Corporate Asia.
Strategy-level analysis of the companies that move Asia’s economy: conglomerates, banks, manufacturers and challengers.
Singtel's Nxera could fetch S$4.5bn in listing, say analysts
Analysts estimate Singtel's data centre arm, Nxera, could be valued at S$4 billion to S$4.5 billion if it pursues a public listing, based on projected FY2028 earnings.
Sunway Construction Wins RM1.02 Billion Johor Data Centre Contract
Sunway Construction Group has secured a RM1.02 billion (US$249 million) engineering contract for a data centre in Johor, Malaysia, from a US-headquartered technology multinational. This contract reveals the continued deployment of capital into Malaysia's digital infrastructure sector, specifically in the southern state of Johor, and significantly expands SunCon's order book for the current financial year.
Parkway Life REIT DPU Rises 14.6% in H1 2026, Driven by Lease Structures
Parkway Life Real Estate Investment Trust (REIT) reported a 14.6 per cent increase in distribution per unit (DPU) to S$0.0877 for the first half of 2026, primarily driven by favourable lease structures in its Singapore and France portfolios, which offset a 2 per cent decline in net property income.