Sunway Construction’s 1Q Net Profit Soars To RM75.71 Mln

KUALA LUMPUR, May 20 (Bernama) -- Sunway Construction Group Bhd’s (SunCon) net profit for the first quarter ended March 31, 2025 (1Q 2025) surged to RM75.71 million, up from RM32.40 million in the same period last year.

MCE, Nanjing Chuhang Technology Sign JV To Produce Driver Assistance Radar

KUALA LUMPUR, May 19 (Bernama) -- MCE Holdings Bhd has signed a joint venture (JV) with Nanjing Chuhang Technology Co Ltd (NCT) to produce driver assistance radar.

Malayan Flour Mills Allocates RM215 Mln CAPEX For FY2025

KUALA LUMPUR, May 19 (Bernama) -- Malayan Flour Mills Bhd (MFM) has allocated RM215 million in capital expenditure (capex) for the financial year ending Dec 31, 2025 (FY2025).

Keyfield International Cautiously Optimistic For FY2025 Amid Macroeconomic Headwinds

By Siti Radziah Hamzah

KUALA LUMPUR, May 19 (Bernama) – Keyfield International Bhd, an offshore support vessel (OSV) provider, is adopting a cautiously optimistic outlook for the financial year ending December 31, 2025 (FY2025), despite a slower-than-usual start to the year and broader macroeconomic uncertainties.

Pekat Group Subsidiary Bags RM135.24 Mln Contract From TNB

KUALA LUMPUR, May 16 (Bernama) -- Pekat Group Bhd’s indirect 60 per cent-owned subsidiary, EPE Switchgear (M) Sdn Bhd, has received a letter of award from Tenaga Nasional Bhd for the supply, installation, testing, and commissioning of distribution networks with a contract value at RM135.24 million.

Keyfield's 1Q 2025 Net Profit Drops To RM20.67 Mln On Lower Vessel Revenue

KUALA LUMPUR, May 15 (Bernama) -- Keyfield International Bhd posted a lower net profit of RM20.68 million for the first quarter ended March 31, 2025 (1Q 2025), compared with RM30.30 million in the same period last year.

CelcomDigi, MoF Inc, YTL, Maxis & DNB Sign Revised Agreement On DNB Shareholding Structure

KUALA LUMPUR, May 13 (Bernama) -- A significant restructuring in the shareholding of Digital Nasional Bhd (DNB) has been confirmed through a newly signed Letter of Variation dated today, altering key terms in the previously agreed shareholders agreement on June 28, 2024. 

Keyfield International Unit Secures AWB Contract From Petronas Carigali

KUALA LUMPUR, May 13 (Bernama) -- Keyfield International Bhd’s (KIB) wholly owned subsidiary, Keyfield Offshore Sdn Bhd (KOSB), has secured a work order award (WOA) from Petronas Carigali Sdn Bhd (PCSB) for the provision of an accommodation work boat (AWB).

MR D.I.Y. 's Net Profit Rises To RM174.15 Mln In 1Q

KUALA LUMPUR, May 5 (Bernama) -- MR D.I.Y. Group (M) Bhd’s net profit rose to RM174.15 million for the first quarter (1Q) ended March 31, 2025, from RM144.88 million in the same period last year.

Steel Hawk Expects Sustained Strong Momentum In FY2025

By Siti Radziah Hamzah

KUALA LUMPUR, April 9 (Bernama) -- Oil and gas services provider Steel Hawk Bhd is expected to record double digit growth for its earnings and revenue in the financial year ending Dec 31, 2025 (FY2025), said executive director Datuk Sharman K. Michael.

Axiata To Exit Myanmar With US$150 Mln Divestment

KUALA LUMPUR, April 4 (Bernama) -- Axiata Group Bhd is exiting Myanmar after its subsidiary, Edotco Investments (Labuan) Ltd, signed a share purchase agreement (SPA) to sell its entire 87.5 per cent stake in Edotco Investments Singapore Pte Ltd for US$150 million (RM713 million).

Gas Malaysia Implements Gas Supply Curtailment Following Putra Heights Incident

KUALA LUMPUR, April 2 (Bernama) -- Gas Malaysia Bhd has implemented a gas supply curtailment in several areas following the recent gas pipeline rupture in Putra Heights that led to the temporary closure of nearby gas facilities.