KNM's Subsidiary To Dispose Of Entire Equity Interest In FBM Hudson Italian

KUALA LUMPUR, Aug 1 (Bernama) -- KNM Group Bhd’s wholly-owned subsidiary, KNM Europa BV, will dispose of its entire equity interest in FBM Hudson Italian SPA (FBMHI) to SymbEx GmbH and Terragarda GmbH for EUR19.50 million (EUR1=RM4.89). 

MRT Corp Targets Open Tender For Bridge Portion Of Penang LRT Line In October

GEORGE TOWN, July 29 (Bernama) -- Malaysia Rapid Transit Corporation Sdn Bhd (MRT Corp) is targeting to launch the open tender for the proposed bridge portion of Penang’s Light Rail Transit (LRT) Mutiara Line project this October.

Sun Bus Tech Targets Completion Of 310 Rapid KL Buses By February 2026

JOHOR BAHRU, July 29 (Bernama) -- Johor-based bus body manufacturer, Sun Bus Tech Sdn Bhd aims to complete 310 Rapid KL buses under a local assembly (Completely Knocked Down-CKD) project with Prasarana Malaysia Bhd by February 2026.

Short-Term Interbank Rates Close Steady On BNM Operations

KUALA LUMPUR, July 25 (Bernama) -- Short-term interbank rates ended steady today following Bank Negara Malaysia’s (BNM) operations to absorb surplus liquidity from the financial system.

CGS International Maintains Bullish View On Malakoff Ahead Of Tenders

KUALA LUMPUR, July 25 (Bernama) -- CGS International Securities Malaysia Sdn Bhd remains positive on Malakoff Corporation Bhd, citing its strong position to secure upcoming Energy Commission tenders amid rising power demand and the urgent need to ensure supply stability and reserve margins.

MOF To Enhance Selected Pre-Q Procurement Method If Reintroduced — Lim

KUALA LUMPUR, July 23 (Bernama) -- The Ministry of Finance (MoF) will conduct a comprehensive review of improvements should the Selected Pre-Qualified Open Tender Procurement Method (Selected Pre-Q Procurement) be reintroduced in the future.

Datavault AI Joins Forces With Burke Products In Major Defence Tech Alliance

KUALA LUMPUR, July 23 (Bernama) -- Datavault AI Inc, has announced a strategic partnership with Burke Products (Burke), a minority-owned Tier 1 supplier to Lockheed Martin, Raytheon Technologies, the United States (US) Department of Defense, and allied international forces.

Bursa Malaysia Ends Flat Amid Cautious Sentiment, Mixed Domestic Developments

By Harizah Hanim Mohamed

KUALA LUMPUR, July 21 (Bernama) -- Bursa Malaysia ended almost flat on Monday, with the key index slipping 0.08 per cent, reflecting cautious market tone amid mixed domestic developments and bucking the broader regional trend.

Sunway Unit Bags S$703.6 Mln Residential Development Job In Singapore

KUALA LUMPUR, July 17 (Bernama) -- The Urban Redevelopment Authority of Singapore has awarded a 1.58-hectare land parcel at Chuan Grove, Singapore, to Sing Holdings Residential Pte Ltd (SHRPL) and Sunway Developments Pte Ltd (SDPL), following a successful joint tender by both parties.

PIVB Maintains 'Overweight' On Tech Sector Following MITI's AI Chip Export Measure

KUALA LUMPUR, July 15 (Bernama) -- Public Investment Bank Bhd (PIVB) has maintained its “overweight” rating on the technology (tech) sector following the Ministry of Investment, Trade and Industry’s (MITI) announcement on artificial intelligence (AI) chip export control measures. 

Construction Sector To See Data Centre Contracts Award Upswing In 2H -- HLIB

KUALA LUMPUR, July 11 (Bernama) -- Malaysia’s construction sector is forecast to see a data centre (DC) award cycle in the second half of the year, driven by multiple contract decisions on tenders submitted in the first half of 2025 (1H 2025), according to Hong Leong Investment Bank Bhd (HLIB).

TNB Shares Hit By Federal Court Ruling

KUALA LUMPUR, July 3 (Bernama) -- Tenaga Nasional Bhd’s (TNB) shares on Bursa Malaysia were hit in early trading today following the Federal Court’s decision to allow the Inland Revenue Board of Malaysia’s (IRB) appeal over an additional tax assessment notice issued to the company for the 2018 assessment year.