T7 GLOBAL UNVEILS DRILLING JACK-UP RIG

T7 Global Berhad proudly welcomes the arrival of our new Drilling Jack-up Rig at Dorsett Grand Labuan! This high-performance rig, designed for oil and gas drilling in depths up to 375 feet, will support Petronas Carigali’s plug and abandonment program for 53 wells across Malaysia. A significant step towards responsible decommissioning and environmental protection!

UNIQUE FIRE ADVANCES TO THE NEXT LEVEL WITH THE PROPOSED TRANSFER TO THE MAIN MARKET

Unique Fire has proposed a transfer from the ACE Market to the Main Market of Bursa Malaysia, a move that highlights the Group’s strong financial standing, consistent performance, and growth in the fire safety industry since their listing in August 2022. Unique Fire has met the profit and capital criteria set by Bursa Malaysia and is well-positioned for continued success.

AXIS-REIT SUCCESSFULLY RAISES RM449.73 MILLION THROUGH PRIVATE PLACEMENT

Axis Real Estate Investment Trust (Axis-REIT) has successfully raised RM449.73 million to drive its growth strategy, targeting high-quality, yield-accretive acquisitions and enhancing its current portfolio to deliver sustainable returns to unitholders. The placement price was set at RM1.71 per unit, reflecting a 5.1% discount to the average market price.

MGB NAMED AS ONE OF THE BEST PERFORMERS AT THE EDGE ESG AWARDS 2024, AND SCORES DIAMOND 1 STAR AT MOSHPA’s 20th OSH EXCELLENCE AWARDS 2024 WITHIN THE SAME WEEK

MGB Berhad (“MGB”), a subsidiary of LBS Bina Group Berhad, has received two notable awards for its ESG initiatives. The company secured the Silver award for Best Performer by Sector (Construction) at The Edge Malaysia ESG Awards 2024 and the Diamond 1 Star award for OSH Management from MOSHPA.

These recognitions highlight MGB’s commitment to sustainability and workplace safety, while the company continues progressing towards its Net Zero Carbon Emissions goal by 2050.

KEYFIELD LODGES ITS FIRST RM1.0 BILLION SUKUK WAKALAH PROGRAMME

Keyfield International Berhad has filed documents for a RM1.0 billion Sukuk Wakalah Programme with the Securities Commission Malaysia. The Sukuk, rated AA3, will fund Shariah-compliant investments in oil, gas, and maritime projects. CEO Dato’ Darren Kee highlighted the programme’s role in providing flexible financing to support growth.

KERJAYA PROSPEK WINS TWO NEW CONTRACTS WORTH RM34.4 MILLION

Kerjaya Prospek Group Berhad has secured two contracts through its subsidiary, totaling RM34.4 million. The projects, commencing on 5 November 2024, include piling work in Batu Kawan, Penang, and site clearance in Damansara Damai, Selangor. With an order book now at RM4.5 billion and 10 contracts worth RM1.6 billion secured this year, Kerjaya is well-positioned for continued growth.