February, 2023 - NK MOBILITY - Page 2

Japan’s Nippon Koei buys majority stake in ASAP Mobility

System engineering and consultancy company ASAP Mobility Sdn Bhd said it has attracted a Japanese peer company to be its strategic shareholder.

ASAP said Nippon Koei Co Ltd has agreed to acquire a majority stake in the group as part of its expansion into Malaysia and the regional market. With that, ASAP will become a subsidiary of Nippon Koei.

ASAP Mobility collaborates with Monash University Malaysia to develop solutions for failures in a fully operational railway system

ASAP Mobility is proud to announce that it has recently entered into a collaboration agreement with Monash University Malaysia in developing solutions for early recognition of the hazards and safety-related failures in a fully operational railway system. The collaboration agreement was signed on 5 May 2021.