Business & Economy Startups Malaysian conglomerate Hong Leong Group launches startup innovation centre

Malaysian conglomerate Hong Leong Group launches startup innovation centre




- Advertisement -

The innovation centre is called HLX and it aims at facilitating corporates and startups to meet

Malaysia-based conglomerate Hong Leong Group announced that it has launched a new innovation centre named HLX. The conglomerate group stated that it seeks to boost the local tech startup ecosystem by creating an intersection point for every aspect in the tech startup community, as reported by KrAsia.

HLX is designed as a Southeast Asia-common practice of private-public partnership (PPP) between Hong Leong Group and the Malaysian Digital Economy Corporation (MDEC), a government agency. It will be located in the heart of Kuala Lumpur.

HLX said it plans to become the hub where corporates can connect with the startup community to exchange ideas and accelerate innovation around technologies like artificial intelligence, high-performance computing and fintech.

- Advertisement -

HLX features a 250,000 square foot facility with co-working spaces, event facilities, talent development programs, an auditorium, restaurants and a gym.

Also Read: Kickstart Ventures to manage Ayala’s US$150M Corporate VC fund in Philippines

The post Malaysian conglomerate Hong Leong Group launches startup innovation centre appeared first on e27.

Source: E27

Send in your scoop to 

- Advertisement -

Kranji land ‘erroneous’ clearing: more supervision not always best solution, says Chan Chun Sing

Singapore – Processes should be streamlined and not more layers of supervision added in public service, said Trade and Industry Minister Chan Chun Sing on Friday (Feb 26) in response to the erroneous clearing of a large patch of woodland in...

National reserves: Whatever their strategic value, Singaporeans have right to know how they are managed

  The ruling People’s Action Party is weaponising knowledge of the exact amount of Singapore’s national reserves as a way of helping it stay in power. That’s unacceptable. It does not have such an in perpetuity right. One of the debates in...

Jolin Tsai’s perky butt got the internet abuzz

Taipei -- Mandopop diva Jolin Tsai isn't shy of flaunting her figure in all kinds of sexy and revealing outfits and her fans are just lapping it up. The 40-year-old singer uploaded a couple of photos from her trip to Yangmingshan...

Send in your scoop to