The Malaysianist

The Malaysianist

Crunch time for the “golden kids”

Public money has run its course. What happens next?

Dec 12, 2025
∙ Paid

Two developments this morning, both followthrough to previous coverage.

There’s a major development at drone services provider Aerodyne, where a significant shareholder is considering a crucial action.

And we’ll look at why 500’s Durians I and II funds are back on my radar.

Regular readers will recognise these companies as newsletter mainstays, driven by scoops from sources.

But this is shaping up as a moment of truth for Malaysia’s startup veterans — albeit on different sides of the coin — as both will need to prove themselves after years of being fuelled with public money.

🚀 First, Wednesday’s ICYMI:

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