News about data centre

PETALING JAYA (June 30): Crescendo Corp Bhd has reported a sharp jump in earnings for its first quarter ended April 30, 2026 (1QFY2027), as the recognition of a data centre land sale at Bandar Cemerlang Industrial Park (BCIP), Johor, drove revenue and profit before tax sharply higher year-on-year.

KUALA LUMPUR (June 26): Gamuda Bhd’s (KL:GAMUDA) net profit rose 4.

KUALA LUMPUR (June 25): Data centres in Malaysia are currently using only about half of the electricity and water capacity approved for them, Minister of Energy Transition and Water Transformation Datuk Seri Fadillah Yusof said.

KUALA LUMPUR (June 24): The spin-off of data centre assets into real estate investment trusts (REITs) and acquisitions by existing players could significantly increase their exposure to the sector over the next few years, said MBSB Research.

KUALA LUMPUR (June 19): Scottish-based global data and analytics company Wood Mackenzie (WoodMac) warns that Johor’s data centre projects could consume 40% of the state’s electricity demands by 2035, an increase of around 24%, putting pressure on the state’s grid infrastructure to keep up with demand.

KUALA LUMPUR (June 18): Sunway Construction Group Bhd (KL:SUNCON) said it has secured additional change orders worth RM664.

PETALING JAYA (June 18): Bukit Jalil Sentral Property Sdn Bhd (BJSP), a wholly owned subsidiary of MRCB Land Sdn Bhd, which in turn is wholly owned by Malaysian Resources Corporation Bhd (MRCB), has signed a collaboration agreement with Perintis Akal Sdn Bhd (PASB) to develop an AI-ready data centre facility in Bukit Jalil with an estimated gross development cost of RM2.

KUALA LUMPUR (May 25): Malaysia, particularly Johor, has positioned itself as a cost-efficient alternative to Singapore for data centre investments, owing to its relatively abundant land, availability of power infrastructure, and attractive investment incentives.

KUALA LUMPUR (May 15): Maxland Bhd (KL:MAXLAND) has scrapped two planned land leases in Kedah for a proposed data centre and district cooling system after revising its business strategy.

PETALING JAYA (May 12): Nasdaq-listed  Equinix, Inc has announced plans to develop KL2, a new purpose-built International Business Exchange data centre in Cyberjaya, Selangor, representing a total investment of over US$190 million (about RM747 million) — bringing the company's cumulative investment in Malaysia to over US$530 million across its four sites, based on previously reported figures.