Privasia to develop Bagan Datuk data centre on its own, Mara to provide support
Privasia said the project will now be spearheaded by its subsidiary, Silver Streams Technofarm Sdn Bhd.
Privasia said the project will now be spearheaded by its subsidiary, Silver Streams Technofarm Sdn Bhd.
The latest contract brings Kerjaya Prospek's total year-to-date wins to about RM1.
Organised by Ng Chan Mau & Co Sdn Bhd (NCM Co) and Owner Auction (M) Sdn Bhd, attendees can expect a hybrid auction, allowing both on-site and online bidders to participate in real time.
The private sector remained the main growth driver, contributing RM29.
The 34 sen apiece offer from the three shareholders—including the construction company’s managing director and largest shareholder Datuk Liew Foo Heen, second largest shareholder Datuk Soo Sze Ching and executive director Wong Sai Kit—who control an over 70% stake in the company, only received 69,200 shares or a 0.
Taghill—formerly known as Siab Holdings Bhd—said its units Siab (M) Sdn Bhd (SMSB) and Siab Construction Sdn Bhd (SCSB) are seeking to reorganise their debts and business operations “to better serve the interests of creditors under court supervision, safeguard employment and enable a more advantageous realisation of assets compared to a winding-up scenario”.
Construction on the Shah Alam apartment will begin on Nov 17, 2025 and is expected to take 34 months.
Central region already benefits from an established network of suppliers, logistics providers, testing laboratories, higher-learning institutions, and innovation partners.
Cyberjaya DC2 is designed to meet TIA-942 Rated-4 and ISO 27001 standards—the highest global benchmarks for data centre performance and security.
The planned developments will incorporate artificial intelligence, automation, robotics, digital twin technologies and sustainable energy solutions, Chin Hin said in a bourse filing.