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Binastra bags RM503 mil data centre job in KL

Binastra bags RM503 mil data centre job in KL

news

Updated:
  • Binastra Corp Bhd has secured a RM503 million contract for a data centre in Kuala Lumpur.
  • The project will start on Feb 19, 2026, and is expected to take 20 months to complete.
  • Binastra's outstanding jobs now exceed RM7 billion, marking a new record for the company!
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PKNS unit SIC secures new partner to develop RM2.5 bil data centre in Cyberjaya

PKNS unit SIC secures new partner to develop RM2.5 bil data centre in Cyberjaya

news

Updated:
  • Selangor Industrial Corp (SIC) partners with DC Union for a RM2.5 bil Cyberjaya data centre.
  • This 65MW project replaces a prior withdrawn venture with Silver Ridge Holdings.
  • The new JV, SQDC, will also train 500 Nvidia-certified engineers annually.
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Pan Borneo Highway progress under close watch as every delay comes at a cost, says Salleh

Pan Borneo Highway progress under close watch as every delay comes at a cost, says Salleh

news

Updated:
  • Project delays increase costs and delay benefits for Sabah's people.
  • The inspector general will monitor the Pan Borneo Highway closely.
  • Some work packages are on track for completion this year.
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Sunway-led consortium awarded S$750.6 mil River Valley Green site in Singapore

Sunway-led consortium awarded S$750.6 mil River Valley Green site in Singapore

news

Updated:
  • Sunway Bhd's subsidiary and CSC Land Group won a Singapore land bid for S$750.57 mil.
  • SMCL Haven 3 and CSC will incorporate a JV company, with equity interests of 60% and 40% respectively.
  • It will undertake a proposed development, subject to regulatory approvals.
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GuocoLand divests 20% stake in Tower REIT manager

GuocoLand divests 20% stake in Tower REIT manager

news

Updated:
  • GuocoLand Malaysia divested 20% of GLM REIT Management to HL Management Co.
  • GuocoLand now holds 80% equity, and HLMC holds 20%.
  • The Securities Commission Malaysia approved this change.
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Land matters for Port Klang third terminal development completed since December, says Amirudin

Land matters for Port Klang third terminal development completed since December, says Amirudin

news

Updated:
  • Selangor finalised land matters for Port Klang's third terminal in December.
  • The state awaits federal approval for the project's commencement.
  • Construction on the seabed area is pending a federal decision on ownership.
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GDB faces potential delay in debt recovery as 8 Conlay developer faces judicial management bid

GDB faces potential delay in debt recovery as 8 Conlay developer faces judicial management bid

news

Updated:
  • GDB Holdings faces delays in recovering RM140 million from Damai City Sdn Bhd (DCSB).
  • A creditor filed for judicial management of DCSB, potentially suspending GDB's claims.
  • GDB is consulting lawyers on this new development.
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Tanco MD buys shares from younger brother as shares slip yet again

Tanco MD buys shares from younger brother as shares slip yet again

news

Updated:
  • Andrew Tan Jun Suan bought shares from his brother Edwin Tan Kium Suan.
  • Jun Suan's direct stake in Tanco slightly decreased to 19.41%.
  • Tanco's share price fell, but operations remain unaffected.
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Talam Transform's July 10 EGM allowed to proceed by court amid boardroom battle

Talam Transform's July 10 EGM allowed to proceed by court amid boardroom battle

news

Updated:
  • The High Court approved an EGM to remove Talam Transform's board.
  • Restrictions were placed to maintain the status quo until the July 10 meeting.
  • This follows a dispute with shareholders seeking to appoint new directors.
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