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Sunway Construction Poised For Growth With Song Hau 2 Project
The latest update centres on Toyo Ventures Holdings' (TOYOVEN MK) subsidiary Song Hau 2 Power Company achieving the financial closing date for the Song Hau 2 thermal power plant (SH2P) on June 28, a significant milestone despite pending funding details.
CGS and HLIB Maintain Bullish Outlook on IJM After 'Crucial' Maiden Data Centre Job Win
CGS International and Hong Leong Investment Bank (HLIB) said IJM Corp Bhd's (KL:IJM) recent contract win in the data centre space is strategically significant and could pave the way for many more.
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.
CGS Says M'sia a Prime Beneficiary of Data Centre Boom, Names Gamuda, YTL, SunCon as Top Picks
Malaysia and Indonesia are expected to be the prime beneficiaries of rising demand for data centres due to artificial intelligence (AI) growth, according to CGS International.
Titijaya, Jaycorp, Elsoft, UCrest, JAG, DPI, Southern Cable, Volcano, Haily, Hup Seng, JCY International, Censof, Datasonic, SunCon, Minho, Salcon, Gadang
theedgemalaysia.com highlighted 17 stocks with momentum at Bursa Malaysia's afternoon close on Tuesday. Three stocks showed positive momentum, while 14 stocks showed negative momentum.
Sunway Construction Rises to Record High of RM3.87 as Data Centre Job Contract Value Soars to RM3.2 Billion
Shares of Sunway Construction Group Bhd (KL:SUNCON) charted another new all-time high on Tuesday after one of its data centre contracts was upsized to RM3.2 billion from RM1.7 billion.
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