Exsim: Talks to terminate data centre deal began before Aperia's legal woes
Aperia Cloud was set to be the first tenant in Phase 1 of Exsim’s data centre project.
Aperia Cloud was set to be the first tenant in Phase 1 of Exsim’s data centre project.
After the proposed capital reduction, Vizione is expected to narrow its accumulated losses to RM20.
This came after Singapore initiated an investigation on whether servers from US firms Dell and Supermicro containing the chips used in artificial intelligence (AI) applications ended up in unknown final destinations after being first shipped to Singapore-based companies and then exported to Malaysia.
Malaysia's property transaction volume and value last year reached their highest levels in a decade last year.
Construction started in October 2023, and the hotel is scheduled to open in the first quarter of 2026.
Sim Leisure announced on Dec 19 that it had received a notice of termination over the project.
When the three properties are fully leased, CLMT is expected to generate an annual gross rent of RM5.
The group — comprising KLCC Property Holdings Bhd and KLCC Real Estate Investment Trust — declared a fourth interim dividend of 17.
HCK Capital is controlled by its executive chairman Tan Sri Clement Hii Chii Kok @ Hii Chee Kok with 55.
The move is expected to eliminate the company’s RM29.