KUALA LUMPUR, Sept 8 (Bernama) -- Bursa Malaysia closed almost flat on Tuesday as buying interest rotated away from index heavyweights towards smaller-cap construction stocks, with sentiment affected by geopolitical uncertainty, said an analyst. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 0.39 of a point to 1,714.40 from Monday’s close of 1,714.79. The benchmark index opened 1.65 points lower at 1,713.14 and moved between 1,710.44 and 1,714.50 throughout the trading session. The broader market was almost evenly balanced, with decliners leading gainers 548 to 546, while 598 counters were unchanged, 1,107 were untraded and 25 were suspended. Turnover expanded to 4.13 billion units valued at RM3.14 billion from 3.60 billion units valued at RM2.45 billion on Monday.
Princeton Digital Group , a data centre operator backed by Warburg Pincus , is considering a private fundraising round to raise up to US$1 billion (RM4.26 billion) , according to sources familiar with the matter. The Singapore-based company is reportedly working with a financial adviser on a potential deal that may include both debt and equity components. The proceeds from this round are expected to be used for refinancing existing debt and supporting its expansion efforts across the region. However, deliberations are still in the early stages, and the firm could decide not to proceed with the fundraising. Princeton Digital has ambitious growth plans, aiming to double the capacity of its data centres within three years to meet rising demand from global artificial intelligence (AI) developers . The company also plans to expand its workforce by adding over 300 employees in key markets such as Japan, Malaysia, Singapore, and India by the end of 2025. Global investors are increasingly ...