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.
KERJAYA PROSPEK TO ACQUIRE 49% STAKE IN ASPEN VISION LAND
Kerjaya Prospek is investing RM98.0 million for a 49% stake in Aspen Vision Land, deepening its role in the Aspen Vision City development in Batu Kawan, Penang.
RM76.0 million will be used to fund ongoing works, with the deal set to complete by August 2025.
MOCK CHEQUE HANDOVER CEREMONY OF 99 SPEEDMART SPONSORSHIP TO ZOO NEGARA MALAYSIA
99 Speedmart has donated RM132,572 to Zoo Negara Malaysia to support the care of white lions Manja Li and Manja Ros, marking its fourth sponsorship as part of its ongoing commitment to wildlife conservation.
AXIS-REIT OBTAINS AA2(S) AND A1(S) RATINGS FROM RAM RATINGS FOR ITS NEW RM3.0 BILLION SUKUK PROGRAMME
Axis-REIT, via its trustee and subsidiary, has lodged a RM3.0 billion Sukuk Programme with the Securities Commission Malaysia. Marking a key milestone, RAM Ratings assigned inaugural ratings of AA2(s) and A1(s) with a stable outlook. Proceeds will support capital expenditure, refinancing, and general corporate needs.
LBS ENTERS STRATEGIC COLLABORATION WITH ORIENTAL HOLDING FOR MELAKA MIXED-USED INDUSTRIAL DEVELOPMENT WITH GDV SURPASSING RM7 BILLION
LBS Bina Group Berhad and Oriental Holdings Berhad have signed an MOU to jointly develop a 561-acre mixed-use industrial project in Klebang, Melaka, with a GDV exceeding RM7 billion. Located within the Straits of Melaka Waterfront Economic Zone, the project targets SMEs and supports Melaka’s economic transformation.
KEYFIELD SIGNS MOU WITH INDONESIAN PARTY TO EXPLORE MARINE SERVICES COLLABORATION
Keyfield International Berhad has signed an MoU with PT Elnusa Trans Samudera to explore marine service opportunities in Indonesia’s offshore oil and gas sector. The partnership combines ETSA’s local market access with Keyfield’s vessel and crew capabilities to support regional energy projects.
NEXTGREEN ENTERS LIBYAN MARKET TO SUPPORT SUSTAINABLE AGRICULTURE WITH BIOFERTILIZERS
Nextgreen Global has made its first international biofertilizer export to Libya, appointing P Teguh Nextgreen as exclusive distributor for up to 25,000 MT annually, in partnership with Libyan agricultural players.
KERJAYA PROSPEK SECURES RM162 MILLION BUILDING CONTRACT FROM MAJESTIC GEN FOR JOHOR BAHRU PROJECT
Kerjaya Prospek Group Berhad has clinched a RM162.0 million contract from Majestic Gen Sdn. Bhd. for the Gen Rise project in Johor Bahru. The 47-storey serviced apartment marks Kerjaya’s first job win in Johor for 2025, boosting its year-to-date wins to RM870.3 million and strengthening its RM4.6 billion order book.
