Sapura Energy Director Shahriman Shamsuddin Resigns Effective Today

KUALA LUMPUR, June 25 (Bernama) -- Sapura Energy Bhd has announced the resignation of Datuk Shahriman Shamsuddin as a director of the company effective today.

HSS Engineers Unit Wins Davao Transport Consultancy Deal

KUALA LUMPUR, June 25 (Bernama) -- HSS Engineers Bhd’s (HEB) associate, HSS Integrated Sdn Bhd (HSSI), has secured a consultancy contract for the Davao Public Transport Modernisation Project in the Philippines.

PAAB Spearheads RM2.4 Bln Water Infrastructure Upgrade, Emphasises Zero-Accident Culture

KUALA LUMPUR, June 24 (Bernama) -- Pengurusan Aset Air Berhad (PAAB) is actively implementing nationwide upgrades to water infrastructure with an allocation of nearly RM2.4 billion to ensure the long-term sustainability and security of the country’s water supply.

Kota MADANI Project To Begin In 3Q, Costing RM4 Bln

PUTRAJAYA, June 24 (Bernama) -- The phased development of Kota MADANI in Precinct 19, Putrajaya — a government quarters project — is set to begin in the third quarter (3Q) of this year, with an estimated total cost of RM4 billion.

OMS Reports Growth, Expansion Ahead Of First Earnings Call

KUALA LUMPUR, June 20 (Bernama) -- OMS Energy Technologies Inc (OMS), a manufacturer of surface wellhead systems (SWS) and oil country tubular goods (OCTG), has issued a business update ahead of its inaugural earnings call following its successful Nasdaq listing in May 2025.

Valet Technology Eyes 1Q 2026 ACE Market Listing To Advance Cyber, Identity Security

By Nurul Hanis Izmir

PUTRAJAYA, June 15 (Bernama) -- Valet Technology Sdn Bhd is gearing up for an initial public offering (IPO) on Bursa Malaysia’s ACE Market in the first quarter of 2026 as the company ramps up its expansion into cyber and identity security solutions.

Research Firms Issue ‘Buy’ Calls On Econpile Following Penang LRT Contract Win

KUALA LUMPUR, June 6 (Bernama) -- RHB Research has maintained its ‘Buy’ recommendations on Econpile Holdings Bhd following the company’s contract win for the Penang Light Rail Transit (LRT) project.

Kerjaya Prospek Posts Higher Net Profit Of RM46.07 Mln In 1Q

KUALA LUMPUR, May 28 (Bernama) -- Kerjaya Prospek Group Bhd has posted a net profit of RM46.07 million in the first quarter ended March 31, 2025 (1Q 2025), up from RM33.55 million recorded in 1Q last year.

Sunway Construction’s 1Q Net Profit Soars To RM75.71 Mln

KUALA LUMPUR, May 20 (Bernama) -- Sunway Construction Group Bhd’s (SunCon) net profit for the first quarter ended March 31, 2025 (1Q 2025) surged to RM75.71 million, up from RM32.40 million in the same period last year.

Pekat Group Subsidiary Bags RM135.24 Mln Contract From TNB

KUALA LUMPUR, May 16 (Bernama) -- Pekat Group Bhd’s indirect 60 per cent-owned subsidiary, EPE Switchgear (M) Sdn Bhd, has received a letter of award from Tenaga Nasional Bhd for the supply, installation, testing, and commissioning of distribution networks with a contract value at RM135.24 million.

Keyfield Signs MoU With Indonesian Party To Explore Marine Services Collaboration

KUALA LUMPUR, May 14 (Bernama) -- Keyfield International Bhd's wholly owned subsidiary, Keyfield Offshore Sdn Bhd, has entered into a memorandum of understanding (MoU) with PT Elnusa Trans Samudera (ETSA) to explore and pursue marine services opportunities, primarily in the oil and gas sector and related industries across Indonesia.

IILM Reissues US$1.24 Bln Short-term Sukuk

KUALA LUMPUR, May 13 (Bernama) -- The International Islamic Liquidity Management Corporation (IILM) has completed the reissuance of an aggregate US$1.24 billion (US$1=RM4.318) short-term sukuk across tenors of one, three, six, and 12 months, respectively.