Seven floors of the property, totalling 35,904 square feet, are rented to Commerce Dot Com Sdn Bhd while the remaining floor, encompassing 4,471 square feet, serves as an office for Awantec and its units.
The land, owned by Compugates’ 70%-owned subsidiary Compugates Development and Mining Sdn Bhd (CDMSB), has a market value of RM134.
In a filing with Bursa Malaysia on Friday, DXN said it has issued a 30-day notice of termination to both MMHO and EW.
The energy and construction outfit said it sees the purchase as a strategic opportunity for long-term value creation and growth, citing the increasing scarcity of sizeable and well-positioned commercial land in the city.
Housing and Local Government Minister Nga Kor Ming: “The Prime Minister (Datuk Seri Anwar Ibrahim) has approved this allocation.
Minister of Housing and Local Government, Nga Kor Ming: "This increase reflects the strength of the country's real estate sector, driven by several key factors including low interest rate, positive investor sentiment, and increasingly stable economic prospects.
Despite turbulence in global data centre (DC) trends, MIDF assured that Malaysia remains an attractive destination for DC investments, highlighting the country’s strategic location, abundant resources and cost advantages.
Lebtech said it anticipates the contract to positively impact the group’s earnings and net assets for the financial year ending Dec 31, 2025.
Chief Minister Chow Kon Yeow: “Efforts are underway to increase CCTV coverage across the mainland.
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