Xin Hwa Holdings Bhd has announced that its cargo transport unit has had its goods vehicle operator licence suspended by the Johor Bahru Land Public Transport Agency (Apad) for non-full compliance with the industrial safety code of practice. (TheStar)

T7 Global Bhd said its wholly-owned subsidiary Tanjung Offshore Services Sdn Bhd has received a contract from ExxonMobil Exploration and Production Malaysia Inc (EMEPMI) for an enabling agreement for provision of Pan-Malaysia offshore maintenance, construction, modification (MCM) and hook-up and commissioning (HUC) Services for Package B2 – Guntong. (TheStar)

SD Guthrie Bhd and AME Elite Consortium Bhd, through its subsidiary AME Industrial Park, are partnering to develop a green industrial park in the Johor-Singapore Special Economic Zone (JS-SEZ). (NST)

Aneka Jaringan Holdings Bhd said its wholly-owned subsidiary Aneka Jaringan Sdn Bhd has accepted a RM39mil contract from GDP Architects Sdn Bhd on behalf of Murni Lapisan Sdn Bhd to undertake earthworks, piling, pilecaps and contiguous bored piling works for a mixed-use development in Pantai Sentral, Kuala Lumpur. (TheStar)

Shares of Dayang Enterprise Holdings Bhd (KL:DAYANG) rose on Tuesday after bagging a contract, and analysts say the win reinforced their view that the oil-and-gas services firm would be in line for more jobs. (TheEdge)

Datasonic Bhd is purchasing a 51 per cent stake in artificial intelligence (AI) company Innov8tif Holdings from Revenue Group Bhd for RM40 million cash. (NST)

A decision by the Malaysian Aviation Commission (Mavcom) to grant its preliminary approval of the proposed privatisation of Malaysia Airports Holdings Bhd (MAHB) is a positive step towards improving the overall performance of airports in the country, analysts say. (TheStar)

OM Holdings Ltd’s (KL:OMH) near-term outlook appears cloudy as metal prices soften, while market uncertainties dampen demand for its manganese ore and ferroalloys, said BIMB Securities. (TheEdge)

Source: New Straits Times, The Edge Markets, The Star 5 November 2024

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