Gamuda's deal with Google affiliate boosts analysts' confidence in its data centre strategy and job pipeline
MIDF Research said Gamuda's current order book had hit a record high of RM37 billion, with RM15.
MIDF Research said Gamuda's current order book had hit a record high of RM37 billion, with RM15.
Gamuda said the deal reflects its shift toward being a full-service partner for hyperscale data centre developments.
This came after Singapore initiated an investigation on whether servers from US firms Dell and Supermicro containing the chips used in artificial intelligence (AI) applications ended up in unknown final destinations after being first shipped to Singapore-based companies and then exported to Malaysia.
UEM Sunrise officer-in-charge and chief financial officer Hafizuddin Sulaiman: “We focus on delivering the right products to our homebuyers at the right time.
Paragon Pinnacle Sdn Bhd, a subsidiary of EcoWorld, agreed to sell 58.
The data centre projects are key in TM's push to expand the country’s network infrastructure as part of efforts to position Malaysia as a key digital hub for the region.
Under the MOC that is valid for one year, PKB is responsible for securing grants, incentives, and land, facilitating project approvals, and ensuring the implementation of the technology park and high-tech projects.
Eco World "may secure one or two data centre deals", Maybank IB said in a note.
Data centre-related contracts account for about 15% of IJM’s RM6 billion outstanding order book SHAH ALAM (Feb 13): Data centre jobs in Malaysia appear intact despite the US’ attempt to curb exports of advanced chips thanks to strong demand for digital infrastructure, said IJM Corporation Bhd (KL:IJM).
Rakuten Trade head of research Kenny Yee: “Going forward, I believe Trump may take a softer approach towards China.