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ECRL project owner MRL issues RM350m bond

According to the Bond and Sukuk Information Exchange (BIX) website, the IMTN will pay a semi-annual coupon rate of 3.48%, with the first coupon payment date targeted for Sept 29, 2022, while the last coupon payment date will be March 29, 2027.

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UEM Sunrise achieves 75% take-up for Aspira Gardens Phase 2

According to a press statement on Tuesday (March 29), Phase 2 has a gross development value of RM107 million. It consists of 118 double-storey cluster homes and semidee homes with built-ups starting from 2,608 sq ft and priced from RM763,000. The development is expected to be completed in the first quarter of 2025 (1Q2025).

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Yondr Group announces entry into Malaysian market with plans to build hyperscale campus in Sedenak Tech Park

In a statement, Yondr Group chief executive officer Dave Newitt said: "Malaysia is a significant part of our expansion plans within Southeast Asia. Our ability to secure this critical location in Sedenak Tech Park complements our existing presence in Jakarta, Indonesia and further bolsters our strategic presence in this high growth market. Johor is in close proximity to other key data centre metros, including Singapore, which offers valuable interconnectivity routes, representing a true benefit for the group’s clients, especially in combination with the scalability in meeting requirements of power and land."

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