YTL Power International is trading 5.74% up at MYR 5.16 after announcing a strategic partnership with JLand Group.
- Announced August 19, 2026, the venture will develop a gigawatt-scale campus at Sedenak Tech Park West: 145 acres initially, with expansion options up to 545 acres.
- Bernama explicitly linked the shares’ 4.09% mid-morning gain on August 20 to the announcement.
- The project complements YTL’s Kulai data-centre park, potentially expanding its Johor digital-infrastructure footprint and supporting optimism around AI and cloud demand.