Iskandar Investment partners TM-Nxera to develop RM9 bil AI-ready digital infrastructure in Iskandar Puteri
TM-Nxera is a joint venture between Telekom Malaysia (KL:TM) and Singapore Telecommunications Ltd (Singtel).
TM-Nxera is a joint venture between Telekom Malaysia (KL:TM) and Singapore Telecommunications Ltd (Singtel).
The two projects will provide earnings visibility of up to five financial years, the company noted.
The latest term loan facility is expected to increase the group’s gearing ratio to 1.
DONE DEAL: Terrace house, Bukit Jelutong, Selangor DONE DEAL: Semidee, Damansara Perdana, Selangor Average transacted prices for landed residential properties in Seri Kembangan have decreased by 7.
The report said Malaysia’s ranking demonstrates the growing buying power of Malaysian consumers and their increasing interest in cross-border property investments.
UEM Sunrise is expected to recognise a net disposal gain of RM32 million.
Hon's resignation comes as he reaches the maximum nine-year tenure allowed as the group's independent director since he was appointed in 2015, according to the property developer's stock exchange filing on Tuesday (June 18).
In a bourse filing on Tuesday, Bursa said it is likely to occupy two storeys of The Exchange 106 if the discussion with Mulia Property Development Sdn Bhd materialises.
As of March 31, Nestcon had recorded an unbilled order book of RM1.
The announcement confirms The Edge’s report last week which stated that Singtel, through its indirect subsidiary Nxera My Pte Ltd, had been in discussions with Malaysian authorities to establish a data centre in Iskandar Puteri.