OPTIMAX COLLABORATES WITH 2 MINISTRIES UNDER THE REFRACTIVE SCREENING PROGRAMME
Optimax Holdings Berhad (“Optimax”) participated in the Eyeglass Distribution Ceremony under the Refractive Screening Programme for B40 and M40 students in Putrajaya. The event, held at Sekolah Kebangsaan Putrajaya 9(2), was officiated by Health Minister YB Datuk Seri Dr. Dzulkefly Ahmad and Education Minister YB Fadhlina Sidek.
In collaboration with the Ministry of Health and Ministry of Education, the programme screened 258 students across 16 schools, identifying 100 students in need of eyeglasses, which Optimax will provide for free.
FAJARBARU REBRANDS AS “FBG”
Fajarbaru Builder Group Bhd. is now FBG, reflecting its commitment to sustainability and innovation in construction and property development.
Subsidiaries Fajarbaru Builder Sdn Bhd and Fajarbaru Land (M) Sdn Bhd have also been renamed FBG Builder Sdn Bhd and FBG Land Sdn Bhd.
Executive Chairman Tan Sri Dato’ Sri Chan Kong Choy stated, “Our new identity, ‘The Makers of Tomorrow,’ embodies our vision for a sustainable and innovative future.”
Yinson Production secures USD 1 billion investment from consortium of international investment firms to drive further growth
Yinson Production has secured USD 1 billion from global investors, including ADIA, BCI, and RRJ Group, to fund growth and distribute USD 200 million to its controlling shareholder. The deal, valued at USD 3.7 billion, may expand to USD 1.5 billion within 24 months and is expected to close in Q1 2025.
EDEN INC. BERHAD SECURES 29.99 MW SOLAR POWER PROJECT IN PAHANG
EDEN INC. BERHAD has secured a 29.99 MW solar plant development in Gebeng, Kuantan, under the Energy Commission’s Large-Scale Solar 5 programme. The plant, set to begin operations by July 2027, will operate under a 21-year agreement with Tenaga Nasional Berhad (TNB).
This project reinforces EDEN’s commitment to renewable energy and regional development. The company’s shares were also reclassified under the renewable energy sub-sector on Bursa Malaysia, effective 13th January 2025.
Yinson Production’s FPSO Atlanta achieves first oil
Yinson Production’s FPSO Atlanta achieved first oil on 31 December 2024, marking the start of its 15-year firm charter with Brava Energia. The project boasts 9.8 million man-hours without lost time incidents and features innovative carbon-reducing solutions, underscoring Yinson’s commitment to sustainability and operational excellence.
RESERVOIR LINK’S ASSOCIATE SECURES RM20.0 MILLION FLOATING SOLAR FARM PROJECT
Reservoir Link Energy Bhd’s 45%-owned associate, Founder Group Limited, secured an RM20 million contract to construct a 10MWac floating solar farm in Kuala Langat, Selangor. Scheduled for completion by June 2025, the project reinforces Reservoir Link’s commitment to innovative and sustainable energy solutions.
UUE KICK-STARTS 2025 BY WINNING RM36.5 MILLION CONTRACTS
UUE Holdings Berhad secured RM36.5 million in contracts for underground cable installation within TNB’s distribution network in Terengganu, Kelantan, and Johor. These projects, supporting Malaysia’s energy transition goals, are expected to boost earnings and highlight UUE’s market strength and growth strategy.
GEORGE KENT TRANSFORMS SMART METERING WITH TELECOMMUNICATIONS TECHNOLOGY BREAKTHROUGHS
George Kent (Malaysia) Berhad has commercialized its automated meter reading (AMR) technology, now contributing to profits. Backed by over a decade of R&D, its third-generation AMR system, powered by 5G and NB-IoT, is expanding across Malaysia, Singapore, and Vietnam, driving innovation in smart water management.
ITMAX EXPANDS PRESENCE IN PENANG WITH SECOND CONTRACT VALUED AT RM11.8 MILLION
ITMAX System Berhad (“ITMAX”) secured an RM11.8 million contract from Penang Island City Council (“MBPP”) to upgrade and maintain AI-enhanced video surveillance on Penang Island over 60 months. CEO William Tan Wei Lun highlighted this as a key milestone, building on prior collaborations to enhance MBPP’s surveillance infrastructure.
KEYFIELD INVESTS USD17.6 MILLION TO ACQUIRE A PSV TO LEVERAGE ON ITS PCC STATUS
Keyfield International Berhad (“Keyfield”) announced the acquisition of a Dynamic Positioning 2 (DP2) Platform Supply Vessel (PSV), to be renamed Keyfield Gratitude. Purchased for USD17.6 million (RM79.22 million) with additional capital expenditure of USD2.0 million (RM9.0 million), Gratitude will support Keyfield’s vessel chartering business, transporting materials and equipment between shore and offshore platforms while accommodating up to 59 persons.
