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Moody’s Ratings expects electricity use by data centers in the Asia-Pacific (APAC) region to grow steadily by about 15% to 20% each year over the next five to six years!
On the technical indices, the slow-stochastic has given a bullish signal as it continues to retrace higher from oversold conditions. This suggests that Master Tec might be gearing up for a breakout, possibly pushing past its recent high of RM1.40