The Rise of Data Centres in Malaysia and 4 Key Beneficiaries

Data Centre (DC) had recently became the new gold of Malaysia. Mari-mari come 💁💁💁. Our government is welcoming global technology giants to come onboard to setup their DCs here with priority lanes.

Hence, Malaysia is emerging as the fastest-growing player in the data centre scene within the ASEAN region, driven by several strategic advantages, such as:

• superior infrastructure
• strategic location (close proximity to Singapore)
• favourable government policies

The Malaysian government has been supportive of the data centre industry, with Malaysia Industrial Development Authority (MIDA) and Malaysia Digital Economic Corporation (MDEC) establishing a Digital Investment Office as a one-stop centre to ensure faster processes and approvals.

Started since 2019 👀

National Fraud Portal (NFP) ~ solidify coordinated efforts in curbing financial scams!

Bank Negara Malaysia (BNM), Payments Network Malaysia Sdn. Bhd. (PayNet), and financial institutions have launched the National Fraud Portal (NFP) as an integrated platform to strengthen the operational capabilities of the National Scam Response Centre (NSRC).

NFP automates the end-to-end process of handling scam reports and tracing of stolen funds by the NSRC. The integrated platform allows:

(IPO Listing) All You Need to Know about 99 Speed Mart

The blockbuster IPO listing is real and it will hit the Bursa exchange on 9.9 (2024) as expected ~ sync with it's name mah 😁. This will be the biggest initial public offering (IPO) in Malaysia in 7 years.

Founded by Mr. Lee Thiam Wah (click here to view his brief profile), 99 Speed Mart is a well-known chain of mini-market stores in Malaysia with 2,651 outlets nationwide, with 19 distribution centres across 9 states.

Currently, the company has garnered an estimated market share of 40.1%, effectively being labelled as the largest mini-market player in Malaysia.

It offers a wide range of products, including groceries, household items, snacks, beverages, and personal care products. The stores are typically small, designed to provide quick and easy access to essential goods for local communities.

Here’s what you can expect when visiting a typical 99 Speed Mart:

• Layout: The store is usually compact with aisles that allow for efficient movement. Items are neatly organized on shelves, making it easy to find what you need.
  
  
• Product Range: They offer a diverse range of product portfolio through their outlets with approximately 3,300 SKUs on average across approximately 50 product categories comprising food and beverages, personal and baby care products as well as household products
  
  
• Pricing: 99 Speed Mart is known for its competitive prices. It's popular among Malaysians for providing value-for-money products.
  
  
• Accessibility:  With the tagline of “Near n’ Save”, these outlets are strategically located in residential neighbourhoods, letting consumers the convenient for quick stops.
  

Next, let's jump straight into the key details take from the IPO prospectus below:

Where is all the AwAS cameras located? I dare you to skip this :)

The Road Transport Department (RTD) is currently conducting the phased replacement of its Automated Awareness Safety System (AwAS) cameras at gazetted locations.

• equipped technology ~ Automated Number Plate Recognition
• to enforce speed limit violations
• to enforce traffic signal non-compliance
• to reduce road accidents and fatality statistics

So, below is the full list of locations (as of writing):

GEAR-uP: RM120 Billion Domestic Direct Investment boost from 6 GLICs

In a strategic move to bolster Malaysia’s structural reforms as envisioned in the Ekonomi MADANI framework, the Ministry of Finance (MOF) is spearheading a programme aimed at synergising efforts across Government-Linked Entities to catalyse growth in key economic sectors.

Known as GEAR-uP 💫💫💫

The first phase of the programme will see 6 leading Government-Linked Investment Companies (GLIC) collectively pledge to invest RM120 billion in domestic direct investments (DDI) over the next 5 years, on top of RM440 billion in public market investments under their steady state investment programmes.