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That means more data centres are needed to store and process the massive amounts of information traversing between content creators, companies and customers. Data centre demand in Southeast Asia and North Asia is expected to expand about 25% a year through 2028, according to Cushman & Wakefield data. That compares with 14% a year in the US. By 2028, Southeast Asia will become the second largest non-US source of data centre revenue in the world. https://theedgemalaysia.com/node/711185
The Board of Directors of KJTS Group Berhad is pleased to announce that KJ Technical Services Sdn Bhd, a wholly-owned subsidiary of the Company, had on 15 January 2025, entered into a joint venture agreement with Cyclect Investments Pte Ltd to operate the business in relation to cooling as a service (primary business function) and mobile facility maintenance services (secondary business function) in Singapore via a joint venture company.
KUALA LUMPUR (Jan 15): Building support services firm KJTS Group Bhd (KL:KJTS) is planning to operate two businesses in Singapore, involving cooling services and mobile facility maintenance services.
The group's wholly owned unit KJ Technical Services Sdn Bhd signed an agreement with Singapore-based Cyclect Investments Pte Ltd on Wednesday, to set up a 49:51 joint venture company for the businesses, according to a bourse filing.
To achieve this vision, Fajarbaru Builder has also entered into strategic collaborations with various partners to enhance the project's impact, including Pelaburan Hartanah Bhd (PHB), Solarvest Holdings Bhd (KL:SLVEST), KJTS Group Bhd (KL:KJTS), and Cellaax Sdn Bhd, according to filings with Bursa Malaysia. https://theedgemalaysia.com/node/741652
The Board of Directors of KJTS Group Berhad (“KJTS”) is pleased to announce that KJTS had on 20 January 2025 entered into a strategic collaboration agreement with FBG Land Sdn Bhd and The Penang Development Corporation to establish the development and construction of the district cooling system infrastructure for the proposed development known as Medi-City in Batu Kawan, Mukim 13, Daerah Seberang Perai Selatan, Pulau Pinang, Malaysia.
The Board of Directors of KJTS is pleased to announce that its wholly-owned subsidiary in Malaysia, KJ Technical Services Sdn Bhd, had on 21 January 2025 accepted a Letter of Award from M East Sdn Bhd for the provision of FM Services at Marlborough College Malaysia in Johor, Malaysia with undisclosed amount.