"The global data centre industry is growing quickly this year because of demand from artificial intelligence, machine learning, e-commerce, and cloud computing. Malaysia is transforming from an also-ran to a top contender in data centres so quickly that they call Malaysia a data centre powerhouse."

This is because the conditions precedent in the agreement between Econframe and the seller of the stake, ETA Industries Sdn Bhd, had not been fulfilled within the specified timeframe.

Kwasa Land is a wholly-owned subsidiary of the Employees Provident Fund (EPF) and master developer of Kwasa Damansara.

The entitlement date will be determined after all relevant approvals for the bonus issue have been obtained.

The Petronas Twin Towers was also the recipient of the Editor’s Choice Awards for Timeless Excellence.

Advancecon Holdings Bhd (KL:ADVCON) is working with the Perak government for the development, construction, operation, management, and maintenance of centralised labour quarters (CLQs) in the state, with the aim of addressing the increasing demand from industrial manufacturers for workers' accommodation.

Ekovest Bhd (KL:EKOVEST) clarified that it had officially concluded its contractual role as the project delivery partner (PDP) for the River of Life project in January 2015, according to a filing with Bursa Malaysia on Monday.

Universiti Utara Malaysia (UUM) has signed a memorandum of agreement (MOA) with the Malaysian Institute of Property and Facility Managers (MIPFM) to establish Strata Management Basic course to raise the bar for the stratified property management industry.

Shares in Tafi Industries Bhd (KL:TAFI) surged to their highest in 18 months on Monday, after the company secured contracts for construction, piling and furniture works worth a combined total of RM207.46 million.

Chin Hin Group Property Bhd (KL:CHGP) unveiled its first development in Penang called Crown Penang on Saturday.