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.
The project was secured through a 50:50 joint venture between IJM Corp’s construction unit, IJM Construction Sdn Bhd, and Woh Hup Malaysia Sdn Bhd.
BMI said the sustainability-linked regulatory framework proposed by the Ministry of Energy Transition and Water Transformation may carry some degree of risk for data centre builders and operators already engaged in the construction of campuses or facilities.
Technology stocks on Bursa Malaysia have plummeted since Friday amid concerns over disappointing earnings of their global counterparts and design troubles of chips powering artificial intelligence.
Paragon Globe said its wholly-owned Paragon Business Hub Sdn Bhd (PBHSB) has inked a conditional sale and purchase agreement with Bridge Data Centres Malaysia, which is primarily involved in the provision of infrastructure for hosting, data processing services and related activities.
The only property app you need. More than 200,000
sale/rent listings and daily property news.
