News by theedgemalaysia.com

Malaysia’s first Nvidia-powered AI data centre in Johor, developed by YTL Power International Bhd (KL:YTLPOWR) in partnership with tech giant Nvidia Corp, is now operational.

Pavilion Real Estate Investment Trust's (KL:PAVREIT) net property income (NPI) rose 10% to RM145.49 million for the third quarter ended Sept 30, 2025 (3QFY2025) from RM131.86 million a year earlier, driven by its newly acquired assets—Banyan Tree Kuala Lumpur and Pavilion Hotel Kuala Lumpur.

EWI Capital Bhd (KL:EWICAP), formerly Eco World International Bhd, is pivoting its business to investment holding with a A$100 million (RM276.5 million) commitment to a fund investing in prime Australian office buildings.

Pharmaniaga Bhd (KL:PHARMA) is acquiring two industrial buildings in Terengganu and Sarawak for a total of RM30.5 million.

REN Wellness Retreat, a traditional and complementary medicine (T&CM) health destination developed by IJM Land Bhd, marked its soft launch with a ribbon-cutting and signing ceremony officiated by Tourism, Arts and Culture Minister Datuk Seri Tiong King Sing on Wednesday (Oct 29).

Practice Note 17 (PN17) company Meridian Bhd (KL:MERIDIAN) said it has obtained a further extension of time from Bursa Malaysia Securities to submit its regularisation plan.

JLand Group (JLG) and CGS International Securities Malaysia Sdn Bhd (CGS MY) have signed a three-year memorandum of understanding (MOU) to explore a strategic collaboration aimed at strengthening cross-border investment into the Johor-Singapore Special Economic Zone (JS-SEZ).

Permodalan Nasional Bhd (PNB) and the Employees Provident Fund (EPF) said there are no immediate plans to exit the Battersea Power Station project in London. This comes amid talk of the funds looking to sell the commercial asset within the development they acquired in 2019.

KIP Real Estate Investment Trust’s (KL:KIPREIT) net property income (NPI) surged 51% year-on-year for the first quarter ended Sept 30 (1QFY2026), driven by its newly acquired assets.

IJM Corp Bhd (KL:IJM) has bagged a RM873.9 million contract for the mechanical and electrical (M&E) fit-out works of a hyperscale data centre at the Elmina Business Park, Selangor.