JLand Group Sdn Bhd, the real estate infrastructure arm and wholly owned subsidiary of Johor Corp (JCorp), has signed a memorandum of understanding (MOU) with Mitsui & Co (Malaysia) Sdn Bhd to develop a hyperscale data centre and a renewable energy (RE) facility in the form of a captive solar farm to power data centres in the Sedenak Tech Park (STeP), according to a press release on Monday (Dec 5). The projects will be part of JCorp's Ibrahim Technopolis (IBTEC) development in Johor. The immediate term of the MOU states that JLand and Mitsui will conduct a joint feasibility study of the development of the hyperscale data centre and the captive solar farm. Following the completion of the study, both partners and their co-developers will form a joint-venture partnership to invest, develop and operate the projects.
KUALA LUMPUR: UMW Holdings Bhd’s (UMW) wholly-owned subsidiary, UMW GRANTT International Sdn Bhd has introduced its maiden range of bio hydraulic lubricants, marking its foray into the green product line-up.
KUALA LUMPUR: Stocks that may see increased price action on Tuesday include Bioalpha, OpenSys, Hong Seng Consolidated and LPI Capital, says JF Apex Research.
Based on corporate announcements and news flow on Monday (Feb 7), companies that may be in focus on Tuesday (Feb 8) include Serba Dinamik Holdings Bhd, LPI Capital Bhd, Hong Seng Consolidated Bhd, OpenSys (M) Bhd, and KPower Bhd.
KUALA LUMPUR, Feb 7 Hong Seng Consolidated Bhd has today accepted a letter of intent (LOI) from Mitsui & Co (Malaysia) Sdn Bhd to form a strategic partnership for Hong Seng’s nitrile butadiene latex (NBL) business at Kedah Rubber City and integrated logistics services business at Penang..