Gagasan Nadi Cergas tendering for jobs in excess of RM1.7b
Its tender book consists of bids from the private and public sectors, including essential projects such as hospitals and healthcare facilities.
RHB stays neutral on property sector as new MM2H rules seen having minimal negative impact
The analyst said the new MM2H rules, effective October, are not expected to yield any positive drivers on the property market, while their negative impact is expected to be quite limited.
Solarvest bags RM175m contract to build largest solar farm in Perlis
Solarvest said its unit had been appointed the engineering, procurement, construction and commissioning (EPCC) contractor for the development of the 50MW solar PV facility and received the project from Classic Solar Farm Sdn Bhd
MRCB 2QFY21 net loss narrows year-on-year due to absence of asset impairment
The improved earnings were attributed to the RM197.4 million provision made for the impairment of contract assets, trades and other receivables it incurred a year ago as a result of the Covid-19 pandemic.
Advancecon inks agreement with TNB to build and operate solar PV facility
Advancecon said LSS TPG will design, construct, own, operate and maintain the solar PV energy-generating facility with a capacity of 26 megawatts of alternative current (MWac) in Kuala Langat, Selangor
Paramount completes investment into P2P financing platform Fundaztic
Paramount said its wholly-owned subsidiary Magna Intelligent Sdn Bhd had signed a conditional share subscription agreement with P2P Venture Sdn Bhd and Omegaxis on April 15, for a 30% stake in Omegaxis for RM13.7 million
Bamboo flooring maker Kanger shareholders okay stake buy, director’s share subscription
The synergies that Kanger will be able to leverage from the acquisition of the Sung Master stake will benefit Kanger on multiple fronts, especially with regards to supporting Kanger's property and construction business segments.
PNB warns public of scammers posing as its officers
PNB warned the public to be wary of persons misusing the name or logo of PNB or Amanah Saham Nasional Bhd (ASNB), or disguising as one of its officers to request payments, confidential data or participation in illegal investment activities.
Malaysia’s daily Covid-19 vaccine doses administered hit record high of 521,923 on July 26
Of the 33 million Malaysian population, 12.13 million people or 36.76% had gotten at least their first dose, including 5.7 million or 17.3% who had been fully inoculated.
Economic recovery in APAC to ease in 2H21 while Delta disrupts Southeast Asia — Moody’s Analytics
In a note today, Moody’s Analytics said the spread in Southeast Asia of the Delta variant of the coronavirus that causes Covid-19 is disrupting economic recovery in 3Q21 given the strength of the current wave of the Covid-19 and policy responses to it.
