Kuala Lumpur, 24 June 2026 – Malton Berhad’s shares surged nearly 30% after the property and construction group announced a proposed collaboration with Ricloud AI Inc to promote and establish artificial intelligence compute centres in Malaysia.
The sharp market reaction reflects growing investor appetite for companies linked to Malaysia’s expanding digital infrastructure and AI ecosystem. Malton’s proposed partnership positions the group to participate in the development of specialised AI compute facilities, a sector increasingly viewed as a key growth area as demand rises for high-performance computing, graphics processing units and cloud infrastructure.
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