Econpile Holding's Unit Secures Contracts Worth RM57.95 Mln For Ara Damansara Project

KUALA LUMPUR, July 3 (Bernama) -- Econpile Holdings Bhd’s wholly-owned subsidiary, Econpile (M) Sdn Bhd, has secured two contracts worth a combined RM57.95 million for a proposed development in Ara Damansara, Selangor.

Genting Plantations Sees Strong Property Sales Boosted By JS-SEZ

KUALA LUMPUR, July 3 (Bernama) -- Genting Plantations Bhd (GENP) is seeing strong property sales in Johor due to investor interest in the Johor-Singapore Special Economic Zone (JS-SEZ).

Data Centre's Robust Expansion To Drive Electricity Demand – Kenanga IB

KUALA LUMPUR, July 3 (Bernama) -- The robust expansion of data centres (DCs) is expected to drive electricity demand, which in turn will increase the need for power generation and gas consumption, said Kenanga Investment Bank Bhd (Kenanga Research).

Kenanga Investment Bullish On Construction Sector, Driven By Data Centre Demand

KUALA LUMPUR, July 3 (Bernama) -- Kenanga Investment Bank Bhd remains bullish on the construction sector, given persistent demand for data centres, underpinned by continued capital expenditure from major technology (tech) firms.

Buying In Tech, Petronas-linked Counters Pushes FBM KLCI To Intraday High At The Close

By Zarul Effendi Razali

KUALA LUMPUR, July 2 (Bernama) -- Persistent buying momentum, mostly seen in selected technology and Petronas-linked counters pushed the FTSE Bursa Malaysia KLCI (FBM KLCI) to record another intraday high at the close today, extending its rally to five consecutive trading sessions, an analyst said.

Johor Maju Agenda Strengthens On Back Of State's Outstanding 2024 Economic Performance

JOHOR BAHRU, July 2 (Bernama) --  Johor’s success in recording the highest gross domestic product (GDP) growth in the country last year strengthens the implementation of the Johor Maju Agenda, which targets GDP growth of between seven and eight per cent annually for the state by the year 2030.

Johor On Track To Emerge As Malaysia’s New economic Driver -- Exco

JOHOR BAHRU, July 2 (Bernama) -- The Johor state government is confident that the state is on the right track to emerge as Malaysia’s new economic driver when it records the highest gross domestic product (GDP) growth in 2024. 

Samaiden's Land Acquisition Signals Long-term Solar Ambition -- MIDF

KUALA LUMPUR, July 2 (Bernama) -- Samaiden Group Bhd’s recent acquisition of two parcels of agricultural land in Teluk Intan, Perak, underscores its strategic intent to capitalise on Malaysia’s long-term renewable energy growth, said MIDF Amanah Investment Bank Bhd (MIDF).

Gamuda Shares Rise On Landmark Tasmania Renewable Energy Deal

KUALA LUMPUR, July 2 (Bernama) -- Gamuda Bhd’s shares gained traction in early trade on Wednesday, following the signing of a landmark agreement with Tasmanian landowners to co-develop large-scale renewable energy projects.

Bursa Rebounds After Lower Open On Economic Optimism

KUALA LUMPUR, July 2 (Bernama) -- Bursa Malaysia opened marginally lower on Wednesday but rebounded soon after, supported by continued buying in selected heavyweights amid optimism over the domestic economic outlook, an analyst said.

Gamuda’s Unit signs Deal To Co-develop Renewable Energy Projects In Australia

KUALA LUMPUR, June 30 (Bernama) -- Gamuda’s wholly owned Australian subsidiary, Gamuda Holdings Pty Ltd, has signed a landmark agreement with local Tasmanian landowners to co-develop a portfolio of large-scale renewable energy projects in Central Tasmania.

Value Of Contracts Awarded To Local Companies Involved In ECRL Project Hits RM18.57 Bln

RAWANG, July 1 (Bernama) --  The value of contracts awarded to local companies involved in the East Coast Rail Link (ECRL) project has reached RM18.57 billion, surpassing the target of RM10.8 billion, said Malaysia Rail Link Sdn Bhd (MRL) Chairman Tan Sri Shamsul Azri Abu Bakar.