FBM KLCI inches higher as OPR decision looms
KUALA LUMPUR: The FBM KLCI ended the morning session higher as investors look ahead to Bank Negara's overnight policy rate (OPR) decision tomorrow.
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KUALA LUMPUR: The FBM KLCI ended the morning session higher as investors look ahead to Bank Negara's overnight policy rate (OPR) decision tomorrow.
Time dotCom, DigitalBridge Group, AIMS Group, Data centre, Asia, Expansion
KUALA LUMPUR: Bursa Malaysia closed higher on Wednesday in sync with regional markets, while ringgit strengthened against the US dollar.
SINGAPORE: Malaysian telecoms firm TIME dotCom said on Tuesday it would divest its RM3.2bil (US$699.45mil) AIMS Group data centre business to U.S infrastructure investor DigitalBridge.
Global digital infrastructure firm DigitalBridge Group has announced the acquisition of an ownership stake in AIMS Group from Malaysian telecoms firm TIME dotcom and the formation of an edge data centre platform focused on the high-growth markets of the Southeast Asia region.