The government has appointed Malaysia Airports Holdings Bhd (MAHB)  to manage 39 airports and Short Take-off and Landing Air Strip (STOLports) for another 45 years, until Feb 11, 2069. (NST)

SBH Marine Holdings Bhd will raise gross proceeds of RM39.6mil from its initial public offering (IPO), with the lion's share going towards business expansion. (TheStar)

Itmax System Bhd's 65 per cent unit Southmax Sdn Bhd has bagged a RM77.1 million job from Kulai city council authority to turn it into a smart city. (NST)

Kossan Rubber Industries Bhd has a below average environmental, social, and governance (ESG) scoring due to the lack of medium to long term strategy for ESG. (NST)

The public portion of Zantat Holdings Bhd’s initial public offering (IPO) has been oversubscribed by 130.15 times, according to the company in a statement on Monday. (TheEdge)

Fajarbaru Builder Group Bhd has clinched another contract from the Australian Department of Defence (ADD) to redevelop military facilities at the Royal Malaysian Air Force (RMAF) base in Butterworth, Penang. (NST)

Hong Leong Investment Bank (HLIB) maintained its 'buy' rating for Sunway Bhd at RM3.02, with a higher target price (TP) of RM3.76 (from RM3.10), and said Sunway’s healthcare segment achieved an impressive four-year compound annual growth rate of 34.9% in earnings before interest, taxes, amortisation and depreciation (Ebitda) from the financial year ended Dec 31, 2019 (FY2019) fo FY2023, while its Ebitda margin of 26% sat at the upper end of the industry's average range. (TheEdge)

Source: New Straits Times, The Edge Markets The Star 18 March 2024 

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