Sunway Bhd's property development arm, Sunway Property, has recorded RM800 million in bookings for its eight Signature developments from the recent Signature Series 2022 Campaign. Achieving a whopping 1,131 unit bookings, the campaign ended last month and featured eight of Sunway Property's Signature projects - Sunway Alishan, Sunway Flora, Jernih Residence, Sunway Artessa, Sunway d'hill, Sunway Serene, Sunway Velocity Two and Sunway Belfield which are all located in prime locations around the Klang Valley. (NST)

EP Manufacturing Bhd (EPMB) has been approved to assemble and manufacture two-wheeled electric vehicles (EVs) in its upcoming manufacturing facility in Glenmarie, Shah Alam. In a statement on Monday (Oct 3), EPMB said the Ministry of International Trade and Industry (MITI) had on Sept 26, given the former’s unit EP Blueshark Sdn Bhd (EP Blueshark) the licence to make the EVs. (TheEdge)

Ambank (M) Bhd (AmBank) and Merchantrade Asia Sdn Bhd (Merchantrade Asia) have entered into a strategic partnership to launch a hybrid e-wallet, allowing users the benefit from an Islamic current account with a total combined limit of RM50,000. The integration is where the AmBank Islamic hybrid current account-i (hCA-i) integrates with the Merchantrade Money e-wallet with support from DuitNow. (TheStar)

NCT group of companies has inked a memorandum of understanding with Microsoft in Malaysia to support the former in the digitalisation of the upcoming NCT Smart Industrial Park (NSIP) in Selangor. It said in a statement the MoU is set to serve as a starting point for NCT to explore Microsoft’s trusted cloud network and advanced data management solutions for NCT and its future tenants at NSIP. (TheStar)

Ageson Bhd's unit Ageson Net Sdn Bhd is exploring a partnership with Koperasi Belia Nasional Bhd (Kobena), in which Ageson Net will be appointed as an operator to manage the business operations of Kobena's 4,000 units of Internet-of-Things-equipped vending machines and retail refrigerators. In a filing with Bursa Malaysia, Ageson said the memorandum of understanding was a step towards the management of the operation of the smart vending machines, which includes the retail products to be sold in the machines and their integrated network. (TheStar)

Kumpulan Jetson Bhd Chief Operating Officer Lee Seng Yen has resigned with effect from Oct 2, 2022. In a bourse filing on Monday (Oct 3), the company said Lee resigned to pursue other personal goals and interests. (TheEdge)

EITA Resources Bhd is headed for a further year-on-year (YoY) earnings recovery in the financial year ending September 30, 2023 (FY23), benefitting from its lift manufacturing arm, CGS-CIMB Research said. The research firm said that with construction activities resuming and shipping constraints easing, EITA's lift manufacturing division could catch up in FY23. (NST)

Aurelius Technologies Bhd's second quarter (Q2) results were within expectations, achieving 51.1 per cent and 35.1 per cent of Mercury Securities Sdn Bhd's full-year revenue and profit forecasts for the financial year ending January 31, 2023 (FY23) respectively. The firm said this was due to the overall improvement of the global supply chain and logistics. (NST)

RHB Retail Research said Samaiden Group Bhd is eyeing to propel higher as it recently retested the 76 sen immediate resistance above the 21-day average line, firming up the “higher low” bullish pattern. In a trading stocks note on Monday (Oct 3), the research house said if the breakout happens — forming a fresh “higher high” bullish structure — the bulls may likely follow through to drive the stock higher towards the next resistance point of 81.5 sen (the high of Feb 15), then the 90 sen threshold. (TheEdge)

Source: New Straits Times, The Edge Markets, The Star 3 Oct 2022

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