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The bank said the financing programme is aimed at assisting Grade G1 to G7 category contractors registered under the Construction Industry Development Board (CIDB), which are involved in MRT projects, to increase their competitiveness in the open market.

Based on the report, key data centre developments in Johor include JB1 by Open DC, Iskandar Puteri Core Data Centre (Nusajaya Tech Park) by VADS, Sedenak Tech Park by Yondr and SEA Data Centre by YTL among others.

The Ultimate Millionaire Convention is “an exclusive event that brings together some of the most successful property agents, investors, industry experts, and entrepreneurs to share their insights and experiences”.

To realise its net zero ambitions by 2050, it will focus on four key mitigation pillars across its own operations and value chain, namely: energy optimisation, supply chain advocacy, industry engagement and product stewardship.

In an exchange filing on Tuesday (April 11), the Bintai said it is sourcing for the appropriate review and negotiation with the parties involved in the concession arrangement to reach amicable solutions to settle debts owing to MBSB.

It also highlighted that the overall Pelikan group’s performance and profitability had improved over the years since its asset streamlining exercise in 2014.

The event was held in collaboration with Yayasan Sukarelawan Siswa (YSS) and Institution of Engineers, Malaysia (IEM) and involved more than 80 volunteers from S P Setia's Team Setia and also staff from YSS and IEM.

The selected projects are Menara JLand, KOMTAR JBCC, B5 Johor Street Market, Ibrahim International Business District and Bandar Dato’ Onn.

CIDB’s Ahmad Asri said that the growing global population also demands consideration of how buildings are constructed, the materials used to create them, and the expected efficiency of the finished buildings.

It was obtained in 2018 in accordance with a concession arrangement of 25 years, with Bintai Kinden as the corporate guarantor.