Mega Fortris Bhd’s initial public offering (IPO) has been oversubscribed by 7.18 times, ahead of its listing on the Main Market of Bursa Malaysia. (TheStar)

Gas Malaysia Bhd's subsidiary Gas Malaysia Energy and Services (GMES) and Intercontinental Specialty Fats (ISF) have signed an agreement for the supply of certified biomethane through the natural gas distribution system (NGDS). (NST)

MN Holdings Bhd’s wholly owned subsidiary MN Power Transmission Sdn Bhd has secured an RM63mi contract from Tenaga Nasional Bhd. (TheStar)

Parkwood Holdings Bhd (KL:PARKWD), via its wholly owned subsidiary Parkwood Templers Sdn Bhd, has acquired five parcels of freehold land in Rawang, totalling 32.3 acres (13.1ha), for RM30.9 million. (TheEdge)

Sunway Construction Group Bhd’s (SunCon) wholly-owned subsidiary Sunway Construction Sdn Bhd (SCSB) has accepted RM265mil as additional tenant improvement works (TIWs) in respect of variation orders under a contract awarded by Yellowwood Properties Sdn Bhd. (TheStar)

Gamuda Bhd's subsidiary Gamuda Engineering Sdn Bhd has secured a RM451.4 million contract to build a data centre in Cyberjaya. (NST)

Shares of British American Tobacco (Malaysia) Bhd rose following the company's report of a 3.3 per cent increase in overall trading volume for the third quarter. (NST)

CIMB Securities Sdn Bhd has revised its earnings forecasts for Bursa Malaysia Bhd for the 2024, 2025 and 2026 financial years (FY24, FY25, and FY26), raising them by 7.8 per cent, 4.0 per cent and 3.2 per cent respectively. (NST)

KTI Landmark Bhd's Taman Seri Lemawang housing project in Tuaran, Sabah, with Lembaga Pembangunan Perumahan dan Bandar Sabah (LPPB) was among developments to receive Quality Assessment System in Construction (QLASSIC) awards at QUEST 2024 organised by Construction Industry Development Board (CIDB) Malaysia. (TheStar)

Tropicana Corp Bhd (KL:TROP) broke ground for the RM34 billion, 163-acre Lido Waterfront Boulevard integrated mixed-use development on Wednesday (Oct 30) with the construction of the Skypark Kepler luxury serviced apartment, the project's first phase. (TheEdge)

Deleum Bhd (KL:DELEUM) has appointed former Petronas director Ainul Azhar Ainul Jamal to the integrated upstream oil and gas outfit’s board. (TheEdge)

Source: New Straits Times, The Edge Markets, The Star 11 November 2024

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