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This latest win marks Econpile’s fifth contract secured since the beginning of the year.

In a thematic report on Wednesday, the house said Malaysia’s DC inventory could be 10 times what the industry built over the past 20 years, positioning it significantly ahead of Singapore, which is constrained by land scarcity and environmental regulations.

RHB Research: "We are positive on its landmark JV with Singtel to build a 64MW DC (Phase 1) in Johor to capture the spillover of DC inventories from the island state.

​ The property will serve as the group's headquarters, warehouse and storage facility for vehicles and machinery after project completion.

"In response to this overwhelming demand, we are excited to open registrations for Apex, which will add even more value to this exceptional community.

RAM Rating Services Bhd has assigned a rating of “AA3” to the IMTN programme, and “P1” to the ICP programme, both with a stable outlook.

Jati Tinggi has secured five similar contracts totalling RM118.

“The overall outlook of the construction sector is currently more favourable as the raw material prices of goods have stabilised.

The WCE project involves the development of a 233km tolled highway from Banting, Selangor to Taiping, Perak.

The project will comprise 38 turbines with a generating capacity of 228 megawatts when the wind farm begins operations in 2027, Gamuda said in a statement.