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Halogen Capital Completes RM13.3 Million Funding Round, Led by Kenanga Investment Bank and 500 Global, to Drive Digital Asset Innovation in Malaysia

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Kenanga leads the funding round, with participation from global and regional investors.

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 15 December 2025 – Halogen Capital Sdn Bhd (“Halogen Capital“), Malaysia’s first and only licensed digital asset fund manager, today announced the successful completion of its RM13.3 million (USD3.2 million) funding round, with Kenanga Investment Bank Berhad (“Kenanga“), Malaysia’s leading independent investment bank, as the lead investor, alongside 500 Global, a leading global venture capital firm, and other investors. Following this, with its 14.9% stake, Kenanga now holds the largest institutional shareholding in Halogen Capital.

From left to right: Lucas Ooi Ki Siong, Founder & Chief Business Officer of Halogen Capital; Ng Moon Ho, Founder & Chief Operating Officer of Halogen Capital; Liew Ooi Hann, Founder & Chief Executive Officer of Halogen Capital; Datuk Chay Wai Leong, Group Managing Director of Kenanga Investment Bank Berhad, Datuk Wira Ismitz Matthew De Alwis, Executive Director & Chief Executive Officer of Kenanga Investors Berhad (“KIB”), Ranjit Singh Gill, Director & Head of Product & Market Development of KIB; Datuk Kenny Yong Foo Ken, Chief Executive Officer of Kenanga Private Equity Sdn Bhd

The funding, made through Kenanga’s wholly-owned subsidiary, Kenanga Private Equity Sdn Bhd, will support Halogen Capital to advance its Real-World Asset (RWA) tokenisation strategy, including onshore unit trust funds, bonds, sukuk, private credit, and real estate, creating broader access to investment opportunities that have traditionally been available primarily to institutional and high-net-worth investors. Building on Halogen Capital’s expertise in asset tokenisation and digital asset fund management, and combined with Kenanga’s institutional strength, brand recognition, and regional partnerships, the initiative will provide innovative investment opportunities for investors in Malaysia and beyond.

“This funding round represents an important step in advancing Kenanga’s digital asset ecosystem,” said Datuk Chay Wai Leong, Group Managing Director of Kenanga Investment Bank Berhad. “Our investment in Halogen Capital—alongside our other investments in digital-first businesses such as KDX, Helicap and Merchantrade—reflects our conviction that the future of finance will be defined by innovation, supported by strong governance and transparency. By leveraging blockchain and tokenisation, as well as strengthening our network of digital platforms, we aim to redefine how investors engage with capital markets, making them more efficient, accessible and globally competitive. Together, these initiatives are laying the foundation for products that anticipate the evolving needs of investors and businesses in a rapidly changing financial environment,” concluded Datuk Chay.

“The completion of this round marks an important milestone as we continue building Malaysia’s institutional digital asset investing landscape,” added Liew Ooi Hann, Founder and Chief Executive Officer of Halogen Capital. “We are encouraged by the confidence shown by Kenanga, as well as our other notable investors, which include 500 Global, Digital Currency Group, The Hive Southeast Asia, Jelawang Capital, and Mythos Venture Partners. Their support reinforces the growing recognition of digital assets as an integral part of global capital markets. Institutional participation is rising steadily worldwide, with more than RM744 billion (USD181 billion) now held in corporate crypto treasuries. Malaysia is experiencing the same shift, and demand for regulated, professionally managed exposure has accelerated over the past three years. With the backing of leading investors, we are well-positioned to accelerate product innovation and expand access to institutional-grade digital asset investments,” said Liew.

Since launching in 2023 as the pioneer of the world’s first Shariah-compliant cryptocurrency funds, Halogen Capital has grown its assets under management (AUM) to around RM400 million as of November 2025. This includes the Halogen Shariah Bitcoin Fund, which has emerged as one of Malaysia’s top-performing funds since its inception, as reflected in the London Stock Exchange Group (LSEG) Lipper data. Today, Halogen Capital serves a fast-growing investor base numbering in the thousands, including high-net-worth individuals, family offices, corporates, and institutional investors, across eight wholesale funds and private mandates—supported by a network of more than 15 distributors including commercial banks and Federation of Investment Managers Malaysia (FIMM)-approved distributors.

