Shares of SkyeChip Bhd traded higher as investors continued to react positively to the company’s latest progress under the Malaysian government-backed semiconductor development initiative involving UK-based chip designer Arm.
As at 10.46 am, SkyeChip rose five sen or 1.66% to RM3.07, after touching an intraday high of RM3.15. The stock opened at RM3.10 and traded between RM3.06 and RM3.15, with 68.8 million shares changing hands, making it among the more actively traded technology counters on Bursa Malaysia.
The positive sentiment follows SkyeChip’s announcement that it has entered into a definitive agreement with the Malaysian Investment Development Authority (MIDA) for access to Arm Limited’s Flexible Access token under the strategic cooperation programme between the Malaysian government and Arm.
The agreement formalises the company’s participation in Arm’s Flexible Access programme, which provides access to a broad portfolio of intellectual property solutions to support semiconductor product development and customisation.
SkyeChip said the initiative is expected to strengthen its chip design capabilities while supporting the growth of Malaysia’s semiconductor ecosystem. The company had previously received conditional approval from MIDA in April 2026 for access to both the Arm Flexible Access token and the Arm Compute Subsystem token.
While the Flexible Access agreement has now been finalised, SkyeChip said it is still reviewing and evaluating the terms and conditions relating to access to the Arm Compute Subsystem token.
