GEOHAN SECURES TWO PENANG LRT CONTRACTS FOLLOWING ITS MAIN MARKET LISTING

Geohan Corporation Berhad is pleased to announce that the Company has accepted two separate Letter of Award (“LOA”) from SRS LRT Sdn Bhd, with a combined contract value of RM59.00 million.

The two LOAs, namely sub-package BP01 and sub-package BP02, are valued at RM31.20 million and RM27.80 million respectively. These LOAs encompass bored piling construction and other associated works along the LRT line, stretching from Gelugor to the vicinity of Pesta and SPICE. Construction works are anticipated to be completed by 31 March 2027 for sub-package BP01 and 30 April 2027 for sub-package BP02.

OPTIMAX STRENGTHENS TALENT PIPELINES THROUGH MOU WITH UM-WALES

Optimax Holdings Berhad today announced that it has entered into a Memorandum of Understanding (“MOU”) with Universiti Malaya–Wales (“UM–Wales”), marking a significant step forward in academia-industry collaboration.

Through this partnership, Optimax will design and develop a comprehensive Management Trainee Programme while UM–Wales will promote this programme to its final-year students and recent graduates. The collaboration aims to foster meaningful knowledge exchange, encourage interdisciplinary learning, and develop a steady talent pipeline equipped with clinical awareness, industry exposure, and evolving digital skills.

GRAND OPENING OF 3,000TH 99 SPEEDMART OUTLET

99 Speed Mart Retail Holdings Berhad marked a major milestone with the grand opening of its 3,000th outlet in Bestari Jaya, Selangor. The achievement underscores the Company’s continued commitment to affordability, community accessibility, local employment, and sustainable growth through strong ESG and social responsibility initiatives.

SUNVIEW ENTERS COLLABORATION WITH NUENERGY HOLDINGS

Sunview Group Berhad announced a strategic collaboration between its subsidiary, SunMate Energy, and Nuenergy Holdings Berhad. Under the agreement, Sunview Ventures will hold a 60% stake in SunMate, with NHB owning 40%, aiming to strengthen their presence in Malaysia’s residential solar market and support the nation’s clean energy transition.

CREST BUILDER CLINCHES ANOTHER PARKCITY MEGA PROJECT

Crest Builder Holdings Berhad (“CBHB”) announced that its subsidiary, Crest Builder Sdn Bhd, has secured a RM299.4 million contract from Perdana ParkCity Sdn Bhd to build the 46-storey ParkCity Office Tower in Desa ParkCity, Kuala Lumpur.

Works start in July 2026 and will take 36 months. This award lifts CBHB’s order book to about RM1.7 billion, strengthening earnings visibility.

Group MD Eric Yong said the fourth contract from ParkCity reflects CBHB’s proven delivery capability and commitment to long-term value creation.

MGB BERHAD SECURES LANDMARK RM444 MILLION EPC CONTRACT IN THE CITY OF MEDINA, KINGDOM OF SAUDI ARABIA

MGB Berhad’s Saudi joint venture, MGB Alameriah Contracting Company, has secured a RM444 million (SAR 400 million) contract from Beetah Real Estate for a 440-unit residential and commercial development in Medina. The 30-month project marks MGB’s largest overseas award, reflecting its evolution from precast concrete supplier to main contractor and strengthening its long-term presence in Saudi Arabia’s growing construction sector

LFG ENTERS INTO STRATEGIC PARTNERSHIP WITH PETROVIETNAM’S SUBSIDIARY

Lianson Fleet Group Berhad (LFG) and PetroVietnam Drilling (PV Drilling) have signed a non-binding term sheet to form a Malaysia-based joint venture focused on jack-up rigs and related offshore services. With a 51:49 ownership structure, the venture plans to deploy two jack-up rigs in Malaysia, with the shareholders’ agreement targeted for completion by early 2026. Both companies see the partnership as a strategic move to strengthen regional capabilities and meet growing drilling demand in Southeast Asia.