The development comes amid increasing calls for data centres to diversify their water sources through alternatives such as reclaimed water, rainwater harvesting and recycled effluent, as Malaysia has faced an influx of water-intensive data centre projects over the last three years.
The initiative will help "nearly 1.
Effective July 1, 2025, the measures include a one-year exemption for non-reviewable contracts, separation of taxable service and non-taxable material components in mixed contracts, and exemption for residential portions in mixed developments.
Housing and Local Government Minister Nga Kor Ming: Anyone who litters from their vehicle, throws cigarette butts, tissues, plastics, drink cans or food wrappers in public areas will be required to wear a special vest and pick up small litter in public spaces, clean drains, and wash public toilets during the stipulated period.
The company is still watching and assessing the potential impact on its new projects, group managing director Datuk Seri Azmir Merican said at a post-earnings briefing.
Developed by Kerjaya Property Sdn Bhd, Vox Residence is a freehold serviced apartment located along Jalan Sentul, Kuala Lumpur.
Developed by Aspen Group, VERSA is a freehold serviced residence project in Batu Kawan, Penang, and part of the larger Aspen Vision City masterplan.
Developed by Eco Horizon Sdn Bhd, CERIA is an upcoming serviced apartment project within the established Eco Horizon township in Batu Kawan, Penang.
The latest contract also marks another step in expanding Binastra’s presence in the Klang Valley.
All other segments recorded revenue growth except for the engineering services segment, which declined due to progression in the completion stage of ongoing engineering projects.
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