$MAHSING(8583.MY)$
Ma Xing Group announced that it has officially entered the hot data center field.
The company today launched a data center program called “Mah Sing DC Hub @Southville City”. The first step was to cooperate with Bridge Data Centres (BDC) to build the first data center with a power consumption of up to 100 megawatts (MW).
According to the statement, Ma Xing Group has reserved 150 acres of land in its Southville City project in Wanjin, Xuzhou to build a leading domestic data center park with a total power consumption of 500 megawatts.
As Ma Xing Group's first partner in data centers, BDC is a company mainly controlled by Bain Capital (Bain Capital), and the two parties will build the first data center that consumes 100 megawatts of power on 17.55 acres of land in Southville City.
Ma Xing Group said that the cooperation with BDC is just the beginning.
“We will plan Mah Sing DC Hub@ Southville City as a comprehensive hyperscale digital infrastructure ecosystem, including retail, enterprise services, artificial intelligence (AI) hosting, telecommunications network services, etc., to meet the needs of various businesses.”
Dan, founder and managing director of Ma Xing Group...

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99.5 cents per share · Retained listing status Yang Zhongli Electric Power purchased all of Lianxi Holdings
Yang Zhongli Electric Power $YTLPOWR(6742.MY)$ Through its subsidiary SIPP Power, it spent RM405.17,390, or 99.5 cents per share, to acquire Lianxi Holdings $RANHILL(5272.MY)$ Approximately 31.42% of the shares.
Since the buyer's total shareholding ratio in Lianxi Holdings will increase to about 53.19%, this will trigger a mandatory comprehensive takeover mechanism.
Therefore, Yang Zhongli Electric Power will acquire all remaining shares from other shareholders of Lianxi Holdings at the same price of 99.5 cents per share. In any case, Yang Zhongli Electric Power intends to maintain Lianxi's listed position.
The purchase price of 99.5 cents is nearly 37% off compared to the closing price of RM1.57 on Monday.
Yang Zhongli Electric Power and Lianxi both suspended trading in early trading today to announce the above important news and resume trading at noon.
Full report:99.5 cents per share · Retained listing status Yang Zhongli Electric Power purchased all of Lianxi Holdings
Source: Nanyang Siang Pao
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