Leveraging Halogen Capital’s expertise and growing investor base, alongside Kenanga’s investment, the initiative will offer broader, differentiated product offerings—including new digital asset investment products, safer access to crypto yield generation, and tokenised securities backed by onshore Malaysian assets. These initiatives are complemented by the Securities Commission Malaysia’s ongoing efforts to tokenise securities and develop regulatory guidance for blockchain-based investments and distributed ledger technology, ensuring that the development of digital asset solutions remains secure, compliant, and aligned with regulatory standards.

Hashtag: #Kenanga

The issuer is solely responsible for the content of this announcement.

Kenanga Investment Bank Berhad (197301002193 (15678-H))

Established for over 50 years, Kenanga Investment Bank Berhad (“The Group“) is a leading financial group in Malaysia, offering a wide range of services, including equity broking, investment banking, treasury, Islamic banking, listed derivatives, investment management, wealth management, structured lending, and trade financing. The Group’s digital innovations include the launch of KDi GO, a wealth-centric app, along with game- changing products such as Rakuten Trade, Malaysia’s first fully digital stockbroking platform, and Kenanga Digital Investing, an A.I. robo-advisor.

The Group has garnered multiple awards, including top honours at the Bursa Excellence Awards 2024 and The Edge Malaysia Centurion Club 2023. The Group also secured the Top 20 Overall Excellence and the Niche Cap Excellence Award at the National Corporate Governance and Sustainability Awards 2024. As one of the highest- scoring constituents of the FTSE4Good Bursa Malaysia Index and a Participant of the United Nations Global Compact, Kenanga continues to drive collaboration, innovation, and sustainability in the financial industry.

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CUKTECH Officially Launches Its Online Store in Indonesia, Expanding Charging Technology Presence in Southeast Asia

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JARKATA, INDONESIA – Media OutReach Newswire – 28 February 2026 – CUKTECH, a consumer electronics brand specializing in charging technologies, has officially launched its online store in Indonesia, further advancing its expansion strategy across Southeast Asia. The launch provides Indonesian consumers with a dedicated official channel to access CUKTECH’s charging products and related technical information.

CUKTECH focuses on the development of power and charging solutions, with a product portfolio that includes power banks, charging cables, wall chargers, and car chargers. Product development emphasizes charging efficiency, safety standards, and long-term reliability, addressing everyday usage scenarios involving smartphones, tablets, laptops, and other connected devices. The brand’s solutions are designed to support increasingly common multi-device lifestyles, including mobile work and frequent travel.

Prior to the launch of the official online store, CUKTECH operated in Indonesia mainly through third-party distribution channels, resulting in limited product availability. With the establishment of an official channel, the company is gradually introducing a more complete product lineup to the Indonesian market, aligning local availability with that of other Southeast Asian markets such as Vietnam, Malaysia, and the Philippines.

According to the company, the official online store serves as a centralized platform for presenting product specifications, technical features, and launch updates in a consistent manner. This approach is intended to improve transparency and accessibility for consumers while supporting a more structured, long-term market strategy in Indonesia.

Looking ahead, CUKTECH plans to continue expanding its product portfolio in Indonesia, introducing additional products to address evolving local usage needs. Future launches will focus on scenarios such as multi-device charging, mobile productivity, and daily commuting, reflecting changing consumer behavior.

This market-oriented approach aligns with CUKTECH’s brand philosophy, “In somewhere, For somewhere,” which emphasizes adapting products and solutions to the specific needs of each market rather than applying a uniform global model.

Updates on product launches, brand developments, and the official online store can be found through CUKTECH’s official social media channels on Instagram and TikTok:cuktech_id

https://www.tokopedia.com/cuktech-official-store

https://shopee.co.id/shop/1748675224

Hashtag: #CUKTECH

The issuer is solely responsible for the content of this announcement.

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Green SM Launches All-Electric Taxi Service in Bali with Taksi Komotra

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DENPASAR, BALI – Media OutReach Newswire – 27 February 2026 – Green SM has launched its operations in Bali through a strategic partnership with Taksi Komotra, introducing an all-electric taxi service to support the island’s sustainable tourism and urban mobility agenda. To celebrate the 238th anniversary of Denpasar City, Green SM is offering a limited-time 25 percent fare promotion, with discounts of up to IDR 238,000 per trip.

