Tenaga Nasional Bhd (TNB) (KL:TENAGA) said the decision by the Ministry of Energy Transition and Water Transformation (Petra) to maintain electricity tariffs until Dec 31 this year is neutral on the utility company and will not have any effect on its business operations. (TheEdge)

Kinergy Advancement Bhd (KAB) through its unit KAB Energy Holdings Sdn Bhd has partnered with Johor Corp (JCorp) to develop energy efficient data centres. (NST)

HSS Engineers Bhd's (HEB) unit, HSS Engineering Sdn Bhd, has won its largest contract to-date worth US$315.9 million (RM1.5 billion) for the Baghdad Metro rail system, via a joint venture. (NST)

Bursa Malaysia Securities has extended the deadline for Sapura Energy Bhd (SEB) to submit its regularisation plan by another six months, set for Nov 30, 2024 following the third extension of time application. (NST)

Mah Sing Group Bhd will launch properties in Malaysia with a gross development value (GDV) of about RM2.829bil this year. (TheStar)

Johor Plantations Group Berhad's  (JPG) subsidiary, Greenergy Ventures Sdn Bhd has been awarded BioNexus status for its achievement in transforming palm oil mill effluent (POME) into valuable biomethane. (NST)

Shares in Hiap Teck Venture Bhd were lifted 2.35% in active trading on Monday following a positive quarterly result. (TheStar)

The Real Estate and Housing Developers’ Association (Rehda) Malaysia has announced the appointment of Datuk Ho Hon Sang of Equatorial Palms Sdn Bhd as president, and Datuk Zaini Yusoff of S P Setia Bhd (KL:SPSETIA) as its deputy president for the 2024/2026 term, effective June 29. (TheEdge)

Sunway Malls, the retail arm of Sunway Bhd (KL:SUNWAY), has forecasted a 6.5% year-on-year (y-o-y) growth in sales performance for the first half of 2024 (1H2024), following its 11% growth in the first quarter of this year (1Q2024), according to a press statement on Monday. (TheEdge)

Axiata Group Bhd has appointed Amrit Kaur as its independent non-executive director from July 1, 2024. (TheStar)

Source: New Straits Times, The Edge Markets The Star 1 July 2024

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