Maxland inks deal with GDC Data for data centre development collaboration
Under the deal, GDC Data will acquire a 49% stake in Maxland Real, which is to serve as the joint-venture company for the collaboration.
Mieco to sell two pieces of industrial land in Kuantan at RM2.45m loss
This disposal follows Mieco’s strategic rationalisation, which involved consolidating operations at its Kuala Lipis plant to centralise production and achieve cost efficiencies.
Transport Ministry to sharply raise railway track utilisation rate to 80% by 2030
More rolling stocks will be needed to achieve the target, and the government is currently discussing its options and plans.
Minimal govt funding for HSR, revival hinges on private participation, says Loke
The previously terminated high-speed rail (HSR) project linking Kuala Lumpur and Singapore can only proceed with full participation from the private sector and minimal government funding, Transport Minister Anthony Loke Siew Fook reiterated on Monday.
Mitrajaya clinches RM376 mil contract for data centre construction in KL
Mitrajaya Holdings Bhd (KL:MITRA) said it has secured a RM375.5 million contract for the construction of a data centre in Kuala Lumpur.
Berjaya still eyeing KL-S'pore HSR, awaiting Putrajaya's decision, says Vincent Tan
Berjaya Corp Bhd (KL:BJCORP) remains committed to participating in the Kuala Lumpur-Singapore high-speed rail (HSR) project. However, the project’s progression depends on the government's decision-making process and financial conditions, said the group's founder Tan Sri Vincent Tan Chee Yioun.
.jpg)
Malaysia back on EM investors’ radar on data centre play, and as Johor story is 'finally happening', says Jefferies
The long-awaited transformation of Johor into a key investment hub is “finally happening” after a couple of “false dawns”, says Jefferies.
Malaysia data centre plays face further risks, JPMorgan warns as it downgrades Sunway Construction, Gamuda
Malaysian stocks tied to the data centre investment theme face further downside risks, JPMorgan warned and downgraded Sunway Construction Group Bhd (KL:SUNCON) and Gamuda Bhd (KL:GAMUDA).
Construction stocks slip further as investors continue to cut exposure to M'sian data centre plays
Malaysian construction stocks fell further on Friday, as investors further cut their exposure to data centre plays, amid lingering fallout from intensifying US controls on advanced chip exports.
SBH Marine buys land in Penang for new corporate office
Frozen seafood products exporter SBH Marine Holdings Bhd (KL:SBH) has acquired a 7.228-acre vacant industrial land in Penang for RM18.9 million, to build its new corporate office.
