In a challenging year for Asia-Pacific dealmaking, Malaysia stands out with an 87% increase in mergers and acquisitions, totaling USD8.3bn. This includes a notable USD2.6bn buyout of Malaysia Airports Holdings. Malaysia’s tech sector is thriving, with significant investments from global giants like Google and Microsoft, enhancing its AI capabilities and supporting the semiconductor industry with a MYR25bn government investment. The country’s political stability and robust equity performance are attracting both local and international investors, setting a positive outlook for future deals. With the ringgit’s stability and rising interest in sectors like advanced manufacturing and renewable energy, Malaysia is poised for an active M&A landscape and potential significant IPOs in the coming years.