PARIS and LONDON and NEW YORK, Akur8, the machine learning-powered insurance pricing and reserving platform, announced today that it has secured $120 million in series C funding, bringing its total raised investment to $180 million. This latest funding round was led by One Peak, a leading growth equity firm investing in software scale-ups, with participation…
KUALA LUMPUR, Bursa Malaysia traded slightly higher in early action, tracking mixed overnight performance on Wall Street ahead of the US Federal Reserve’s interest rate decision tomorrow. At 9.05 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 0.17 per cent or 2.80 points to 1,654.95 from Friday’s close of 1,652.15. The benchmark index opened…
ALOR SETAR, A relief centre (PPS) has been opened in the Kubang Pasu district to accommodate 53 victims from 15 families affected by the flood. Kubang Pasu Civil Defense Officer Captain (PA) Mohd Adenin Suhaimi said the PPS was opened at 9,16 pm yesterday at Sekolah Kebangsaan Malau, near Jitra to accommodate the victims. The…
KUALA LUMPUR, PING23 Sdn Bhd or PETRONAS Innovation Garage (PING), a wholly-owned subsidiary of PETRONAS Leadership Centre, recently hosted the PING Open Day, providing five employee start-ups incubated in-house the opportunity to showcase their solutions to corporate leaders, early-stage investors and ecosystem builders present at the event held at Petrosains, Suria KLCC today. PING serves…
KANGAR, A total of 23,890 Malaysians were recorded exiting the country to Thailand through two border crossings in Perlis, namely the Immigration, Customs, Quarantine and Security Complex (ICQS) in Padang Besar and Wang Kelian in conjunction with the school holidays and Malaysia Day yesterday. Perlis immigration director Khairul Amin Talib said from Sept 12 to…
WASHINGTON, MidOcean Energy (‘MidOcean’ or the ‘Company’), a liquefied natural gas (LNG) company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors, and Hunt Oil Company (‘Hunt’) announced today that they have entered into a definitive agreement whereby MidOcean will acquire an additional 15% interest in Peru LNG…
