News by theedgemalaysia.com

The state aims to be a digital and sustainable hub, having secured two major data-centre projects—one green facility in Nilai backed by US investors, and another artificial intelligence (AI)-focused centre by Gamuda Bhd in Port Dickson.

The exercise involves the issuance of up to 435.4 million new units, or approximately 14.9% of its total issued units.

The leasehold development spans 3.49 acres and comprises two towers—490 units in Tower A and 334 units in Tower B. 

Palm oil and timber producer Jaya Tiasa Holdings Bhd (KL:JTIASA) is buying four parcels of land sited one kilometre away from the Sibu town in Sarawak for RM100 million in cash, as it bids to expand into property development.

A group of Kumpulan Jetson Bhd’s (KL:JETSON) minority shareholders, who were blocked from holding an extraordinary general meeting (EGM) to remove the entire board, have asked the court to compel the company to give them access to its shareholder records so they can hold the meeting.

A three-member Court of Appeal bench on Friday dismissed an appeal by the former operator of the Kuala Lumpur Tower for an ad interim injunction (temporary injunction) to halt the government’s award of the KL Tower concession to a subsidiary of Lim Seong Hai Capital Bhd (KL:LSH), LSH Service Master Sdn Bhd.

Exsim Hospitality Bhd (KL:EXSIMHB), formerly known as Pan Malaysia Holdings Bhd, has bagged a RM46 million contract to carry out interior fit-out works on an 11-storey hotel in Port Dickson.

AME Elite Consortium Bhd (KL:AME) on Friday reported a 40.11% increase in net profit for its fourth quarter ended March 31, 2025 (4QFY2025), mainly driven by higher revenue from its construction services segment.

Tropicana Corp Bhd (KL:TROP) has redesignated its group chief executive officer Datuk Mark Victor Rozario as a non-independent non-executive director.

Mah Sing Group Bhd (KL:MAHSING) announced on Friday that it is seeking new partners to develop data centre facilities on 17.55 acres of freehold land in Southville City, Bangi, after talks with Bridge Data Centres lapsed.