KTB unit secures contract worth RM26.44mil
KUALA LUMPUR: Konsortium Transnasional Bhd’s (KTB) wholly owned subsidiary, Transnational Builder Sdn Bhd has secured a RM26.44mil contract from United Allied Development Sdn Bhd. Read full story
KUALA LUMPUR: Konsortium Transnasional Bhd’s (KTB) wholly owned subsidiary, Transnational Builder Sdn Bhd has secured a RM26.44mil contract from United Allied Development Sdn Bhd. Read full story
HONG KONG: Asian shares hit a near two-week top on Wednesday, extending a global relief rally as investors cheered signs the Omicron variant of the coronavirus may be less disruptive to the world economy than first feared. Read full story
KUALA LUMPUR: Scientex Bhd posted an 11.2% higher net profit of RM102.9mil in the first quarter ended Oct 31, 2021, compared to RM92.5mil a year ago. Read full story
KUALA LUMPUR: Carbon taxes imposed by other countries on Asia-Pacific’s exports could dampen the region’s trade activity, particularly in carbon-intensive products, according to Moody’s Investors Service in its latest report. Read full story
KUALA LUMPUR: Top Glove Corp Bhd’s shareholders have greenlit resolutions put forward by its board of directors in support of the proposed dual primary listing on the Hong Kong Stock Exchange (HKEX). Read full story
HONG KONG: Chinese social media giant Weibo Corp’s shares closed 7.2% below their issue price in Hong Kong on Wednesday, as it became the latest U.S.-listed China stock to seek out a secondary listing closer to home. Read full story
HONG KONG: China Evergrande Group’s shares hit a record low on Wednesday after a missed debt payment deadline put the developer at risk of becoming the country’s biggest defaulter, even as hopes of a managed debt restructuring calmed fears of a messy collapse. Read full story
KUALA LUMPUR: Nestle (Malaysia) Bhd will be full transitioning to renewable electricity across all its operations on Jan 1, 2022, beating its earlier target to have 100% of its electricity coming from renewable energy sources by 2025. Read full story
KUALA LUMPUR: TAFI Industries Bhd’s wholly owned unit TAFI Home & Office Sdn Bhd has secured a RM30mil contract from Buana Tunggal Sdn Bhd for construction works at a mixed commercial development at Permas City in Johor Bahru. Read full story
KUALA LUMPUR: Gamuda Bhd is aiming for RM10 billion new order book for the financial year 2022 (FY2022), involving reclamation works for the Penang South Island (PSI) project and projects in Australia. Read full story
KUALA LUMPUR: Bursa Malaysia ended mixed on Wednesday after the market swung between mild gains and losses throughout the day, mainly due to selling in property, healthcare and consumer products and services stocks. Read full story
KUALA LUMPUR: Malaysian Genomics Resource Centre Bhd (MGRC) is not aware of any corporate development or other reasons for the sharp fall in its share price recently. Read full story