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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.
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.
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.
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.
KUALA LUMPUR, Oct 23 (Bernama) -- Gamuda Bhd's shares surged this morning, rising by 2.46 per cent after securing a RM4.3 billion turnkey design and build contract for the Xizhi Donghu Mass Rapid Transit (MRT) project in Taiwan.
By M. Saraswathi
KUALA LUMPUR, Oct 22 (Bernama) -- For a utility company such as Tenaga Nasional Bhd (TNB), a solid financial position, underpinned by a healthy balance sheet, low debt, and strong cash flow, enables it to allocate capital towards infrastructure upgrades, research and development, and operational improvements that benefit end consumers.
KUALA LUMPUR, Oct 19 (Bernama) -- The federal government’s narrower deficit of RM80 billion next year, which is RM4.3 billion below the revised estimate of RM84.3 billion this year, suggests milder net borrowing requirements next year, CIMB Securities Sdn Bhd said today.
KUALA LUMPUR, Oct 18 (Bernama) -- HeiTech Padu Bhd has secured a contract worth RM892.19 million for the National Integrated Immigration System (NIISe) project by the Immigration Department of Malaysia.
KUALA LUMPUR, Oct 17 (Bernama) -- Salcon Bhd’s wholly-owned subsidiary, Salcon Engineering Bhd has bagged a RM18.50 million contract from LTE Engineers Sdn Bhd, on behalf of F&N AgriValley Sdn Bhd.
KUALA LUMPUR, Oct 16 (Bernama) -- Sime Darby Bhd aims to enhance its return on equity (ROE), reduce debt, prioritise the integration of new acquisitions and strengthen its partnership with Toyota and Daihatsu Japan in the financial year 2025 (FY2025).
KUALA LUMPUR, Oct 16 (Bernama) -- Fajarbaru Builder Group Bhd’s wholly-owned subsidiary, Fajarbaru Builder Sdn Bhd (FBSB), has secured a contract from WCT Construction Sdn Bhd, an indirect subsidiary of WCT Holdings Bhd, to undertake the second phase development of AdisonWest located in Larkinton, Johor Bahru, worth RM246.10 million.
KUALA LUMPUR, Oct 14 (Bernama) -- PMB Investment Bhd today announced a total gross distribution of RM2.88 million for PMB Dana Bestari for the financial year ended Sept 30, 2024, with unitholders receiving an income distribution of 2.93 sen per unit.
