News about Malaysia

With this deal, EcoWorld has joined other companies that have ridden the recent wave of artificial intelligence, particularly in data centres, which has swept through the capital market in Malaysia.

Sime Darby Property chief marketing and sales officer Datuk Lai Shu Wei: “We are thrilled to embark on this health and wellness journey with Technogym.

JLL Malaysia data centre team member Kent Seet said that besides Johor and Greater Kuala Lumpur, Negeri Sembilan and Kedah could see a rise in data centre development activities.

Nippon Paint said TCCS is the first in the region offering tailored refurbishment solutions ranging from repainting to re-waterproofing and reflooring.

“The allocation of proceeds for our working capital requirements will reduce our dependency on external financing, and allow us to undertake more projects concurrently.

Bank Negara Malaysia resisted pressures to raise the overnight policy rate last November, and “we expect the same this week”, HSBC said.

"Genting Malaysia wishes to state that neither the company nor Lim was involved in any such discussions or meetings, and the claims made were untrue," it said in a statement.

According to the REIT, its property operating expenses for the quarter surged 52% y-o-y due to operating expenses incurred for the new property, upgrading works, and higher utility costs driven by additional consumption under the hot weather.

So far this year, CLMT has gained 17%, sharply outperforming its peers, buoyed by potential earnings contributions from its newly-acquired industrial properties.

“Tropicana Alam is our very first foray into the Puncak Alam market, and we’ll be having our official preview this Saturday.