ITMAX EXPANDS SMART PARKING FOOTPRINT IN SELANGOR
ITMAX System Berhad (“ITMAX”), via its subsidiary Selmax Sdn Bhd, has been appointed by Selayang Municipal Council (“MPS”) to operate the Selangor Intelligent Parking (“SIP”) system under a 10-year contract with a 50:50 revenue-sharing model. This marks ITMAX’s third smart parking project in Selangor, reinforcing its role in supporting the state’s digital and smart city agenda.
KEYFIELD INVESTS RM76.0 MILLION TO ACQUIRE CARIMIN ACACIA, A DP2 ACCOMMODATION WORKBOAT
Keyfield International Berhad will acquire Carimin Acacia, a DP2 Accommodation Workboat, for RM76.0 million to strengthen its offshore accommodation fleet, funded entirely via proceeds from its Sukuk issuance.
CENSOF AND DECAGO FORM B4GOV TO ACCELERATE GOVTECH TRANSFORMATION
Censof Holdings Berhad and Decago Sdn Bhd have formed a joint entity, B4Gov Sdn Bhd, to drive GovTech adoption in Malaysia’s public sector. The partnership will combine Censof’s expertise in government digital solutions with Decago’s strengths in innovation, upskilling and capacity building, supporting the nation’s digitalisation agenda.
ITMAX SECURES RM14.4 MILLION FROM RAILWAY ASSETS CORPORATION
ITMAX System Berhad has secured a RM14.4 million contract from Railway Assets Corporation to upgrade and maintain AI-enabled CCTV systems across Malaysia’s railway network, marking its first entry into the railway infrastructure segment.
CENSOF SECURES RM12.4 MILLION DEAL TO DIGITALISE LOCAL AUTHORITY LICENSING
Censof Holdings Berhad has secured a RM12.4 million contract from the Ministry of Housing and Local Government to develop the One Stop Centre (OSC) Licensing System, a nationwide digital platform to streamline and automate local authority licensing processes, reinforcing Censof’s role in driving Malaysia’s digital government agenda.
KIP REIT COMPLETES ACQUISITION OF KIPMALL DESA COALFIELDS AND FIRST TRANCHE OF PRIVATE PLACEMENT
KIP Real Estate Investment Trust (“KIP REIT”) has completed the acquisition of KIPMall Desa Coalfields in Ijok, Selangor, together with the listing of 123 million new units under its private placement. This addition expands KIP REIT’s portfolio to 15 properties across Peninsular Malaysia, reinforcing its recurring income base and presence in Selangor’s suburban corridor, while keeping the Group on track towards its RM2.0 billion asset target.
BINASTRA SECURES RM132.0 MILLION PILING WORKS CONTRACT FOR CAUSEWAYZ SQUARE @ JBCC
Binastra Corporation Berhad is pleased to announce that its wholly-owned subsidiary, Binastra Builders Sdn. Bhd., has accepted a contract worth RM132.0 million from Exsim Lumba Kuda Sdn. Bhd. (“EXSIM”).
The contract entails earthworks, piling, pile cap and diaphragm wall works for a proposed 63-storey serviced apartment development, Causewayz Square @ JBCC, in Johor Bahru, comprising a total of 4,525 units across 4 residential towers. The construction is scheduled to begin on 2 September 2025 and targeted for completion within 16 months.
AXIS-REIT COMPLETES MAIDEN RM300.0 MILLION SENIOR SUKUK ISSUANCE
Axis-REIT has completed its maiden RM300.0 million Senior Sukuk issuance to strengthen its financing mix and fund future growth.
UMEDIC UNVEILS NEW STRATEGIC VENTURE INTO MEDICAL SERVICES
UMediC Group Berhad has officially launched its new medical services segment at its headquarters today, marking a strategic vertical expansion into healthcare services.
Building on its strong presence among hospitals and local healthcare providers, this new segment will offer post-recovery care at a dedicated care centre, comprehensive ambulance solutions equipped with the latest medical devices, and a learning centre to conduct training workshops for public health awareness and professional medical training, further enhancing UMC’s integrated healthcare offerings.
COGNITIVE CONSULTING, A CENSOF SUBSIDIARY, RECOGNISED AS UIPATH AGENTIC AUTOMATION FAST TRACK PARTNER
