Investment & Funds news in Malaysia
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GMI Cloud secures NT$30b in commitments for GPU-backed loan in Asia
GMI Cloud, an Nvidia partner, has received commitments of about NT$30 billion (US$947 million) from a dozen banks for a loan backed by GPU computing power sales, more than double its initial target. The funds will be used to purchase advanced chips for an AI data center in Taiwan, with Nvidia guaranteeing a revenue floor by leasing unused capacity.
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GTA Holdings posts RM16m profit, RM144.1m revenue for first half of FY2026
GTA Holdings Bhd recorded a net profit of RM16 million and revenue of RM144.1 million for the first six months of financial year 2026, supported by its MRO business and aviation equipment sales. The company plans to use IPO proceeds to establish a new operational facility in Shah Alam and expand its MRO services.
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KL driver, 66, wins RM23.95m Toto jackpot, plans to settle family debts
A 66-year-old personal driver from Kuala Lumpur won the RM23.95 million Supreme Toto 6/58 Jackpot on Aug 29. The winning ticket was bought in Negri Sembilan, and the numbers were based on his family members and wedding date. He plans to use the winnings to settle his family's debts and save the rest for retirement.