News by theedgemalaysia.com

Lim said that while data centres are designed with high levels of redundancy, repeated water supply interruptions could prompt operators to boost storage capacity and contingency measures.

IJM Land Bhd has recorded full take-up for all non-Bumiputera shopoffice units at ArcPoint and a 90% take-up rate for Maison Parc semi-detached homes at launch, reflecting renewed investor and homebuyer confidence in Johor’s property market.

Sunway Property has rebranded its Singapore operations as Sunway MCL, following Sunway Group’s S$738.7 million (RM2.42 billion) acquisition of MCL Land.

Malaysia Airports Holdings Bhd (MAHB) said it has demanded immediate corrective action from its aerotrain contractors as its preliminary assessments revealed a declining trend in the train's system reliability, in particular its vehicle and power distribution systems.

Bina Puri Holdings Bhd (KL:BPURI) has outlined a "conceptual" scheme of arrangement that proposes creditors grant a 10% waiver on debts it owes them, as the company seeks court protection to finalise its financial overhaul.

The external auditor of Country Heights Holdings Bhd (KL:CHHB) has flagged a material uncertainty related to the property developer’s ability to continue as a going concern considering its net loss and its liabilities exceeding assets for the financial year ended June 30, 2025 (FY2025).

Sarawak Consolidated Industries Bhd (KL:SCIB) said it has accepted a second revised contract worth RM172.4 million to build affordable housing in Kota Bharu, Kelantan.

Industrial packaging firm L&P Global Bhd (KL:L&PBHD) is disposing of a leasehold industrial property in Kulim, Kedah, for RM13.88 million cash, to unlock the value of the underutilised property and redeploy capital.

A company that had in February this year obtained a summary judgment against Bina Puri Holdings Bhd (KL:BPURI) for owing it RM28.1 million, has filed a winding-up petition over the unpaid debt.

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.