American-based hyperscale data centre provider Vantage Data Centers announced plans to build the second data centre campus in Cyberjaya with a total investment value of US$3 billion (RM13.32 billion).
Bintai Kinden Corp Bhd made further announcements on its boardroom changes on Tuesday (May 16), including the return of its former chief executive officer Datuk Tay Chor Han as its new group managing director effective May 15.
Sunway Bhd’s acquisition of 5.09 acres of freehold land in Sri Hartamas for RM170 million, with an additional RM50 million if the group managed to increase the development plot ratio (PR), is deemed fair by analysts.
IJM Land Bhd has announced that its 51%-owned UK subsidiary RMS (England) 2 Ltd (RMS 2) has partnered up with UK-based railway company Network Rail to explore development opportunities through Network Rail’s portfolio.
Noteworthy:
When: February 2023
Yong, 48, was appointed to the role on Aug 22, 2022, replacing Choh Kim Chiew and was a member of the Malaysian Institute of Accountants (MIA) and CPA Australia.
Its executive director Noor Azri Datuk Seri Azerai has resigned due to personal reasons and time commitment on other companies.
There will also be an additional sum of RM50 million deposited by the buyer within three months of completion of the conditions of the agreement.
The Sultan of Johor, Sultan Ibrahim Almarhum Sultan Iskandar, today expressed his disappointment over the poor condition of buildings, maintenance, and cleanliness of low-cost flats in the state.
The increase in the overnight policy rate (OPR) to 3% on May 3 is expected to have an impact on property market activity, particularly residential demand, said the National Property Information Centre (Napic).
The only property app you need. More than 200,000
sale/rent listings and daily property news.
