<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Nov 1): Gamuda Bhd (KL:<a href="/askedge/klse/5398" class="ce-stock" target="_blank">GAMUDA</a>) has secured a RM451.4 million contract to build a data centre in Cyberjaya.</p></div>

<div class=newsTextDataWrapInner><p>The contract will cover the data centre’s foundational, civil, structural and architectural works, Gamuda said in an exchange filing. Works are expected to begin by December and be completed in the first quarter of 2026, the company said.</p></div>

<div class=newsTextDataWrapInner><p>The contract, a “fast-track project” awarded to a wholly owned subsidiary of Gamuda by BCEI Malaysia Sdn Bhd, will begin to contribute in the current financial year ending July 31, 2025, Gamuda added.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>BCEI was locally incorporated in 2023 by Burr Computer Environments Inc that specialises in planning, design and construction of information technology facilities for numerous Fortune 500 companies.</p></div>

<div class=newsTextDataWrapInner><p>At Friday's noon trading break, Gamuda shares were five sen or 0.59% lower at RM8.49, valuing the group at RM23.95 billion.</p></div>

<div class=newsTextDataWrapInner><p><em>Read also:<br />
<a href="https://theedgemalaysia.com/node/731728" target="_blank">HLIB Research says Gamuda's RM35b year-end order book guidance looking conservative</a></em></p></div>


Gamuda Bhd (KL:GAMUDA) has secured a RM451.4 million contract to build a data centre in Cyberjaya.

The contract will cover the data centre’s foundational, civil, structural and architectural works, Gamuda said in an exchange filing. Works are expected to begin by December and be completed in the first quarter of 2026, the company said.

Gamuda wins RM451.4m job to build data centre in Cyberjaya

Prime Minister Datuk Seri Anwar Ibrahim has instructed Khazanah Nasional Bhd to conduct an internal audit following the RM43.9 million investment loss in FashionValet Sdn Bhd.

Anwar directs Khazanah to audit RM43.9m FashionValet investment loss

The West Coast Expressway (WCE) from Banting, Selangor, to Gelang Patah, Johor, will serve as an alternative route to alleviate the traffic congestion frequently faced by motorists on the North-South Expressway (NSE).

Loke: WCE to ease NSE congestion, boost local economy

Leakages and wastage in government subsidies allocated to the people must be effectively addressed through accurate data and information provided by the Department of Statistics Malaysia (DOSM), said Prime Minister Datuk Seri Anwar Ibrahim.

Accurate data needed to curb leakages in govt subsidies, says Anwar

The Malaysian Anti-Corruption Commission (MACC) has opened an investigation into the investment losses of Khazanah Nasional Bhd and Permodalan Nasional Bhd (PNB) in a local online fashion business.

MACC opens investigation on Khazanah and PNB investment in online fashion business

The auditor general has been empowered to conduct audits on the accounts of 1,856 other companies, including the government-linked companies (GLCs) which came into effect on Friday.

Auditor general empowered to audit account of 1,856 other bodies, GLCs

Prime Minister Datuk Seri Anwar Ibrahim has insisted that he will not block and interfere in the investigation of the National Farmers' Organisation (Nafas) and Khazanah Nasional Bhd by the authorities including the Malaysian Anti-Corruption Commission (MACC).

Anwar: No obstruction, no interference in probe on Nafas, Khazanah

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Elon Musk was dealt a significant setback in a court fight over his purge of Twitter Inc’s top executives when he took over the company in 2022.

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Kumpulan Wang Persaraan (Diperbadankan) (KWAP) has appointed Nazaiful Affendi Zainal Abidin as the chief strategy and services officer effective Nov 1, 2024.

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<p>AMMB Holdings Bhd (KL:AMBANK) — better known as AmBank Group — has been busy putting into action a five-year strategic plan, in which delivering better returns to shareholders is one of its key goals.</p>


AmBank off to a good start

<p>The wife of Zhu Su, the co-founder of collapsed cryptocurrency hedge fund Three Arrows Capital, has managed to sell a mansion she owns in Singapore for S$51 million (US$38.5 million or RM168.45 million), despite a court-imposed freeze against some of the couple’s other assets.</p>


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<p>U Mobile Sdn Bhd, which has been selected to implement the country’s second 5G network, will reduce its foreign majority shareholding to 20% to ensure greater Malaysian control and invite participation from local investors.</p>


U Mobile to reduce foreign majority shareholdings to 20%

<p>Intel will be replaced by Nvidia on the blue-chip Dow Jones Industrial Average index after a 25-year run, underscoring the shift in the chipmaking market and marking another setback for the struggling semiconductor firm.</p>


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<p>The Malaysian Anti-Corruption Commission (MACC) has opened an investigation into the investment losses of Khazanah Nasional Bhd and Permodalan Nasional Bhd (PNB) in a local online fashion business.</p>


<p>Investors are bracing for a busy week packed with economic data, the third-quarter earnings season and, more importantly, the results of the <b>US presidential election</b> on Tuesday.</p>


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<p>Kumpulan Wang Persaraan (Diperbadankan) (KWAP) has appointed Nazaiful Affendi Zainal Abidin as the chief strategy and services officer effective Nov 1, 2024.</p>


<p>Prime Minister Datuk Seri Anwar Ibrahim has insisted that he will not block and interfere in the investigation of the National Farmers' Organisation (Nafas) and Khazanah Nasional Bhd by the authorities including the Malaysian Anti-Corruption Commission (MACC).</p>


<p>The West Coast Expressway (WCE) from Banting, Selangor, to Gelang Patah, Johor, will serve as an alternative route to alleviate the traffic congestion frequently faced by motorists on the North-South Expressway (NSE).</p>


<p>Prime Minister Datuk Seri Anwar Ibrahim has instructed Khazanah Nasional Bhd to conduct an internal audit following the RM43.9 million investment loss in FashionValet Sdn Bhd.</p>


<p>A double dose of potentially market-moving events arrives in the coming week as Americans vote on their next president and the Federal Reserve (Fed) offers more insight on the path of interest rates at its monetary policy meeting.</p>


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<p>Chevron Corp indicated potential US job cuts as part of a new cost-cutting plan.</p>

<p>The US$3 billion (RM13.14 billion) in targeted “structural” cost savings will come from asset sales, the use of new technology and workflow changes, chief executive officer Mike Wirth said during an interview. Chevron recently opened up a US$1 billion innovation hub in Bengaluru, India, which is hiring workers for engineering and digital services.</p>


Chevron flags possible job cuts in US$3b cost plan

<p>Elon Musk was dealt a significant setback in a court fight over his purge of Twitter Inc’s top executives when he took over the company in 2022.</p>


<p>The auditor general has been empowered to conduct audits on the accounts of 1,856 other companies, including the government-linked companies (GLCs) which came into effect on Friday.</p>


<p>Leakages and wastage in government subsidies allocated to the people must be effectively addressed through accurate data and information provided by the Department of Statistics Malaysia (DOSM), said Prime Minister Datuk Seri Anwar Ibrahim.</p>


<p>About two years ago, in the aftermath of the COVID-19 pandemic, China’s economy hit a roadblock. As all sectors underwent deleveraging, economic growth slowed, household savings rates increased, and businesses scaled back their investments and accumulated savings. Many now wonder whether consumer...

<p>Kamala Harris has made freedom a central theme of her campaign. Under the heading“Safeguard our fundamental freedoms,” her website explains that: “Vice President Harris’s fight for our future is also a fight for freedom. In this election, many fundamental freedoms are at stake: the freedom to mak...