BusinessToday's Trending Stories
Kawan Energy Aims To Move Up The Value Chain With IPO
Kawan Renergy Berhad has entered into an underwriting agreement with M & A Securities Sdn Bhd in conjunction with its upcoming initial public offering on the ACE Market of Bursa Malaysia Securities Berhad.
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UCrest To Assist Digitalise Dental Clinics With AI
UCrest Berhad and MDC Asia Link Berhad have signed the Business Partnership Agreement to digitalize with Artificial Intelligence and Internet of Medical Things the dental clinic chain owned by MDC.
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Kitacon Awarded RM80.9 Million Job By Sime Darby Property For Elmina
Kumpulan Kitacon Berhad announces that its wholly owned subsidiary company, Kitacon Sdn. Bhd. has accepted a Letter of Award from Sime Darby Property (City of Elmina) Sdn Bhd for Main Building Works for a total contract sum of RM80.98 million.
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Gamuda Land To Pioneer Smart Living Solutions With Samsung
Gamuda Land and Samsung Malaysia Electronics, a global leader in technology, have joined forces to revolutionise modern living through the integration of cutting-edge Artificial Intelligence (AI) technology into homes, enhancing convenience, and significantly reducing carbon footprints.
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Spanco Chairman Tan Sri Robert Tan Charged In Court Over RM3.9 Billion Fraud
Spanco Chairman Tan Sri Robert Tan Hua Choon has been charged in court for cheating the Ministry of Finance of Malaysia in awarding a contract worth RM3.9 billion to his company.
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Tourism Malaysia Launches Sarawak Delta Geopark & Gawai 2024 Tour Package
Tourism Malaysia has unveiled the Sarawak Delta Geopark & Gawai 2024 tour package today, aimed at promoting the unique geopark tourism products and the Gawai Festival celebration in Sarawak to both local and international tourists.
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TSMC, UMC Evacuate Chipmaking Lines After Major Taiwan Quake
Taiwan Semiconductor Manufacturing Co. and its closest rival evacuated factory areas after the biggest earthquake to hit its home island in 25 years, casting uncertainty over production at the world’s largest maker of advanced chips.
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China Issues Red Alert For Tsunami
China issued a red alert for tsunami after an earthquake jolted the sea area near Hualien of Taiwan at 7:58 a.m. on Wednesday.
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Keppel REIT’s Foray Down Under Viewed Positively
Keppel REIT proposed acquisition of a 50% stake in 255 George Street for AUD363.8m from Mirvac Funds. The office building has 93% committed occupancy with an average lease to maturity of 6.8 years mostly tenanted to government agencies and a financial institution. The initial NPI yield exceeds 6%. Funded with a mix of AUD and SGD debt, pro-forma DPU accretion will be 1.4% with a higher gearing of 41%.
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MATRADE Sets Sights On Malaysia’s Rail Exports Reaching RM3.1 Trillion By 2030
In 2023, Malaysia’s rail sector experienced a notable surge in global trade, with exports climbing by 14.3% to RM1.3 billion. This uptick underscores the country’s growing prominence in the global rail market. Capitalising on the renewed interest in rail transportation post-pandemic, MATRADE aims to further amplify exports of rail products and services.
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