Zecon Bhd has entered into a tripartite memorandum of understanding (MoU) with Sarawak Digital Economy Corp Bhd (SDEC) and Centre for Technology Excellence Sarawak Sdn Bhd (Centexs) for the development of the 3,000-acre Kota Petra Green Technology Park in Sarawak. (TheStar)
Medical equipment and furniture manufacturer LKL International Bhd (KL:LKL) has announced a proposed joint venture (JV) with PT Fasilitas Teknologi Nusantara (Fastech) to expand into the Indonesian healthcare market. (TheEdge)
ALAM Flora Sdn Bhd, a subsidiary of Malakoff Corporation Bhd, has launched an enhanced waste management fleet, redesigned uniforms for staff and contractors, and an innovative super-app called "Recyclink," all aimed at showcasing a more modern image. (NST)
SC Estate Builder Bhd has entered into a joint venture with JK Spark Sdn Bhd to bid as a consortium for the large scale solar power plants for Sabah (LSS Sabah) project by the Energy Commission of Sabah. (TheStar)
Energy infrastructure company Wasco Bhd's third quarter 2024 (3Q24) core earnings are expected to come in slightly lower due to moderation in its engineering segment as some projects are nearing completion. (NST)
Malaysia Airports Holdings Bhd (MAHB) reported a 36.1 million passenger movements for the third quarter of 2024 (3Q24), marking a 10.6 per cent increase compared to 32.6 million passengers the same period last year. (NST)
SLP Resources Bhd is poised to see a modest earnings recovery driven by stimulus and more moderate inflation in its key market, Japan. (NST)
AirAsia X (AAX) Bhd is confident of improved efficiency in its operations to bolster its competitiveness in key markets, following its shareholders’ approval for the acquisition of Capital A Bhd’s aviation business. (TheStar)
Lim Seong Hai Capital Bhd (KL:LSH) and Besteel Engtech Sdn Bhd (BESB) have delivered their maiden joint-venture high-rise residential project named Laman Seri Harmoni (LSH33) in Sentul, Kuala Lumpur. Vacant possession of the project was delivered 33 days ahead of schedule on Sept 12. (TheEdge)
Public Bank Bhd’s (KL:PBBANK) capitalisation will remain healthy, even after fully accepting the mandatory general offer (MGO) to acquire all remaining shares of LPI Capital Bhd (KL:LPI), said S&P Global Ratings. (TheEdge)
Source: New Straits Times, The Edge Markets, The Star 17 October 2024
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