The NSRF addresses the use of the IFRS Sustainability Disclosures Standards issued by the International Sustainability Standards Board (ISSB) as the baseline for sustainability disclosures for companies in Malaysia. 

“The demand for a sustainable, resilient and liveable urban environment has never been more pressing."

This is on the back of competitive data centre construction cost and average electricity tariff, coupled with a supportive regulatory environment from streamlined approval processes to conducive framework for data centre operations. 

The order means that the winding up petition has been permanently set aside and no longer in effect. 

Net profit for the three months ended July 31, 2024 (4QFY2024) was RM135.86 million compared to RM114.89 million over the same period last year.

Through this framework, TNB can utilise various financing instruments for its SFTs, which encompass sustainable and responsible investment (SRI), green, social and sustainability (GSS) and transition sukuk, GSS and transition bonds, as well as transition loans.

The Securities Commission Malaysia (SC) has outlined several conditions for single family office vehicles (SFOVs) to be eligible for the recently announced 0% concessionary tax rate, including assets under management (AUM) of at least RM30 million.

The recently announced incentives for Forest City’s Special Financial Zone (SFZ) are expected to uplift the real estate sector, particularly in the Iskandar Malaysia region.

Construction outfit and property development and hospitality management group NCT Alliance Bhd (KL:NCT) plans to acquire a 51% equity interest in Setara Juara Sdn Bhd, which holds the development rights to about 101.037ha or 249.67 acres of land in Putatan, Sabah.

Intel Corp will delay the operations of a new plant currently being built in Malaysia as the world’s largest computer chip maker grapples with declining sales and mounting quarterly losses.