$MNHLDG (0245.BMS)$
(Kuala Lumpur 14th)Chinese architectureMalaysia Limited clarified that the company did not cooperate withMN Holdings(MNHLDG,0245, GEM Construction Group) signed a Memorandum of Cooperation.
The company said today that the news released by the media on August 7 about MN Holdings and China Construction Group signing a memorandum of understanding to cooperate in the development of power projects is false information.
The company stated that it had not signed a cooperation agreement with MN Holding Group, so it made a clarification.
According to a statement published by MN Holdings on the Malaysia Stock Exchange website on August 7, MN Holdings announced that its wholly-owned subsidiary MN Power Transmission Private Co., Ltd. signed a memorandum of understanding with China Construction Engineering (Malaysia) Private Co., Ltd. to cooperate in the procurement, development and undertaking of proposed projects, particularly in the power industry.
（https://www.sinchew.com.my/news/20240807/finance/5823805）

$Meta Platforms (META.US)$
Meta Platforms Q2 2024 earnings conference call is scheduled for July 31 at 5:00 PM ET /August 1 at 5:00 AM SGT /August 1 at 7:00 AM AEST. Subscribe to join the live earnings conference with management NOW!
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What do you expect from Meta Platforms' Q2 earnings? Will the company beat or miss the estimates? Make sure to click the "Book" button to get what managements have to say!
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$Microsoft (MSFT.US)$
Microsoft Q4 FY2024 earnings conference call is scheduled for July 30 at 5:30 PM ET /July 31 at 5:30 AM SGT /July 31 7:30 AM AEST. Subscribe to join the live earnings conference with management NOW!
Beat or Miss?
What do you expect from Microsoft's Q4 earnings? Will the company beat or miss the estimates? Make sure to click the "Book" button to get what managements have to say!
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Morning traders, Happy Friday, where blue screens are freezing industries like airlines and banking worldwide.
$CrowdStrike (CRWD.US)$, a cyber security firm took most of the blame, falling more than 9% after the firm told NBC a faulty update to its "Falcon Scanner" caused at least some of the issues that began Friday at 5:30 am. Most of the problems appear to have caused Microsoft 365 and Azure software and...

Building infrastructure or selling land to operators, developers compete for data center finance
Exclusive report: @Jungle lee
[Data Center Series (Part 1)]
As the housing market has become more and more crowded, it just so happened that data centers are on the rise, drawing attention to the already active industrial industry. Nowadays, companies in different industries make major announcements almost every week, either announcing construction or investing in data centers. The market is hot.
The market has shown a will to develop data centers in different regions of China, and ongoing digital transformation initiatives are also promoting potential large-scale data centers to enter the Malaysian market. This trend and opportunity has shaped the future of Malaysian data centers.
Industrial companies never do business at a loss; they can only invest if they have business opportunities. With a large number of basements, particularly in Johor and Klang Valley, as well as financially sound developers, there is a better chance to seize the opportunity and diversify revenue when this data center storm blows.
As the Singaporean government banned the construction of new data centers in 2019 and conditionally lifted the ban in 2022, Johor, which is close to the water tower, is leading the whole of Malaysia due to its benefits in data center development, and Cybercity, a technology hub, is also catching up in this regard.
As a long-term operating data center, it is expected to become the new favorite of the industrial industry, but how can it attract large industrial companies to enter the market? What factors at home and abroad are stimulating its growth? Can China's hydropower, optical fiber, and digital infrastructure keep up with this surge in demand?
The “Nanyang Commercial Daily” data center series report gave way...

Kucingko, the only animation company that will become Malaysia's stock, is worth up to 54 cents
The Malaysian stock market is in full bloom, and Kucingko is about to welcome the first 2D animation creative company $KUCINGKO (0315.BMS)$Analysts believe that the company's reasonable price is between 43 cents and 54 cents. Compared with 30% of the initial public offering (IPO) of 30 cents per share, there is room for growth of 43% to 80%.
Kucingko is mainly engaged in 2D animation production, using digital drawing to create animated motion and visual content. The company focuses on mid-term production, producing visual content based on characters and scripts already set by the customer.
The company is listed on GEM to raise capital, and plans to set up a branch in East Malaysia, as well as a sales center in Los Angeles to establish stronger customer links.
Currently, the company is establishing partnerships with Sabah University, Sarawak University, and the Sabah Creative Economy and Innovation Center (SCENIC) to explore more talent collaborations, including providing internships, setting up mobile animation studios at universities, and sharing experiences.
Currently, the company's balance sheet is very healthy and has a large amount of cash. As of December 2023, it has net cash of RM14.4 million, or 2.9 cents per share, which is equivalent to 9.6% of the market value.
The company also plans to pay at least 40% of net profit as a dividend. In the past, Kuchingko sent 47% to 16 in the 2020-2023 fiscal year...