PHARMANIAGA RIGHTS ISSUE FULLY UNDERWRITTEN BY MIDF AMANAH AND MAYBANK, MARKING SIGNIFICANT MILESTONE TOWARDS PN17 EXIT
Pharmaniaga Berhad’s financial recovery gains momentum as its RM345.9 million rights issue is fully underwritten by MIDF and Maybank Investment Banks. Boustead Holdings and LTAT have also pledged full subscription, reinforcing confidence in the Group’s turnaround and Regularisation Plan.
Yinson Production successfully closed USD 1 billion investment from a consortium of international investment firms to drive further growth
Yinson Production has closed a USD 1 billion investment from ADIA, BCI, and RRJ Group, reinforcing confidence in its long-term growth. USD 300 million was funded at closing, with USD 200 million distributed to Yinson.
UUE’S LATEST CONTRACT WINS PUSH ORDER BOOK TO ALL-TIME HIGH OF RM416.0 MILLION
UUE Holdings Berhad has secured three new contracts worth RM83.4 million via its subsidiary Kum Fatt Engineering, further strengthening its role in Tenaga Nasional Berhad’s (TNB) grid upgrade efforts. With this win, UUE’s order book hits a record RM416 million, reinforcing its strong track record and earnings visibility.
GEORGE KENT ADVANCES SMART METERING WITH THE NATION’S FIRST BRANDED ULTRASONIC WATER METER
George Kent (Malaysia) Berhad has partnered with Shanghai-listed Topscomm to launch GK Ultra, Malaysia’s first locally branded smart ultrasonic water meter. Developed by its tech subsidiary GK SuperTech, the AI- and IoT-enabled meter supports Malaysia’s NIMP 2030 and is designed for global markets, offering enhanced accuracy, durability, and real-time monitoring for smarter water management.
BINASTRA BAGS RM268 MILLION CONTRACT FROM CPI LAND FOR THE CONSTRUCTION OF TUAN HERITAG3
Binastra Corporation Berhad has secured a RM268.0 million contract to build the 45-storey Tuan Heritag3 suite apartments in Segambut, Kuala Lumpur. Construction starts in August 2025. This win boosts Binastra’s total new contracts this year to RM976.9 million and outstanding order book to RM4.3 billion.
UUE CLINCHES RM92.4 MILLION WORTH OF CONTRACTS
UUE Holdings Berhad (“UUE”) announced that its subsidiary, Kum Fatt Engineering, has renewed its existing contract with Komasi Engineering and secured three new contracts worth RM92.4 million. These projects, involving underground cable works for Tenaga Nasional Berhad, raise UUE’s total order wins for 2025 to RM184.5 million, reflecting its strong track record and commitment to Malaysia’s power infrastructure.
99 HOLDINGS SECURED SHAREHOLDERS’ APPROVAL FOR ALL RESOLUTIONS AT ITS 2ND AGM
99 Speed Mart Retail Holdings Berhad (“99 Holdings”) announced that all resolutions at its 2nd Annual General Meeting were approved today.
The Company will extend nationwide store hours from 9:00 a.m. effective 1 July 2025.
Founder and CEO Lee Thiam Wah thanked shareholders for their trust and reaffirmed 99 Holdings’ commitment to nationwide growth and customer convenience.
KAWAN RENERGY SECURES RM17.4 MILLION CONTRACT
Kawan Renergy Berhad (“Kenergy”) has secured a Letter of Award valued at RM17.4 million from Valmech Engineering Sdn Bhd to supply and install chemical storage tanks for the Sungai Rasau Water Supply Scheme (Stage 1). The contract, to be completed within 12 months, underscores Kenergy’s strong execution track record and is expected to enhance the Group’s earnings and net assets during its duration.
CREST BUILDER’S SHAREHOLDERS APPROVE ALL RESOLUTIONS AT ITS 23rd AGM AND EGM
Crest Builder Holdings Berhad (“CBHB”) secured strong shareholder approval for all resolutions at its AGM and EGM, including a private placement of 48.6 million shares. With a RM1.4 billion order book and a return to profitability in 2024, CBHB is well-positioned for continued growth.
AmBank Group grants financing facilities to Sunview Group for the undertaking of Dayasinar CGPP Project
AmBank Islamic has approved RM70 million in banking facilities to Fabulous Sunview Sdn Bhd, a subsidiary of Sunview Group Berhad, to support the construction of a 29.99MWac solar power plant in Kedah under the Corporate Green Power Programme (CGPP). The RM98.3 million project will be executed by Sunview, a leading solar EPCC provider in Malaysia, as part of its ongoing commitment to driving the nation’s renewable energy transition.
