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Binastra Wins RM188.53 Mln Mechanical Fit-out Contract For Data Centre

KUALA LUMPUR, Nov 4 (Bernama) -- Binastra Corporation Bhd’s wholly-owned subsidiary Binastra Builders Sdn Bhd has accepted a contract worth RM188.53 million from MYT DC3 Sdn Bhd for phase 2 of a mechanical and electrical fit-out for a proposed construction of a data centre project.

Monash University Campus To Strengthen TRX As World-class Financial Centre

KUALA LUMPUR, Nov 3 (Bernama) -- TRX City Sdn Bhd aims to nurture global talent within Malaysia’s premier financial hub through its collaboration with Monash University Malaysia to develop a new campus at the Tun Razak Exchange (TRX).

Sabah Formalises 25 Pct Stake In PETRONAS PFLNG 3

KOTA KINABALU, Oct 31 (Bernama) -- Sabah has formalised its 25 per cent equity acquisition in PETRONAS PFLNG 3 Sdn Bhd, further strengthening collaboration between the state and the national oil company, said Chief Minister Datuk Seri Hajiji Noor.

NEC To Acquire CSG For US$2.9 Bln To Accelerate Global Digital Transformation

KUALA LUMPUR, Oct 31 (Bernama) -- NEC Corporation (NEC) has announced a definitive agreement to acquire United States-based CSG Systems International Inc (CSG) for US$80.70 per share in cash, valuing the deal at approximately US$2.9 billion, or 438.5 billion Japanese yen, including debt. (US$1=RM4.19)

EWI Capital Commits A$100 Mln As Anchor Investor In Australian Office Fund

KUALA LUMPUR, Oct 30 (Bernama) -- EWI Capital Bhd’s wholly owned subsidiary, EWI Investment Holdings Ltd, has made a strategic shift towards investment holding with a commitment of A$100 million (RM276.5 million) as an anchor investor in the TrustCapital Australian Office Fund No. 3 (Fund).

UVJC Launches Global Headquarters, R&D Centre In Singapore 

KUALA LUMPUR, Oct 30 (Bernama) -- Universal Vapor Jet Corporation (UVJC), a wholly-owned subsidiary of Universal Display Corporation (UDC), has launched its global headquarters and research and development (R&D) centre at Mapletree Hi-Tech Park @ Kallang Way, Singapore.

AM Best Assigns Excellent Credit Ratings To Indonesia’s Lippo General Insurance 

KUALA LUMPUR, Oct 30 (Bernama) -- Global credit rating agency, AM Best has assigned a financial strength rating of A- (Excellent), a long-term issuer credit rating of “a-” (Excellent) and the Indonesia National Scale Rating (NSR) of aaa.ID (Exceptional) to Indonesia’s PT Lippo General Insurance Tbk (LGI).

IJM Secures RM873.9 Mln Contract For Hyperscale Data Centre Works

KUALA LUMPUR, Oct 29 (Bernama) -- IJM Corporation Bhd's wholly-owned subsidiary, IJM Construction Sdn Bhd, has accepted a letter of award (LOA) worth RM873.9 million from Pearl Computing Malaysia Sdn Bhd for the mechanical and electrical (M&E) fit-out works of a hyperscale data centre in Elmina Business Park, Selangor.

PDT, UEM Lestra Ink Collaboration Agreement On 1GW Hybrid Solar Project

SKANDAR PUTERI, Oct 29 (Bernama) -- Permodalan Darul Ta’zim (PDT) and UEM Lestra Bhd (UEM Lestra) have inked a Cooperation Agreement to develop a one gigawatt (GW) hybrid solar photovoltaic (PV) project in Segamat, Johor.

Gamuda Shares Flat Despite RM469 Mln Australian Contract Win

KUALA LUMPUR, Oct 28 (Bernama) -- Shares of Gamuda Bhd were largely unmoved in early trade despite its joint venture with DT Infrastructure (DTI) securing the RM469 million Richmond road upgrade contract in New South Wales, Australia.

TNB, China’s CET Sign MoU To Strengthen Power Grid Cooperation

KUALA LUMPUR, Oct 26 (Bernama) -- Tenaga Nasional Bhd (TNB) today signed a memorandum of understanding (MoU) with the State Grid Corporation of China (SGCC), the world’s largest public utility company, represented by its wholly owned subsidiary China Electric Power Equipment and Technology Co Ltd (CET).

Modenas Sets 27,000 Unit Annual Sales Goal For Z15GT Supermoped

KUALA LUMPUR, Oct 24 (Bernama) -- Motosikal dan Enjin Nasional Sdn Bhd (Modenas), a subsidiary of DRB-Hicom Bhd, has set an annual sales goal of 27,000 units for its newly launched Z15GT 149.5cc (cubic centimetre) supermoped, the company’s first fully Malaysian-developed model.