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The brokerage noted six compelling reasons that supported its view.

Moreover, these included strong take-up rates of new property projects, record selling prices of new developments, accelerating pace of placemaking activities, improved connectivity, industrial/data centre development and the ripple effect from the Johor-Singapore Special Economic Zone (SEZ).

“There was renewed interest for properties in Johor, which first centred on high-rise developments in Johor Baru city near the proposed Johor-Singapore Rapid Transit System Link (RTS Link), but has since spread towards other areas such as Iskandar Puteri,” it said.

PETALING JAYA: Property developers with strategic land banks in Iskandar Puteri, Johor, have enjoyed brisk sales for their recent launches as connectivity improves.This trend is augmented by growing demand for industrial properties and land for data centre developments in the state, according to CIMB Securities Research.

Following its recent visit to two major developments in Iskandar Puteri – namely Sunway City Iskandar Puteri (SCIP) by Sunway Bhd and Puteri Harbour by UEM Sunrise Bhd – in conjunction with Invest Malaysia 2024, the brokerage said it came away feeling “more assured that the feel good factor generated from Johor’s transformative landscape would eventually trickle down to Iskandar Puteri, the heartbeat of the Iskandar Malaysia within the southern development corridor of Johor”.

“This, in turn, has helped prod a nascent revival in demand for properties in Iskandar Puteri and its surrounding areas,” CIMB Securities Research said.

Is this good news or bad news?

Reference is made to our earlier announcement dated 22 April 2024 in relation to the above matter.

Puncak wishes to inform the Exchange that the Company had on even date received a letter dated 15 October 2024 from the Companies Commission of Malaysia notifying that Puncak Patem Konsortium Sdn Bhd (“PPKSB”) had been struck off from the Register of Companies Commission of Malaysia pursuant to Section 550 of the Companies Act, 2016 on 7 October 2024.

Accordingly, PPKSB ceased to be a subsidiary of Puncak on 7 October 2024.

This announcement is dated 15 October 2024.

Budget 2025 announcement is coming with more incentives to boost the economy!

Breakout alert!

Better buy UEMS and MRCB.. lol

Big incentive for these 2..
1. Johor Singapore Special Economic Zone
2. Special Financial Zone

Show starting?

One of the stocks benefited from Budget 2025

Selling pressure again...

Hit Golden Cross

Hit 0.885! Good sign

The volume says, Budget 2025 announces HSR to start... MRCB and its consortium will be awarded for this project

Good performance today - hopefully tomorrow continue the momentum

Hit RM 0.70!

Hit R RM 0.860

If can break RM 0.690... then fly to RM 0.770

KUALA LUMPUR (Oct 2): Oracle plans to invest more than US$6.5 billion (RM27 billion) to set up its first public cloud region in Malaysia, the company said on Wednesday, the latest major investment by a global tech firm into the Southeast Asian country.

Technology giants including Microsoft, Nvidia, Alphabet unit Google and China's ByteDance have announced billions of dollars worth of digital investments into Malaysia since last year, mostly in cloud services and data centres, powering an infrastructure boom driven by growing demand for artificial intelligence (AI).

A cloud region is the physical, geographic location where a company's public cloud facilities are located. Oracle's venture is set to be one of the largest single tech investments so far, outpacing the US$6.2 billion planned spending by Amazon's cloud unit AWS announced last year.


The planned public cloud region will help organisations in Malaysia modernise their applications, migrate their workload to the cloud, and innovate with data, analytics and AI, the US firm said in a statement.

It would also allow the firm's Malaysian customers which include government agencies, financial institutions, and airline and hospitality companies, to use cloud services based in the country, rather than those based externally, said Oracle's executive vice president for Japan and Asia Pacific Garrett Ilg.

"Those customers look to Oracle to support their innovation... to move into standardised processes to be faster, to be more controlled and be more cost-effective," Ilg told Reuters in an interview.

The cloud region in Malaysia would be Oracle's third in Southeast Asia, after its two existing facilities in Singapore. It currently has 50 public cloud regions across 24 countries, according to its website.

Oracle last month raised its fiscal 2026 revenue forecast and said it expects to cross US$100 billion in revenue in fiscal 2029, indicating rising demand for its cloud services.

The company also wants to continue its expansion across Asia, with more data centres and infrastructure projects planned "from Japan all the way down to New Zealand... all the way to India," Ilg said.

Chris Chelliah, Oracle's senior vice president for technology and customer strategy in Japan and Asia Pacific, said Malaysia provided further growth potential and market opportunities for the company as part of a broader AI and data centre development push in Southeast Asia.

