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PropNex offers properties from the Klang Valley and Penang for June open house

PropNex offers properties from the Klang Valley and Penang for June open house

news

Updated:
  • PropNex Malaysia hosts a June open house featuring 27 properties.
  • Offerings include homes and two shoplots in Klang Valley and Penang.
  • These listings are part of PropNex’s ongoing efforts to connect buyers with quality homes.
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Malaysia’s data centres using only half of approved power, water capacity, says minister

Malaysia’s data centres using only half of approved power, water capacity, says minister

news

Updated:
  • Malaysian data centres use about half their approved electricity and water capacity.
  • Actual electricity consumption is 1,102 MW versus 2,050 MW approved.
  • Water usage is 28.68 MLD, compared to 55.83 MLD approved.
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Battersea Power Station awards Phase 3C construction contract to Sisk

Battersea Power Station awards Phase 3C construction contract to Sisk

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Updated:
  • Sisk will lead Phase 3C construction at Battersea Power Station.
  • This phase adds 300 homes, shops, and a community hub.
  • The project creates 400 jobs, boosting the local economy.
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EcoBuilt flags possible delay in FY2026 annual report

EcoBuilt flags possible delay in FY2026 annual report

news

Updated:
  • EcoBuilt Holdings Bhd anticipates a delay in its FY2026 annual report.
  • Failure to submit by July 7, 2026, will lead to trading suspension.
  • De-listing procedures will begin if the report is not issued within six months.
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Eden at Botanica CT, APAM partner to integrate PRS into senior living project

Eden at Botanica CT, APAM partner to integrate PRS into senior living project

news

Updated:
  • Eden at Botanica CT and APAM partnered to integrate retirement savings into senior living development.
  • Buyers of Eden at Botanica CT's senior living project get a RM25,000 PRS contribution and accident insurance.
  • This initiative aims to provide holistic support for Malaysia's ageing population.
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Malton shares jump 17.3% on AI compute centre partnership with US firm

Malton shares jump 17.3% on AI compute centre partnership with US firm

news

Updated:
  • Malton Bhd shares surged after announcing AI compute centre plans.
  • They will partner with Ricloud AI Inc for this venture.
  • Offers the group an opportunity to tap demand for cloud, AI-related computing and data centre infrastructure.
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TWL says Fairise Odyssey stake buy gives access to over 200 acres of land in Seremban

TWL says Fairise Odyssey stake buy gives access to over 200 acres of land in Seremban

news

Updated:
  • TWL Holdings Bhd will acquire a 45% stake in Fairise Odyssey for RM42 mil cash.
  • Fairise Odyssey holds a 50% stake in Elite Community, which owns 206.64 acres of land.
  • This land is earmarked for a RM1.5 bil affordable housing project.
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Industrial REITs poised to benefit from data centre spin-offs and acquisitions — MBSB

Industrial REITs poised to benefit from data centre spin-offs and acquisitions — MBSB

news

Updated:
  • MBSB Research sees data centre spin-offs boosting REIT exposure.
  • Industrial REITs are prime acquirers due to expertise and growth.
  • Data centres offer stable income but face concentration risks.
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PRG appoints PKF Covenant Equity to conduct independent review of related-party transactions

PRG appoints PKF Covenant Equity to conduct independent review of related-party transactions

news

Updated:
  • PRG Holdings appointed PKF to review transactions between its unit and Premier De Muara.
  • This structure ensures comprehensive reporting on governance and procedural matters.
  • The review ensures accountability and transparency for all shareholders.
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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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