News about data centre

According to JLL’s report, China invested a total of US$21 billion (about RM90.

Formerly known as Minetech Resources Bhd, the group said the signing of this MOU also represents Aizo’s maiden venture into the data centre industry.

The hyperscale data centre will be built according to Google’s customised specifications and infrastructure requirements.

In a thematic report on Wednesday, the house said Malaysia’s DC inventory could be 10 times what the industry built over the past 20 years, positioning it significantly ahead of Singapore, which is constrained by land scarcity and environmental regulations.

Crescendo declared an interim dividend of one sen per share, along with a special dividend of five sen per share, totalling six sen per share, to be paid on Nov 13.

Its total early stage data centre project count is also the second highest across Asia-Pacific, behind India's 3,224 units.

Under the agreement, SysAIU is responsible for sourcing all necessary equipment and infrastructure for the project, including graphics processing units (GPUs), servers, storage systems and cooling equipment.

Sime Darby Property group managing director Datuk Seri Azmir Merican: “We can't provide specific numbers of how the Google data centre will impact our earnings, but it represents an exciting opportunity for us.

The Economist Intelligence Unit (EIU) in a report on Wednesday highlighted the importance of reliable power for DCs, citing power issues and 'struggling grids' in other parts of the world.

“We still see trading opportunities in the stock considering the potential for more contract wins and monetisation news flow.