Gagasan Nadi Cergas To Acquire Student Hostel Asset Management For RM185 Mln
KUALA LUMPUR, Nov 5 (Bernama) -- Gagasan Nadi Cergas Bhd has proposed the strategic acquisition of a student hostel asset management concession valued at RM185 million.
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Bintai Kinden's Unit Bags RM61.22 Mln Construction Job In Melaka
KUALA LUMPUR, Nov 4 (Bernama) -- Bintai Kinden Corporation Bhd's wholly owned subsidiary, Kejuruteraan Bintai Kindenko Sdn Bhd (KBK), has secured a RM61.22 million construction contract from N&T Asset Sdn Bhd.
Public-listed Companies Show Progress In Adopting MCCG Best Practices -- SC
KUALA LUMPUR, Nov 4 (Bernama) -- Malaysian public-listed companies (PLCs) showed progress in adopting the Malaysian Code on Corporate Governance (MCCG), according to the Securities Commission Malaysia’s (SC) Corporate Governance Monitor (CG Monitor) 2024.
Khazanah, PNB Clarify Their Divestment From FashionValet
KUALA LUMPUR, Nov 1 (Bernama) -- Khazanah Nasional Bhd and Permodalan Nasional Bhd (PNB) have issued separate statements on their RM43.9 million losses after selling their stakes in e-commerce platform Fashion Valet Sdn Bhd for RM3.1 million.
Gamuda Unit Bags RM451.4 Mln Contract To Build Cyberjaya Data Centre
KUALA LUMPUR, Nov 1 (Bernama) -- Gamuda Bhd’s wholly-owned subsidiary, Gamuda Engineering Sdn Bhd, has secured a contract worth RM451.4 million from BCEI Malaysia Sdn Bhd to build a data centre in Cyberjaya.
Public Mutual Declares Distributions Of Over RM94 Mln For Four Funds
KUALA LUMPUR, Oct 30 (Bernama) -- Public Mutual, a wholly owned subsidiary of Public Bank, has declared distributions totalling more than RM94 million for four funds for the financial year ended Oct 31, 2024.
Research Houses Reiterate 'Buy' Call On Mah Sing On Data Centre Joint Development
KUALA LUMPUR, Oct 29 (Bernama) -- Research houses have reiterated their “buy” call on Mah Sing Group Bhd after the company signed a second collaboration agreement with Bridge Data Centres Malaysia VII (BDC) for the joint development of data centres (DCs).
Analysts Lift Target Price On Gamuda Amid New Hydroelectric Deal
KUALA LUMPUR, Oct 28 (Bernama) -- Analysts are maintaining an outperform rating on Gamuda Bhd, raising the target price following the company’s recent contract win, which bolsters earnings visibility.
Gamuda Jv Bags RM3.05 Bln Power Plant Project In Sabah
KUALA LUMPUR, Oct 25 (Bernama) -- Gamuda Bhd, in a joint venture (JV) with Conlay Construction Sdn Bhd, has been appointed as the total development contractor for the Ulu Padas Hydroelectric Power Plant in Sabah.
DXN Posts Lower 2Q Net Profit Of RM65.97 Mln
KUALA LUMPUR, Oct 24 (Bernama) -- DXN Holdings Bhd posted a lower net profit of RM65.97 million in the second quarter of the financial year 2025 (2Q FY2025) ended Aug 31, 2024, from RM76.02 million amid higher foreign exchange losses as well as elevated costs for employee benefit and shipping rates.
MNRB Second Quarter Profit Jumps To RM92.74 Mln On Interest Rate, Forex Gains
KUALA LUMPUR, Oct 23 (Bernama) -- MNRB Holdings Bhd’s net profit jumped to RM92.74 million in the second quarter (2Q) ended Sept 30, 2024 from RM41.57 million in the same period last year.
SC's Audit Oversight Board Prohibits Auditor From Auditing For One Year
KUALA LUMPUR, Oct 23 (Bernama) -- The Securities Commission Malaysia's (SC) Audit Oversight Board (AOB) has prohibited an auditor Sathiea Seelean Manickam from accepting as clients and auditing any public interest entities or schedule funds for a one-year period starting from Oct 22, 2024.