Capital A, the owner of budget airline AirAsia, has successfully completed a private placement to raise 1 billion ringgit, equivalent to $226 million, as confirmed by Group CEO Tony Fernandes. This move is part of the company's ongoing reorganization plan. Concurrently, Malaysia has signed a ten-year agreement to pay Arm Holdings $250 million for chip design plans aimed at enhancing local manufacturing capabilities in advanced chip technology. This initiative is part of Malaysia's broader strategy to develop its semiconductor industry over the next decade, potentially impacting major players like NVIDIA, AMD, and Broadcom.