News

KUALA LUMPUR: Sarawak Consolidated Industries Bhd has secured an RM38mil engineering, procurement, construction and commissioning (EPCC) contract. Read full story

KUALA LUMPUR: The ringgit ended the day unchanged against the US dollar today, as market sentiment remained fragile due to the global interest rate environment. Read full story

KUALA LUMPUR: Destini Bhd’s 70%-owned subsidiary M Rail Technics Sdn Bhd (MRail) has secured a RM531.39mil contract from the Transport Ministry. Read full story

KUALA LUMPUR: Sports Toto Bhd (SPToto) net profit rose more than four-fold year-on-year to RM79.56mil for the third quarter ended March 31 from RM18.68mil. Read full story

KUALA LUMPUR: S P Setia posted a net profit of RM67.5mil in the first quarter ended March 31, compared with RM75.23mil in the same quarter last year. Read full story

KUALA LUMPUR: Hektar Real Estate Investment Trust’s (Hektar REIT) net property income increased 17.9% to RM16.62mil in the first quarter ended March 31 (1Q22) against RM14.09mil recorded a year prior. Read full story

KUALA LUMPUR: GIIB Holdings Bhd said the findings in the investigation report by its external independent auditor has found that there is sufficient basis to hold its executive director (ED), Wong Weng Yew, accountable for misconduct per the charges made against him in the show cause letter dated March 28, 2022. Read full story

KUALA LUMPUR: Nestle (M) Bhd has appointed Syed Saiful Islam as chief financial officer (CFO), effective Aug 1, 2022, succeeding Craig Connolly. Read full story

KUALA LUMPUR: Malaysian Genomics Resource Centre Bhd’s (MGRC) net profit surged almost 10-fold to RM1.96mil in the third quarter ended March 31 from RM200,000 a year earlier. Read full story

KUALA LUMPUR: Southern Cable Group Bhd’s net profit fell 27.7% to RM2.61mil in the first quarter ended March 31, compared with RM3.61mil a year ago due to product mix, higher administrative expenses and finance costs Read full story