Exchange 106 hits 75% committed tenancies
The uptake was bolstered by an expansion from existing tenant Urban Pinnacle Ventures Sdn Bhd, which signed an additional 134,000 sq ft, bringing the total occupancy to nearly 250,000 sq ft.
The uptake was bolstered by an expansion from existing tenant Urban Pinnacle Ventures Sdn Bhd, which signed an additional 134,000 sq ft, bringing the total occupancy to nearly 250,000 sq ft.
The groundbreaking ceremony also saw the signing of a homestay management partnership with Aurum Stay Sdn Bhd.
The land, measuring approximately 1.
Mudajaya said the move is intended to reduce share price volatility, noting that its low trading price means even minor fluctuations can result in outsized percentage changes.
It is the fifth data-centre related contract win for the mechanical and electrical engineering services group since its listing in January this year.
NCT Group executive director Datuk Joe Yap Fook Choy: Our aim is to build a world-class hub that brings together advanced technologies, smart infrastructure and seamless networks, serving as a launchpad for global enterprises while empowering local entrepreneurs to grow in a thriving environment.
The contract covers civil and structural construction works and is scheduled for completion in the first half of 2026.
Bagan member of Parliament Lim Guan Eng: Penang, which lacks natural resources, needs a fresh economic driver to maintain its momentum and advance further.
The Sabah-based property developer said the LOI, which was disclosed in its Bursa Malaysia filing on Tuesday (Oct 14), serves only as a "basis for further discussion and negotiation, subject to approvals and the signing of a definitive agreement".
The airport operator said the latest disruption was "disappointing" given that the aerotrain system had undergone a stringent testing, commissioning, and certification process prior to its launch.