Green SM’s professional drivers are ready to provide high-quality, safe, and eco-friendly service.

Under the partnership structure, Green SM provides the technology platform, all-electric vehicle fleet, operational standards, and driver development system, while Taksi Komotra contributes its established local expertise and network across Bali. The collaboration integrates electric mobility technology with on-the-ground operational capabilities to deliver a scalable, governance-driven transportation model.

Operations in Bali are implemented under Green SM’s “5 Green Promises” service commitment framework. Established as a foundational operating standard since the company’s inception, the framework ensures that each ride delivers an excellent customer experience, professional drivers, high-quality and safe vehicles, fair and transparent pricing, and a meaningful contribution to environmental sustainability.

The service operates an all-electric fleet that produces no exhaust emissions or fuel combustion. All vehicles are maintained under strict technical and safety protocols to ensure consistent service performance while contributing to cleaner air and quieter urban environments.

A central pillar of the launch is the Green SM Driver ecosystem. Drivers are positioned as professional green mobility ambassadors guided by five core values: Respect, Professionalism, Dedication, Discipline, and Competitive Income with Stable Career Pathways. Structured training, transparent earnings mechanisms, and disciplined service governance aim to elevate driving into a respected profession while maintaining safety and reliability as foundational standards. This framework aligns income stability with environmental responsibility, reinforcing the role of drivers in supporting Bali’s sustainable tourism trajectory.

The launch comes amid rising mobility demand driven by tourism growth and daily transportation needs across the island. The Indonesia Tourism Outlook 2025 report notes a sustained shift toward environmentally responsible travel, underscoring the relevance of electric mobility in long-term development planning. According to projections from Indonesia’s National Development Planning Agency (Bappenas), green employment nationwide is expected to reach 4.8-5.3 million by 2029, reflecting the broader economic potential of sustainable industries.

Mr. Deny Tjia - Green SM Indonesia Managing Director (third from left), Mr H. Hasbi - Chairman of Komotra Taxi Bali (second from left), along with representatives from government agencies at the launch ceremony.
Mr. Deny Tjia – Green SM Indonesia Managing Director (third from left), Mr H. Hasbi – Chairman of Komotra Taxi Bali (second from left), along with representatives from government agencies at the launch ceremony.

Mr. Deny Tjia, Managing Director of Green SM Indonesia, said: “The partnership with Taksi Komotra reflects our long-term commitment to building a high-quality, well-governed mobility ecosystem in Indonesia. By combining electric vehicles with professional driver development and clear operational standards, we aim to support Bali’s sustainable tourism ambitions while delivering safe, reliable, and comfortable rides for the community.”

H. Hasbi, Chairman of Koperasi Komotra, said: “We are proud to partner with Green SM to introduce electric taxis in Bali. Electric mobility will become part of the new standard for tourism and daily transportation on the island, and this collaboration helps us better serve local residents and visitors while preparing for the future of sustainable transport.”

The Bali launch marks another strategic milestone in Green SM’s expansion in Indonesia, following earlier operations in key markets including Jakarta, Makassar, Bekasi, and Surabaya. In these cities, the service has been positively received by local residents and international visitors alike, who value its clean electric fleet, professional drivers, and structured safety standards that enhance travel confidence.

With its growing presence across the country, Green SM continues to build a scalable electric mobility ecosystem that balances environmental responsibility, service excellence, and inclusive economic growth.

Hashtag: #GreenSM

The issuer is solely responsible for the content of this announcement.

About GSM and Green SM

GSM (Green Smart Mobility) is the world’s first company to operate a fully electric ride-hailing service across multiple platforms. As a pioneer in sustainable transportation, GSM has laid the foundation for a cleaner, smarter, and more responsible mobility model powered entirely by VinFast electric vehicles. Founded by Vingroup Chairman Pham Nhat Vuong, GSM is committed to building a future-ready mobility ecosystem while promoting more environmentally conscious lifestyles in markets that are rapidly embracing sustainability.

