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.
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.
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.
Established in 1984, KTI mainly provides design and construction services to Sabah’s Housing and Town Development Board for urban development and affordable housing for the general public and civil servants, as well as general building construction services.
Bloomsvale Shopping Gallery comprises 320,000 sq ft of gross floor area and houses 100 retail units across four levels with 230,000 sq ft of net lettable area.
As at May 31, 2024, Trive Property’s total issued share capital is RM196.
“Affinita” is designed to meet the needs and aspirations of female homebuyers by offering discounts, privileges and other benefits through partnerships with over 100 merchants, such as fashion boutiques and wellness retreats.