Land sales in Pulai, Johor, totaling RM219 million to data centre operators have boosted Crescendo Corp Bhd’s net profit to a record high for the first quarter ended April 30, 2024 (1QFY2025).
MARC Ratings Bhd has downgraded YNH Property Bhd's (KL:YNHPROP) Islamic Medium-Term Notes Programme (Sukuk Wakalah) to BBIS with a negative outlook in a move that it says reflects heightening concerns over the group's business and financial prospects.
Gamuda Bhd’s (KL:GAMUDA) net profit rose 5.56% to RM235.8 million for the third quarter ended April 30, 2024 (3QFY2024), from RM223.37 million in the previous year’s corresponding quarter, as it registered higher contribution from overseas projects.
Through this collaboration, GreenRock Energy aims to accelerate its regional expansion by harnessing Solarvest’s expertise in Malaysia and the Southeast Asia market amid heightened demand for RE.
Gamuda Bhd’s (KL:GAMUDA) core net profit may have risen between 3% and 12% in the third quarter from a year ago, driven by better billings from overseas projects, according to RHB Investment Bank.
IJM Corp Bhd (KL:IJM) through its wholly owned unit IJM Construction Sdn Bhd has clinched two contracts totalling RM962.3 million.
Unisem (M) Bhd (KL:UNISEM) is buying 38 plots of land in Gopeng, Perak for RM30.14 million, cash, to expand its semiconductor packaging and test facilities.
Perak Corp Bhd (KL:PRKCORP), which is 52.9% owned by the Perak State Development Corp, has dismissed allegations that it is losing significant land parcels due to unpaid rent, saying they are "categorically false".
Seremban-based property developer Matrix Concepts Holdings Bhd (KL:MATRIX) has inked a second joint venture (JV) with NS Corp to develop new prime land in Malaysia Vision Valley 2.0 (MVV2.0) into a sustainable township in a deal worth RM435.6 million.
Telekom Malaysia Bhd (KL:TM) announced on Tuesday that it is partnering Singapore Telecommunications Ltd (Singtel) to establish greenfield data centre facilities in Iskandar Puteri, Johor.
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