Green SM is GSM’s official global brand, representing the company’s vision and values in every market it serves. In Southeast Asia, the brand operates as Green SM in Indonesia, Xanh SM in Vietnam and Laos, and Green GSM in the Philippines. Across all markets, the service consistently delivers a modern travel experience through VinFast electric vehicles, professional drivers, and a service culture that prioritizes safety and passenger comfort.

Green SM symbolizes progress toward a future where technology, people, and the environment move forward in harmony. Beyond providing zero-emission transportation, the brand is also committed to fostering environmentally aware communities in every market where it operates.

About Taxi Komotra
Taksi Komotra Bali is part of the Koperasi Mobil Transport Bali, which was established in 1993 under its original name, KOMITRA Bali. In 1996, the cooperative officially changed its name to KOMOTRA Bali and has continued to grow as one of Bali’s local transportation operators.

Today, Taksi Komotra Bali manages two core transportation services: rural bus services and taxi operations. For more than three decades, Komotra Bali has remained committed to providing safe and reliable transportation while supporting local mobility and the tourism sector across the Island of the Gods.

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Wuxi, the Newest UNESCO City of Music, Charms Europe with 2026 Folk Tour

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VIENNA, AUSTRIA – Media OutReach Newswire – 27 February 2026 – A high-level cultural delegation from Wuxi, China’s renowned “Home of Erhu,” has completed a landmark two-week musical tour across Belgium, Germany, Austria, and Hungary. Featuring an over 80-member ensemble from the Wuxi Cultural Exchange Group, the tour represents the city’s most significant international outreach since it was designated a UNESCO Creative City of Music in 2025.

Caption: A standing ovation for the Wuxi Cultural Exchange Group at the Elbphilharmonie Hamburg.

Launched on February 14, the “Chinese Folk Music Odyssey” featured seven major concerts alongside a series of academic and grassroots cultural exchanges. The tour served as a high-level dialogue between the traditional heritage of China’s Jiangnan region and the classical musical heartlands of Europe.

The tour opened at the Centre for Fine Arts in Brussels, where a capacity crowd of 2,000 experienced the vibrant Spring Festival Overture. The ensemble presented a “Chinese Music Feast,” using traditional instruments to paint an auditory “Jiangnan Scroll” of southern Chinese life. In a poignant finale, Chinese fiddles joined forces with local keyed violins to perform the classic Horse Racing. The fusion of Eastern and Western strings brought tears to the eyes of the Chinese diaspora and earned standing ovations from local attendees.

“The melodies possess both natural charm and profound cultural heritage,” noted Belgian music critic Philippe, following six curtain calls. “It is a truly borderless musical exchange.”

Beyond the concert halls, the group engaged with European pop culture in the heart of Brussels’ Comic Strip district. A “flash mob” titled Tintin’s Encounter with Jiangnan Music saw musicians performing alongside iconic murals of Tintin, engaging local youth and residents through social media-friendly cultural interaction.

Caption: Local residents experienced traditional Chinese instruments at the street event.
Caption: Local residents experienced traditional Chinese instruments at the street event.

The journey continued through Germany’s elite venues, including Hamburg’s Elbphilharmonie and the Tonhalle Düsseldorf, showcasing the technical precision of Chinese folk orchestration. In the Austrian Tyrol, the tour took an improvisational turn as Wuxi musicians performed alongside local artists against the backdrop of the Alps, a live demonstration of the “beauty without borders”.

The tour concluded on February 26 in Vienna, where the ensemble hosted the “Dreamy Jiangnan” cultural salon at the Wiener Konzerthaus. The event paired musical performances with an interactive exhibition of Wuxi’s intangible cultural heritage, featuring traditional embroidery and clay figurines. The delegation also visited the University of Music and Performing Arts Vienna for the “Jiangnan Charm, Harmonious Resonance” China-Austria Music Exchange event. Through a series of academic dialogues with faculty and students, both sides engaged in a meaningful cultural encounter. These interactions went beyond simple performances, significantly deepening mutual understanding and strengthening the musical ties between East and West.

By integrating the “Voice of China” into the “World Symphony,” the Wuxi Cultural Exchange Group has opened a new chapter in Wuxi’s enduring musical engagement with the world.
Hashtag: #WuxiInformationOffice

The issuer is solely responsible for the content of this announcement.

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