In the past year, Microsoft has announced cloud services investments worth US$1.7 billion in Indonesia, while Amazon has announced plans to invest US$9 billion in Singapore and US$5 billion in Thailand.

Google on Tuesday broke ground on a US$2 billion data centre in Malaysia, part of investments that it said would contribute more than US$3 billion to the country's economy by 2030.

Support RM 2.850

Hopefully can break RM 0.860 first...

NOSH only 532 Million... can easily fly!

KUALA LUMPUR (Oct 2): Oracle plans to invest more than US$6.5 billion (RM27 billion) to set up its first public cloud region in Malaysia, the company said on Wednesday, the latest major investment by a global tech firm into the Southeast Asian country.

Technology giants including Microsoft, Nvidia, Alphabet unit Google and China's ByteDance have announced billions of dollars worth of digital investments into Malaysia since last year, mostly in cloud services and data centres, powering an infrastructure boom driven by growing demand for artificial intelligence (AI).

A cloud region is the physical, geographic location where a company's public cloud facilities are located. Oracle's venture is set to be one of the largest single tech investments so far, outpacing the US$6.2 billion planned spending by Amazon's cloud unit AWS announced last year.


The planned public cloud region will help organisations in Malaysia modernise their applications, migrate their workload to the cloud, and innovate with data, analytics and AI, the US firm said in a statement.

It would also allow the firm's Malaysian customers which include government agencies, financial institutions, and airline and hospitality companies, to use cloud services based in the country, rather than those based externally, said Oracle's executive vice president for Japan and Asia Pacific Garrett Ilg.

"Those customers look to Oracle to support their innovation... to move into standardised processes to be faster, to be more controlled and be more cost-effective," Ilg told Reuters in an interview.

The cloud region in Malaysia would be Oracle's third in Southeast Asia, after its two existing facilities in Singapore. It currently has 50 public cloud regions across 24 countries, according to its website.

Oracle last month raised its fiscal 2026 revenue forecast and said it expects to cross US$100 billion in revenue in fiscal 2029, indicating rising demand for its cloud services.

The company also wants to continue its expansion across Asia, with more data centres and infrastructure projects planned "from Japan all the way down to New Zealand... all the way to India," Ilg said.

Chris Chelliah, Oracle's senior vice president for technology and customer strategy in Japan and Asia Pacific, said Malaysia provided further growth potential and market opportunities for the company as part of a broader AI and data centre development push in Southeast Asia.

In the past year, Microsoft has announced cloud services investments worth US$1.7 billion in Indonesia, while Amazon has announced plans to invest US$9 billion in Singapore and US$5 billion in Thailand.

Google on Tuesday broke ground on a US$2 billion data centre in Malaysia, part of investments that it said would contribute more than US$3 billion to the country's economy by 2030.

KUALA LUMPUR (Oct 2): Oracle plans to invest more than US$6.5 billion (RM27 billion) to set up its first public cloud region in Malaysia, the company said on Wednesday, the latest major investment by a global tech firm into the Southeast Asian country.

Technology giants including Microsoft, Nvidia, Alphabet unit Google and China's ByteDance have announced billions of dollars worth of digital investments into Malaysia since last year, mostly in cloud services and data centres, powering an infrastructure boom driven by growing demand for artificial intelligence (AI).

A cloud region is the physical, geographic location where a company's public cloud facilities are located. Oracle's venture is set to be one of the largest single tech investments so far, outpacing the US$6.2 billion planned spending by Amazon's cloud unit AWS announced last year.


The planned public cloud region will help organisations in Malaysia modernise their applications, migrate their workload to the cloud, and innovate with data, analytics and AI, the US firm said in a statement.

It would also allow the firm's Malaysian customers which include government agencies, financial institutions, and airline and hospitality companies, to use cloud services based in the country, rather than those based externally, said Oracle's executive vice president for Japan and Asia Pacific Garrett Ilg.

"Those customers look to Oracle to support their innovation... to move into standardised processes to be faster, to be more controlled and be more cost-effective," Ilg told Reuters in an interview.

The cloud region in Malaysia would be Oracle's third in Southeast Asia, after its two existing facilities in Singapore. It currently has 50 public cloud regions across 24 countries, according to its website.

Oracle last month raised its fiscal 2026 revenue forecast and said it expects to cross US$100 billion in revenue in fiscal 2029, indicating rising demand for its cloud services.

The company also wants to continue its expansion across Asia, with more data centres and infrastructure projects planned "from Japan all the way down to New Zealand... all the way to India," Ilg said.

