News about data

As landowners and real estate players vex over the dismal property outlook amidst the Covid-19 pandemic, another alternative asset class has emerged from the robust e-commerce to open up many business opportunities – data centre.

PETALING JAYA (Nov 5): According to JLL, logistics and data centre markets have accelerated in the Asia-Pacific region and primarily drove up industrial market transactions by 76% year-on-year (y-o-y) in the third quarter of 2020 (3Q20).

PETALING JAYA (Oct 26): Glomac Bhd is considering venturing into data centre business in the near future to diversify its investment portfolio.

KUALA LUMPUR (Sept 12): The way forward for Sunway in the midst of the pandemic “is to be more digital-driven and asset-light”, and be “more agile and dynamic in a rapidly changing landscape”, director of Sunway Bhd, Sarena Cheah said in an interview with The Edge Malaysia.

KUALA LUMPUR (Aug 6): Serba Dinamik Holdings Bhd said today its wholly-owned subsidiary Serba Dinamik International Ltd (SDIL) had yesterday (Aug 5) accepted a letter of award from Future Digital Data Systems LLC (FDDS) to build a data centre for US$350 million (about RM1.

KUALA LUMPUR (July 3): AIMS Data Centre (AIMS) has commenced construction on a new Tier III purpose-built data centre facility in Cyberjaya.

PUTRAJAYA (June 23): The Court of Appeal has dismissed former deputy prime minister Datuk Seri Dr Ahmad Zahid Hamidi's application to consolidate his 12 criminal breach of trust (CBT) charges to just three charges in his trial for misappropriation of funds belonging to Yayasan Akalbudi.

KUALA LUMPUR (June 18): A contractor testifying in the Datuk Seri Ahmad Zahid Hamidi graft trial told the High Court here that the former deputy prime minister paid more than RM1.

KUALA LUMPUR (June 18): Yayasan Al Falah’s purchase of two bungalow houses in Country Heights, Kajang, for RM5.

KUALA LUMPUR (June 17): A businessman said he was informed by Datuk Seri Dr Ahmad Zahid Hamidi that if he wished to donate to a tahfiz (religious school) run by the former deputy prime minister, he should issue the cheque in the name of law firm Lewis & Co.