The 26-year-old Joshi and Henson, who also eagled the last hole, fired matching seven-under-par 65s to trail co-leaders Jorge Campillo of Spain and world number 47 Dylan Frittelli of South Africa by a shot, at the Saujana Golf and Country Club.
Campillo and Frittelli both returned on 66s to set the pace on 15-under-par 201 in a crowded leaderboard at the $3 million event sanctioned by the Asian Tour and European Tour.
Joshi was delighted to be in the hunt for a first Asian Tour victory in his debut appearance at the Maybank Championship.
The amiable Indian chipped in from 20 yards for an opening eagle and returned with five birdies to stay in the title hunt.
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