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Destini's Unit Bags RM33.05 Mln Contract For Airborne Equipment Maintenance

KUALA LUMPUR, Nov 11 (Bernama) -- Destini Bhd's wholly owned subsidiary, Destini Prima Sdn Bhd (DPSB) has secured a RM33.05 million contract from the Ministry of Defence to provide maintenance services for safety and survival equipment for airborne equipment.

Malaysia's Journey To Net-Zero Emissions: TNB Leads The Charge

By Zairina Zainudin

KUALA LUMPUR, Nov 10 (Bernama) -- Malaysia's ambitious goal of achieving net-zero emissions by 2050 reflects a commitment not only to global climate targets but also to sustainable development and economic resilience.

Lantronix Expands 5G Portfolio With US$6.5 Mln NetComm Acquisition

KUALA LUMPUR, NOV 8 (Bernama) -- Lantronix Inc has signed a definitive agreement to acquire from NetComm Wireless Pty Ltd (NetComm), a subsidiary of DZS Inc, all of the assets of its enterprise Internet of Things (IoT) business for US$6.5 million in cash together with assumptions of certain liabilities. (US$1=RM4.38)

Terengganu Inc, MB Holding LLC Sign MoUs On Potential Industrial Cooperation

KUALA TERENGGANU, Nov 8 (Bernama) -- The Terengganu government's strategic holding investment company Terengganu Incorporated Sdn Bhd (Terengganu Inc) signed two memoranda of understanding (MoUs) with MB Holding LLC from Oman for the purpose of exploring potential industrial cooperation in the state.

Cagamas Raised RM2.2 Bln in October Despite Challenging Market Environment

KUALA LUMPUR, Nov 8 (Bernama) -- Cagamas Bhd, the national mortgage corporation of Malaysia, successfully raised RM2.2 billion in October despite challenging market conditions.

Ecoworld Malaysia Inks Deal To Acquire Land In Selangor For RM742.4 Mln

KUALA LUMPUR, Nov 7 (Bernama) -- Eco World Development Group Bhd (EcoWorld Malaysia) has announced that, following its participation in a request for proposal process initiated by Boustead Properties Bhd (BProp), it has inked several agreements to develop 10 parcels of freehold land in Selangor.  

Gagasan Nadi Cergas To Acquire Student Hostel Asset Management For RM185 Mln

KUALA LUMPUR, Nov 5 (Bernama) -- Gagasan Nadi Cergas Bhd has proposed the strategic acquisition of a student hostel asset management concession valued at RM185 million.

TCS Unit Bags RM86.38 Mln Contract To Build Factories For Sime Darby Property

KUALA LUMPUR, Nov 5 (Bernama) -- TCS Group Holdings Bhd’s wholly owned subsidiary TCS Construction Sdn Bhd (TCSC) has secured an RM86.38 million contract from Sime Darby Property Bhd to construct 60 units of two-storey semi-detached factories in Elmina Business Park, Selangor.

TGIF Malaysia Not Affected By TGIF Inc Restructuring

KUALA LUMPUR, Nov 4 (Bernama) --TGI Fridays (TGIF) Malaysia has assured customers that its local franchise restaurants remain fully operational and unaffected by the recent Chapter 11 filing by TGIF Inc. in the United States (US).

Bina Puri Holdings Bags RM113.29 Mln Contract For Water Supply Project In Sarawak

KUALA LUMPUR, Nov 4 (Bernama) -- Bina Puri Holdings Bhd's (Bina Puri) wholly-owned subsidiary, Bina Puri Builder Sdn Bhd (BPB), has been awarded a RM113.29 million contract by Tokoh Ilham Sdn Bhd for a water supply project in Serian, Sarawak.

Bintai Kinden's Unit Bags RM61.22 Mln Construction Job In Melaka

KUALA LUMPUR, Nov 4 (Bernama) -- Bintai Kinden Corporation Bhd's wholly owned subsidiary, Kejuruteraan Bintai Kindenko Sdn Bhd (KBK), has secured a RM61.22 million construction contract from N&T Asset Sdn Bhd.

AM Best Withdraws Generali Life Hong Kong’s Ratings

KUALA LUMPUR, Nov 4 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a+” (Excellent) of Generali Life (Hong Kong) Limited (Generali Hong Kong).