SWS invests in drones, AI to boost agricultural output

<p><br />BURSA Malaysia-listed manufacturing company SWS Capital Bhd (SWS) is investing in drone technology with confidence that an Industry 4.0 data-driven approach via artificial intelligence (AI) to Malaysia&#8217;s agriculture will boost yields and efficiency for local producers.</p> <p>In a statement, SWS said it inked a memorandum of understanding today with local information technology (IT) company Nexus Union Sdn Bhd with an Options Agreement to purchase 3.44 million shares or a 51% stake in Nexus&#8217; 70%-owned subsidiary Mata Aerotech Sdn Bhd valued at RM4.725 million.</p>

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