KMP’s investment will support the development of cutting-edge AOI technology for substrate panel and wafer-level inspection
Starting from the left, John Hyung Moon (CEO of HVSB), Lee Hui-Ni (CIO of KMP), Chin Yong Keong (Group CEO of Edelteq Holdings Berhad) and Desmond Tan (Director of HVSB).
KUALA LUMPUR, 29 September 2025 – Edelteq Holdings Berhad (“Edelteq”) has announced the establishment of Halovision System Sdn. Bhd. (“Halovision”), a joint venture with Halo Technologies Sdn. Bhd. (“HTSB”), to develop and commercialise advanced Automated Optical Inspection (“AOI”) systems for the global semiconductor industry.
As part of this milestone, Kumpulan Modal Perdana Sdn. Bhd. (“KMP”), tech-focused venture capital firm fully owned by the Minister of Finance (MoF) and under the purview of Ministry of Science, Technology and Innovation (MOSTI), will invest up to RM3.2 million in Halovision. The funds will accelerate the development of the Raptor series for substrate panel inspection and the i-Falke series for wafer-level inspection, as well as working capital requirements.
“This partnership is a strong vote of confidence in Halovision’s technology and vision,” said Chin Yong Keong, Group CEO, Edelteq Holdings Berhad. “With KMP’s strategic backing, we aim to accelerate product development and position Malaysia as a key contributor to the next wave of semiconductor innovation.”
“We are proud to support Halovision in its journey here in Malaysia as it advances towards delivering world-class semiconductor inspection solutions,” said Lee Hui-Ni, Chief Investment Officer, KMP. “This investment underscores our deep commitment to nurturing homegrown innovation and strengthening Malaysia’s position in the global electronics and semiconductor value chain.”
“At Halovision, our mission is to push the boundaries of inspection technology to meet the evolving demands of the semiconductor industry,” said John Moon, CEO of Halovision System Sdn. Bhd. “With the combined strengths of Edelteq, HTSB and KMP, we are confident of bringing cutting-edge solutions like the Raptor and i-Falke series to market and establishing Halovision as a trusted technology partner globally.”
A shared vision for growth
The creation of Halovision and KMP’s investment underline Edelteq’s commitment to advancing semiconductor equipment capabilities and deepening Malaysia’s footprint in the global high-tech ecosystem.
More than just capital deployment, the investment represents a strategic collaboration between a government owned venture capital fund and a publicly listed company to back a pioneering semiconductor Malaysian startup. The partnership is positioned to accelerate semiconductor industry advancement in line with Malaysia’s National Semiconductor Strategy by cultivating local talent and technological capability, promoting value-chain upgradation, and strengthening Malaysia’s role as a pivotal enabler in the global semiconductor ecosystem.
About Edelteq Holdings Berhad
Edelteq Holdings Berhad is a dynamic and forward-thinking Malaysian technology company, positioning itself within the region’s high-tech ecosystem. The company offers a comprehensive portfolio that spans semiconductor integrated circuit (IC) packaging, inspection equipment and automation systems, as well as high-precision fabrication services.
At the heart of its portfolio is the i Falke Series AOI, a testament to Edelteq’s commitment to engineering excellence and cutting-edge design. Through strategic collaborations and continuous process optimisation, the company supports clients across the semiconductor value chain. With a customer-centric approach, deep industry knowledge, and a strong emphasis on quality, sustainability, and continuous improvement, Edelteq Holdings Berhad is positioned as a leading semiconductor solution provider in Malaysia and beyond.
About Halo Technologies Sdn. Bhd.
Halo Technologies Sdn. Bhd. is a Malaysia-based technology company focused on advanced optical inspection solutions for the semiconductor industry. Leveraging decades of experience in automated inspection and test systems, Halo develops the Raptor™️ product family, an AI-driven inspection platform designed to meet the rigorous demands of IC substrate and semiconductor manufacturing.
The company combines deep expertise in precision engineering, artificial intelligence, and quality assurance to deliver next-generation Automated Optical Inspection (AOI) systems. Through continuous innovation and customer collaboration, Halo Technologies is committed to enhancing manufacturing yield, safeguarding intellectual property, and positioning Malaysia as a hub for high-value semiconductor technologies.
About Kumpulan Modal Perdana Sdn. Bhd.
Kumpulan Modal Perdana Sdn. Bhd. (“KMP”) is a venture capital firm wholly owned by the Minister of Finance (Incorporated) in Malaysia and under the purview of the Ministry of Science, Technology and Innovation (MOSTI). KMP was established with a mandate to focus on technology development, aimed at spurring the growth of technology-based businesses. Since its inception, KMP has invested in more than 40 companies, encompassing high-tech companies across a spectrum of technology sectors, including but not limited to the Internet of Things (IoT), advanced materials, semiconductors, automation, green technology and renewable energy.