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In total, Crescendo has sold over 150 acres of land for data centre-related development, bringing in sales proceeds of more than RM790 million, cash.

Johari, 52, has decided to step down to pursue new opportunities after holding the CEO post for two years.

The first sub-contract, valued at RM7.

Azam, however, disclosed that Lai is being investigated for embezzlement and abuse of power for his role as the former chairman of the joint management committee, while Lo was sought to help with investigations.

"As we reevaluate our remaining land bank potential, this divestment and monetisation strategy sets the groundwork for substantial technological, economic and community advancements in Johor.

The rise in the wholesale sector was driven by a 4.

Ami said reaching the COD for the Merchang Hybrid Solar Energy Plant demonstrates the group's commitment to becoming a significant contributor to the country’s net zero ambitions.

"We anticipate a successful transformation that will see Encore Melaka thrive as a premier cultural destination.

With this deal, EcoWorld has joined other companies that have ridden the recent wave of artificial intelligence, particularly in data centres, which has swept through the capital market in Malaysia.

The group plans to develop the land by constructing a detached factory, scheduled to commence in 2025 and expected to take 1.