AXIS-REIT TO ACQUIRE INDUSTRIAL PROPERTY IN JOHOR FOR RM34.6 MILLION
Axis-REIT has agreed to forward purchase a factory and office property in Senai, Johor, for RM34.6 million. Upon completion, the asset will be leased to FCI Connectors Malaysia Sdn Bhd, providing stable recurring rental income.
ITMAX SECURES RM42 MILLION SMART TRAFFIC CONTROLLER SYSTEMS CONTRACT FROM DBKL
ITMAX System Berhad has secured a RM42.0 million contract from Kuala Lumpur City Hall (DBKL) to operate and maintain its smart traffic controller system across Kuala Lumpur for three years, reinforcing confidence in ITMAX’s AI-driven, homegrown traffic management technology.
GEORGE KENT SECURES RM34.5 MILLION CONTRACT FROM PRASARANA
George Kent (Malaysia) Berhad has secured a RM34.5 million contract from Prasarana Malaysia Berhad to supply and commission a Rail Profiling Machine for the Kelana Jaya Line, reinforcing its expertise in specialised rail engineering solutions.
ITMAX ACQUIRES MAJOR STAKE IN TAPWAY TO ACCELERATE URBAN AND COMMERCIAL AI-DRIVEN DIGITAL TRANSFORMATION
ITMAX System Berhad has acquired a 70% stake in Vision AI firm Tapway Sdn Bhd for RM5.6 million, strengthening its AI capabilities and accelerating expansion into commercial sectors.
CREST BUILDER’S CBTECH STEPS INTO THE SPOTLIGHT WITH LARGEST CONTRACT WIN TO DATE
Crest Builder Holdings Berhad announced that its subsidiary, CBTech (M) Sdn Bhd, has secured a RM73.9 million LOA for electrical and ELV works at the CloutHaus mixed development. The contract lifts the Group’s outstanding order book to about RM1.8 billion, underpinning earnings visibility over the next four years.
SMARTSEL LEADS CYBERJAYA FIBERISATION PROJECT WITH OCK GROUP AS THE FIRST STEP TOWARDS THE SELANGOR DARK FIBER NETWORK
Smartsel launches the 41.1 km Cyberjaya Fiberisation Project in partnership with OCK Group, laying the foundation for Selangor’s Dark Fiber Network and boosting the state’s digital infrastructure for future growth.
YINSON RENEWABLES ACQUIRES 94.6 MW MT CASS WIND FARM IN NEW ZEALAND
Yinson Renewables has acquired the rights to the 94.6 MW Mt Cass Wind Farm in New Zealand, marking its first wind project under construction and its first in the country. Construction is expected to begin in early 2026, with operations targeted for 2028, delivering over 300 GWh of clean energy annually to support New Zealand’s decarbonisation goals.
ITMAX SECURES RM36.0 MILLION CONTRACT FROM IMMIGRATION DEPARTMENT OF MALAYSIA
ITMAX System Berhad has secured a RM36.0 million contract from the Immigration Department of Malaysia to install an AI-powered CCTV system at key entry and exit points across Peninsular Malaysia. The 36-month contract marks a significant milestone for the Group, reinforcing its role in supporting national digital infrastructure and border security initiatives.
MAYA JAYA AWARDS BINASTRA AND SOLARVEST AS EPCC CONTRACTOR FOR THREE LSS5 PROJECTS, TOTALLING 56.5 MWAC
Maya Jaya Sdn. Bhd. has awarded Binastra Atlantic Sdn. Bhd. three Letters of Award for the EPCC of 56.5MWac solar projects under the LSS5 programme, valued at RM171.7 million, located in Selangor and Kedah.
LFG SECURES SHAREHOLDERS’ GREENLIGHT FOR STRATEGIC VIETNAM ACQUISITIONS AND CORPORATE EXERCISES
Lianson Fleet Group Berhad (“LFG”) secured shareholder approval for the acquisitions of Yinson Port Ventures and Yinson Premier, marking its entry into Vietnam’s port and warehouse sector, alongside a bonus warrant issue, employee share scheme, and AWB Kayra disposal.
