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.
99 SPEEDMART TAKES DELIVERY OF MALAYSIA’S FIRST FULLY ELECTRIC FOTON eAUMARK LIGHT-DUTY TRUCKS
99 Speed Mart Sdn Bhd has made history as the first company in Malaysia to receive the fully electric Foton eAumark Light-Duty trucks, taking delivery of 10 units from Angka-Tan Motor Sdn Bhd in a ceremony today. This marks a significant milestone in the retailer’s journey to modernise its logistics operations with cleaner and more efficient transport solutions. With partial solar charging at its distribution centres, 99 Speedmart is strengthening its commitment to environmental sustainability while supporting Malaysia’s net-zero 2050 goal.
PHARMANIAGA REAFFIRMS CONFIDENCE IN FINANCIAL RECOVERY AND LONG-TERM VIABILITY
Pharmaniaga Berhad reported a strong turnaround with RM133.8 million profit after tax in FY2024, marking key progress toward exiting PN17 status. Backed by an approved Regularisation Plan and strategic push into biopharmaceuticals, the Group is firmly positioned for sustainable recovery and future growth.
SKYWORLD DEVELOPMENT RECEIVES UNANIMOUS SHAREHOLDER’S APPROVAL TO PROCEED WITH PENANG JOINT DEVELOPMENT AND PREFABRICATED MANUFACTURING VENTURE
SkyWorld Development Berhad announced today that both resolutions tabled at its Extraordinary General Meeting were approved, paving the way for a joint development with Penang Development Corporation and a strategic business diversification into modular construction. The RM13 billion development in Penang is set to strengthen SkyWorld’s northern footprint, while the collaboration with Singapore’s Teambuild Holding marks a key move towards enhancing construction efficiency and supporting the delivery of quality, affordable homes
RESERVOIR LINK CLENCHES SECOND O&G CONTRACT WIN FOR 2025 FROM ENQUEST PETROLEUM
BINASTRA TO ACQUIRE 40.8% EQUITY INTEREST WITH A CALL OPTION TO INCREASE TO 51% EQUITY INTEREST IN LF LANSEN
Binastra Corporation Berhad will acquire up to 51% of LF Lansen Sdn. Bhd. for up to RM 44.8 million. Stage 1 sees a RM 15 million investment for a 40.8% stake, with a call option to hit 51% by 31 December 2025. A performance‑linked earn‑out (up to RM 21.2 million) rewards the vendor if profit targets are met over three years. LF Lansen, a CIDB G7 contractor in thermal energy storage and data‑centre buffer tanks, holds a RM 43 million order book. Completion is expected in H2 2025.
RESERVOIR LINK SECURES WORK ORDER FOR LIGHT WEIGHT WELL TESTING SERVICES
Reservoir Link Energy Bhd’s subsidiary, Reservoir Link Sdn Bhd, has won a Petronas Carigali work order for lightweight well testing services, potentially worth up to RM 40 million. The scope covers personnel mobilisation, advanced testing technology, equipment upkeep and logistics. “We’re honoured by Petronas Carigali’s trust,” said Executive Deputy Chairman Thien Chiet Chai. “We remain committed to delivering reliable solutions to Malaysia’s upstream energy sector
3REN PARTNERS WITH WAWASAN OPEN UNIVERSITY TO EXPLORE WORK BASED LEARNING EDUCATION PROGRAMMES
3REN Berhad, via its subsidiary Sophic Automation, has signed an MOU with Wawasan Open University to launch a work-based learning programme. The partnership aims to equip students with real-world industry experience while supporting 3REN’s long-term talent development goals.
T7 GLOBAL SECURES EPCC CONTRACT FOR REMOTE OPERATIONS FROM PETRONAS
T7 Global Berhad has been appointed by PETRONAS Carigali as a panel contractor for EPCC of remote operations for five years. Through its subsidiary, Tanjung Offshore Services, T7 will support PETRONAS’s push for digital transformation in offshore assets.
