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KPF Processes Share Capital Withdrawal Applications Totalling RM909.85 Mln From 2020-2025

KUALA LUMPUR, Dec 23 (Bernama) -- Koperasi Permodalan Felda Malaysia Bhd (KPF) has processed applications for the withdrawal of share capital amounting to RM909.85 million from 2020 to 2025, with full payments totalling RM543.6 million made for the years 2020 to 2023.

CBH Engineering Unit Bags Data Centre-related Project Worth RM130 Mln

KUALA LUMPUR, Dec 23 (Bernama) -- CBH Engineering Holdings Bhd's wholly-owned subsidiary, CBH Engineering Sdn Bhd, has accepted two letters of award (LOA) from Company A for the development of a landing station at a data centre worth RM130 million.

Kimlun's Unit Secures Construction Contracts Worth RM617.7 Mln In Johor

KUALA LUMPUR, Dec 23 (Bernama) — Kimlun Corporation Bhd’s wholly owned subsidiary, Kimlun Sdn Bhd has secured three construction contracts worth a combined RM617.73 million in Johor.

Modon Enters Jersey City Waterfront Tower Joint Venture

KUALA LUMPUR, Dec 23 (Bernama) -- Modon Holding PSC (Modon) has announced a new joint venture to develop Harborside 4, a 54-storey residential tower on one of the last prime waterfront sites in downtown Jersey City, New Jersey, United States (US), marking a further step in the group’s global expansion strategy.

PKNS FMI Launches Inaugural Sustainability Report

By Nadia Jumri

SHAH ALAM, Dec 23 (Bernama) -- PKNS FM Integrated Sdn Bhd (PKNS FMI) has released its inaugural Sustainability and Environmental, Social, and Governance (ESG) report, which outlines the company’s sustainability-related performance and initiatives for the period from Jan 1, 2024 to May 30, 2025.

Citaglobal Bags Two Construction Jobs Worth RM82.72 Mln

KUALA LUMPUR, Dec 22 (Bernama) -- Citaglobal Bhd’s wholly-owned subsidiary, Citaglobal Land Sdn Bhd, has accepted two construction contracts from UDA Land (South) Sdn Bhd and the Public Works Department (JKR) totalling RM82.72 million.

RHB IB Projects Solar Sector Growth On Higher EPCC Contributions, CGPP Revenue Ramp-up

KUALA LUMPUR, Dec 22 (Bernama) -- RHB Investment Bank Bhd (RHB IB) expects the solar sector to grow next year, driven by higher engineering, procurement, construction, and commissioning (EPCC) contributions.

BNM’s International Reserves Rise To US$124.3 Bln As At Dec 15

KUALA LUMPUR, Dec 22 (Bernama) -- The international reserves of Bank Negara Malaysia (BNM) expanded to US$124.3 billion as at Dec 15, 2025.

Yinson Unit Enters 15-Year PPA With Genesis Energy Of New Zealand

KUALA LUMPUR, Dec 22 (Bernama) -- Yinson Holdings Bhd’s indirect wholly owned subsidiary Mt Cass Wind Farm Ltd (MCWFL) has entered into a 15-year power purchase agreement (PPA) with Genesis Energy Ltd from its 94.6 megawatt (MW) wind farm located on the South Island of New Zealand.

EIG Acquires 49.87 Pct Stake In Peru Gas Pipeline Operator TgP

KUALA LUMPUR, Dec 22 (Bernama) -- EIG, an institutional investor in the global energy and infrastructure sectors, has acquired a 49.87 per cent equity stake in Transportadora de Gas del Perú S.A. (TgP) from Canada Pension Plan Investment Board via its managed investment vehicles.

PHB Positions Bumiputera Participation In Real Estate As Nation-building Catalyst

KUALA LUMPUR, Dec 22 (Bernama) -- Expanding bumiputera participation in commercial real estate is an important lever in Malaysia’s nation-building agenda, with Pelaburan Hartanah Bhd (PHB) acting as a key institutional platform to drive wealth creation and economic growth.

Ringgit Asia’s Best-performing Currency This Year, On Track To Strengthen Further In 2026 – Economists

By Siti Radziah Hamzah

KUALA LUMPUR, Dec 22 (Bernama) – The ringgit was Asia’s best-performing currency this year against its regional peers, with its gains underpinned by strong economic fundamentals and buoyant exports, while interest rate cuts by the United States Federal Reserve (Fed) provided pivotal support to the local currency.