Gamuda's 3Q net profit rises 4.5% as domestic construction drives growth, declares five sen dividend
KUALA LUMPUR (June 26): Gamuda Bhd’s (KL:GAMUDA) net profit rose 4.
Malaysia’s data centres using only half of approved power, water capacity, says minister
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.
Industrial REITs poised to benefit from data centre spin-offs and acquisitions — MBSB
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.
Johor's data centres could consume 40% electricity demand by 2035, says WoodMac
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.
Sunway Construction bags RM664 mil variation orders, lifts Johor data centre contracts to RM865 mil
KUALA LUMPUR (June 18): Sunway Construction Group Bhd (KL:SUNCON) said it has secured additional change orders worth RM664.
MRCB unit signs collaboration agreement for RM2.1 bil AI-ready data centre facility in Bukit Jalil
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.
Johor a cost-efficient data centre alternative to Singapore — Moody’s
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.
Maxland scraps land deals for data centre, district cooling system ventures in Kedah
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.
Equinix to build fourth Malaysia data centre in Cyberjaya for US$190m
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.
CBH Engineering secures RM29.69 mil data centre substation job in Johor
KUALA LUMPUR (April 28): CBH Engineering Holding Bhd (KL:CBHB) has secured a RM29.
