2025. Implemented in partnership with Satu Creative, the fund will give purpose-driven entrepreneurs access to resources, capacity-building, and opportunities to expand their impact locally and beyond. For more information on the Creative Sprint Hasanah Social Enterprise Fund 2025 and to be part of this journey, please visit www. satucreative. com.