Chris Chelliah, Oracle's senior vice president for technology and customer strategy in Japan and Asia Pacific, said Malaysia provided further growth potential and market opportunities for the company as part of a broader AI and data centre development push in Southeast Asia.

In the past year, Microsoft has announced cloud services investments worth US$1.7 billion in Indonesia, while Amazon has announced plans to invest US$9 billion in Singapore and US$5 billion in Thailand.

Google on Tuesday broke ground on a US$2 billion data centre in Malaysia, part of investments that it said would contribute more than US$3 billion to the country's economy by 2030.

https://ceomorningbrief.theedgemalaysia.com/2024/0840/

https://ceomorningbrief.theedgemalaysia.com/2024/0840/

Bleeding until the war is over

Glomac Bhd says it should benefit from potential heightened activities in Johor with the proposed introduction of a special financial zone in Forest City, and a possible revival of the Kuala Lumpur-Singapore high speed rail project.

The company is bullish given its existing presence in Johor through the Sri Saujana and Saujana Jaya township developments, which have a combined landbank totaling 238 acres and a total potential estimated gross development value (GDV) of RM800 million.

Octobull

The contract sum for the Works shall be the amount of RM50,866,615.69 (Ringgit Malaysia Fifty Million Eight Hundred Sixty-Six Thousand Six Hundred Fifteen and Sixty Nine Cents only) based on fixed contract rate basis (subject to re-measurement), excluding Sales and Service Tax.

The Board of Directors of AIZO Group Berhad (formerly known as Minetech Resources Berhad) ("AIZO" or "the Company") wishes to announce that Minetech Construction Sdn Bhd [Registration No. 198901007269 (184572-W)] ("MCSB"), a wholly-owned subsidiary of AIZO has on 30 September 2024 accepted a Letter of Award ("LOA”) from Richmont Estate Sdn Bhd (formerly known as Panca Resmi Sdn Bhd) [Registration No. 198701002891 (161563-H)], to undertake the proposed execution and completion of the external infrastructure works for the project known as “Cadangan Pelan Susunatur di atas Lot 4465 dan sebahagian Lot 41345 (Lot Lama 4463) melalui kaedah serah balik dan bermilik semula di bawah Seksyen 204B (KTN1965) Bandar Serendah, Mukim Serendah, Daerah Hulu Selangor, Selangor Darul Ehsan untuk Tetuan Panca Resmi Sdn Bhd”, for a contract sum of RM14,550,000.00 only ("Contract”).

The Board of Directors of JTGB wishes to announce that Jati Tinggi Holding Sdn Bhd (Registration No. 200301020328 (622748-W)), a wholly-owned subsidiary of the Company had on 30 September 2024 accepted a Letter of Award issued by Worktime Engineering Sdn Bhd (Registration No. 200201014648 (582311-P)) to perform sub-contract works for a contract namely “132KV SINGLE CIRCUIT FOR PMU LOCATED AT CYBERJAYA”.

Going back to RM 2.850

LEMBAGA TABUNG AMANAH WARISAN NEGERI TERENGGANU (a substantial shareholder) acquired 55,000 shares on 24-Sep-2024.

LEMBAGA TABUNG AMANAH WARISAN NEGERI TERENGGANU (a substantial shareholder) acquired 52,500 shares on 25-Sep-2024.

Rebound starts

Baru bangun tidur

MRT3 project still on track.. MRCB will benefit from it

Today profit taking..tomorrow rebound...

SNS NETWORK TECHNOLOGY BERHAD declared Second Interim Dividend - RM 0.0025, the Ex Date on 07-Nov-2024.

Tomorrow technical rebound

When majority of counters are red, while AIZO maintain as one of the green counters today.

TP RM 1.60

https://www.thestar.com.my/business/business-news/2024/09/25/new-sfz-incentives-to-buoy-forest-city

https://www.malaysiakini.com/news/720197

Seems like HSR project will be funded and build by company from China.. no hope for MRCB?

Potentially retrace back to below RM 3.00

LEMBAGA TABUNG AMANAH WARISAN NEGERI TERENGGANU (a substantial shareholder) acquired 87,000 shares on 23-Sep-2024.

Good closing

FLYYYYYYYYYYYYYYYYYYYYYYYYYY

selling pressure

Definitely something is brewing! JACKPOT

FD Idzham, Business Development & Corporate Strategy at Glomac Berhad, who is the son of Datuk Fateh Iskandar, who is also the group managing director and chief executive officer, owns another 19.17% stake in Glomac recently married to Sultan Pahang's daughter, August 2024.

https://www.nst.com.my/news/nation/2024/08/1095433/tengku-puteri-afzan-and-fd-idzham-tie-knot-watch

Touch 0.655