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Malaysia Seeks Chinese Investment to Build More Data Centers, Economy Minister Says
Malaysia is in talks with potential Chinese investors to build data centers in the Southeast Asian country, says Economy Minister Rafizi Ramli. The Malaysian government will strengthen its infrastructure offering to attract more tech companies looking to take advantage of the AI boom, Rafizi tells Bloomberg in an interview on the sidelines of the World Economic Forum in Dalian, China.
Who Are the Potential Beneficiaries in Malaysia's Data Center Supply Chain?
Amid the global wave of Artificial Intelligence, Malaysia is pushing forward with the construction of data centers. Investors are closely watching which companies may benefit from Malaysia's push to build data centers.
MN Holdings Hits Record High Riding on Power Infrastructure Boom
KUALA LUMPUR (June 7): Shares in MN Holdings Bhd (KL:MNHLDG) surged to a record high on Friday, as Hong Leong Investment Bank (HLIB) bet on more power infrastructure projects for the company specialising in underground utilities and substation engineering services.
HLIB starts coverage of MN Holdings, target price at RM1.12
Hong Leong Investment Bank (HLIB) has initiated coverage of MN Holdings Bhd (KL:MNHLDG) with a 'buy' rating at 77 sen, and with a target price of RM1.12, based on 18 times price-earnings on net profit for the financial year ending June 30, 2025 (FY2025).
MN Holdings Berhad (KLSE:MNHLDG) Is Reinvesting At Lower Rates Of Return
MN Holdings Prices Second Tranche of Private Placement Shares
MN Holdings (KLSE:MNHLDG) fixed the second tranche issue price of the placement shares at 0.7173 ringgit each, according to a Tuesday Malaysian bourse filing. The Malaysian utility company proposed a
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