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.
Sime Darby Property to partner Singapore's YCH Group to develop logistics hubs in SEA
Sime Darby Property Bhd (KL:SIMEPROP) is joining hands with Singapore-based YCH Group, a supply chain solutions outfit, to develop logistics hubs in Malaysia, Vietnam and other Asean markets.
AI and data centres to transform future of energy systems, says MD of World Economic Forum
As the world transitions into what the World Economic Forum (WEF) described as the "intelligent age", artificial intelligence (AI) and data centres are emerging as pivotal drivers of technological and energy system transformation.
Urban Renewal Act a top priority, says Housing and Local Govt Ministry
The Housing and Local Government Ministry (KPKT) said its primary focus in 2025 will be tabling the Urban Renewal Act (URA) to redevelop dilapidated urban areas.
TNB: Data centres 'best customers' for infrastructure investment
Tenaga Nasional Bhd (TNB) (KL:TENAGA), Malaysia's largest utility company, views data centres as highly attractive customers for its infrastructure projects, offering excellent returns on investment (ROI).
KLCCP’s unit upsizes sukuk programme to RM2 bil, issues RM600 mil sukuk
KLCC Property Holdings Bhd’s (KLCCP) (KL:KLCC) wholly owned unit Suria KLCC Sdn Bhd has upsized its sukuk murabahah programme to RM2 billion from RM600 million.
MUI group continues to unlock asset value
Andrew Khoo Boo Yeow, the son to whom Tan Sri Khoo Kay Peng passed the baton six years ago, has been in the thick of action to unlock the MUI group’s asset value over the past two years.
Cahya Mata Sarawak aborts joint development of hotel, serviced apartments in Kuching Isthmus
Cahya Mata Sarawak Bhd (KL:CMSB) has aborted its joint venture project to build a four-star hotel and serviced apartments in Kuching Isthmus, a business district in Kuching, Sarawak, with its joint venture (JV) partners.
Retailers urge govt to reconsider electricity tariff hike over impact on country's economic recovery
The Malaysia Retailers Association (MRA) has expressed concerns about the government's decision to increase the base electricity tariff, arguing that it will negatively impact the country's competitiveness and economic recovery.
Gamuda buys land from MUI Properties-Chin Teck JV for RM424m cash, for data centre project
Gamuda Bhd is acquiring 389.7 acres of land in the Springhill Industrial Park, Port Dickson for RM424.4 million, cash, from a joint venture (JV) between MUI Properties Bhd (MUIPROP) and Chin Teck Plantations Bhd.
