Jakel invests in data centre project worth RM1.2 bil
The project will be built in three phases, with the construction of the first phase starting in the third quarter of this year and being completed in the fourth quarter of 2025.
The project will be built in three phases, with the construction of the first phase starting in the third quarter of this year and being completed in the fourth quarter of 2025.
UEM Sunrise will be collaborating with Logos in several areas, including end-to-end construction management, technical work, and assisting in government-related processes, such as licensing applications and securing state approvals.
Among other public-listed companies that have announced their own data centre ventures include YTL Power International Bhd (KL: YTLPOWR) and Sime Darby Property Bhd (KL:SIMEPROP).
The latest gold award was presented to SkyWorld’s for the third instalment of its Awani series, SkyAwani 3, located in Setapak, Kuala Lumpur.
Juwai IQI chief economist Shan Saeed added that Malaysia is still likely to remain a safe haven for investors because of its macroeconomic stability, strategic geography, productive labour force and investor confidence in government policy frameworks.
In a bourse filing, Vizione said the project comprises two 15-storey blocks and three 18-storey blocks.
The exchange has also asked the company to explain the unusual market activity following the sharp decline in its share price.
Local media reported on Tuesday that a managing director of a real estate company was remanded by the anti-graft body for four days to assist in an investigation concerning the subdivision of Malay reserve land in Manjung, Perak.
Kerjaya is joining a bandwagon of Malaysian builders, which include Gamuda Bhd and Sunway Construction Group Bhd seeking highly lucrative contracts to build data centres and other industrial projects.
This fresh collaboration aims to enhance the capabilities of IQI agents through advanced data and mapping capabilities, hence EdgeProp is bringing along its EPIQ capabilities this time around.