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Malaysia’s data-centre footprint expands as cloud and AI investments deepen across Asean

Malaysia’s data-centre footprint expands as cloud and AI investments deepen across Asean

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Updated:
  • Malaysia's data-centre sector is rapidly expanding due to strong hyperscaler demand and policy support.
  • Cyberjaya and Kuala Lumpur are key hubs, while Johor is emerging as the fastest-growing area for data centres.
  • New Industrial Master Plan 2030 highlights digital infrastructure as vital for economic growth in Malaysia.
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IOI Properties acquires Asia Square Tower 2 for S$2.476 bil, boosting Singapore AUM to S$10 bil

IOI Properties acquires Asia Square Tower 2 for S$2.476 bil, boosting Singapore AUM to S$10 bil

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Updated:
  • IOI Properties will acquire Asia Square Tower 2 in Singapore for S$2.476 billion, enhancing its portfolio.
  • This acquisition increases IOIPG's assets in Singapore to S$10 billion, solidifying its position in the CBD.
  • The property, with a 95.8% occupancy rate, is expected to provide stable income.
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Reports on 127.3ha of Pulau Sebatik land being part of Indonesia inconsistent with official records — Arthur

Reports on 127.3ha of Pulau Sebatik land being part of Indonesia inconsistent with official records — Arthur

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Updated:
  • Malaysia has rejected claims that 127.3 hectares of Pulau Sebatik land were ceded to Indonesia.
  • The correct agreement states that Malaysia lost 123 hectares but gained five, following a 2018 resolution.
  • Both countries will continue to resolve boundary issues through diplomacy and cooperation.
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Bathroom myth: What you don’t know about fires could kill you

Bathroom myth: What you don’t know about fires could kill you

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Updated:
  • Federal Territories Minister Hannah Yeoh emphasises that bathrooms are not safe during fires.
  • Residential fires are the deadliest in Malaysia, with many victims succumbing to smoke inhalation.
  • A culture of safety is essential, involving preparation, management responsibility, and community awareness.
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What’s happening to KL’s older buildings?

What’s happening to KL’s older buildings?

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Updated:
  • Kuala Lumpur's skyline is rapidly evolving, with older buildings facing challenges in maintaining relevance.
  • Iconic structures are being repositioned or redeveloped to meet modern tenant expectations and market demands.
  • The focus is shifting towards unlocking land value and adapting older spaces for new uses.
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Exsim Hospitality unit bags RM138 mil nominated sub-contract for MEP, fit-out and building services works

Exsim Hospitality unit bags RM138 mil nominated sub-contract for MEP, fit-out and building services works

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Updated:
  • Exsim Hospitality Bhd's subsidiary accepted a RM138 million sub-contract from Binastra Builders Sdn Bhd.
  • The works include mechanical, electrical, plumbing, and interior design services over 41 months.
  • This award is expected to positively impact EHB's financial metrics without needing shareholder approval.
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WTEC Group to acquire Semenyih detached factory for RM10.80 mil to consolidate manufacturing operations

WTEC Group to acquire Semenyih detached factory for RM10.80 mil to consolidate manufacturing operations

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Updated:
  • WTEC Group Bhd's subsidiary plans to buy a factory in Semenyih for RM10.80 million cash.
  • The purchase is part of WTEC's expansion strategy to consolidate operations into one facility.
  • Funding will come from IPO proceeds and is not expected to impact earnings or require shareholder approval.
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SGX-listed InnoTek commits RM16 mil to new Melaka facility to strengthen Southeast Asia presence

SGX-listed InnoTek commits RM16 mil to new Melaka facility to strengthen Southeast Asia presence

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Updated:
  • InnoTek Ltd is investing S$5 million in a new manufacturing facility in Melaka.
  • The 10,000 sq m plant will enhance production of precision metal components.
  • This expansion supports InnoTek's growth in Southeast Asia amid shifts in manufacturing away from China.
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SunCon bags RM1.75 bil contract to build hyperscale data centre in Bandar Serendah, Selangor

SunCon bags RM1.75 bil contract to build hyperscale data centre in Bandar Serendah, Selangor

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Updated:
  • Sunway Construction Group Bhd has secured a RM1.75 billion contract for a data centre in Selangor.
  • Construction will start in 3Q2026 and is expected to finish by 3Q2028.
  • The project will positively impact earnings from 2026 onwards, despite no immediate effects.
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TSiC unit gets six-month extension to complete Melaka industrial land acquisition

TSiC unit gets six-month extension to complete Melaka industrial land acquisition

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Updated:
  • TSiC Bhd's subsidiary BPE Synergy has extended its acquisition of two industrial land parcels in Melaka.
  • The completion deadlines for both parcels have been pushed to October 20, 2026, due to pending state consent.
  • This marks the fourth extension since the acquisition was first announced on August 22, 2025.
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