ORKIM NAMES ITS 19TH VESSEL ORKIM GARNET, ITS SECOND IMO TYPE II TANKER
Orkim Berhad expanded its fleet with the delivery of Orkim Garnet, its 19th vessel, raising total capacity to 253,036 DWT and strengthening its chemical and CPP transportation capabilities.
MR D.I.Y. Debut Sukuk Met with Overwhelming Investor Demand
MR D.I.Y. Group (M) Berhad successfully raised RM540 million through its inaugural Sukuk Wakalah issuance, achieving strong investor demand with a 5.6x oversubscription. The proceeds will strengthen its capital structure and support future growth initiatives
E&O CELEBRATES THE COMPLETION OF ITS INAUGURAL DEVELOPMENT ON ANDAMAN ISLAND
Eastern & Oriental Berhad (E&O) celebrated the completion of The Meg, the first development on Andaman Island, marking a major milestone in its vision for sustainable waterfront living and future-ready township development in Penang.
ITMAX SECURES RM603.5 MILLION CONTRACT FROM MBJB TO POWER NEXT GENERATION SMART CITY CAPABILITIES
ITMAX System Berhad secured a RM603.5 million contract from Johor Bahru City Council (MBJB) to expand AI-powered surveillance and digital twin capabilities, strengthening smart city intelligence and public safety in Johor Bahru.
GEOHAN SECURES RM103 MILLION NEW PANTAI HIGHWAY EXTENSION CONTRACTS
Geohan Corporation Berhad has secured RM103.0 million in subcontract works for the New Pantai Highway Extension, boosting its order book to RM460 million and increasing infrastructure’s share to 30%, reinforcing its focus on higher-value public projects.
NEXTGREEN SECURES RM50 MILLION FINANCING FROM BANK RAKYAT TO SUPPORT BUSINESS EXPANSION
Nextgreen Global Berhad (NGGB) has secured a RM50.0 million Working Capital Financing-i facility from Bank Rakyat to support its operations and growth. The Shariah-compliant facility will fund working capital needs and offers up to five years of flexible, revolving tenure.
NGGB said the financing strengthens its financial position and supports its green technology and biomass-based initiatives.
SUNVIEW CONSORTIUM SECURES RM2 BILLION EPCC CONTRACT
Sunview Group Berhad has secured an approximately RM2 billion EPCC contract, via a consortium with Cypark Renewable Energy, for the development of a 595 MW floating solar PV plant with BESS at Kenyir Lake. The project marks the Group’s largest contract to date and its first venture into floating solar.
KERJAYA PROSPEK TO BUILD PRIVATE HOSPITAL FOR NEW CLIENT
Kerjaya Prospek Group Berhad has secured a RM98.8 million contract for the construction of a private hospital in Seremban 2, marking its first venture into the healthcare construction segment and further strengthening its order book.
ORKIM ACQUIRES IMO TYPE II TANKER FOR FLEET REJUVENATION
Orkim Berhad will acquire the IMO Type II tanker Rich Sunda for USD24.2 million, to be renamed Orkim Garnet upon delivery in May 2026. The move supports its fleet expansion and enhances its ability to transport both petroleum and chemical cargoes.
GEORGE KENT SUCCESSFULLY ISSUES RM80 MILLION SUKUK
George Kent (Malaysia) Berhad (George Kent or the Company) today announced the successful issuance of Sukuk amounting to RM80.0 million in nominal value pursuant to the Sukuk Wakalah Programme.
The issuance was completed in accordance with the terms of the Programme and forms part of the Company’s strategy to maintaining a balanced and sustainable capital structure.
This successful exercise reflects the Company’s continued access to the capital markets, demonstrating investor confidence in George Kent’s credit strength and long-term prospects. George Kent remains focused on prudent capital management and will continue to evaluate funding options that align with its strategic objectives and enhance long-term shareholder value.
