Kairous Capital, a Malaysian venture capital firm, has announced the establishment of the Malaysia-China Digital Cooperation Council (MCDCC) and the Malaysia-China Digital Cooperation & Development Fund. The firm signed two separate Memoranda of Understanding (MoU) with Digital Way Group and China Silk Road Group at the Malaysia-China Business Forum in Beijing. The MCDCC aims to foster long-term cross-border collaboration in technology and innovation between Malaysian and Chinese companies. The Malaysia-China Digital Cooperation & Development Fund will invest up to MYR1bn (USD227m) in digital technology sectors, including digital applications, industrial big data, and advanced manufacturing technology. Kairous Capital’s managing partner Joseph Lee represented the firm at the signing ceremony, which was attended by Malaysia prime minister Anwar Ibrahim and other government officials.