T7 GLOBAL ANNOUNCES CHANGES TO ITS BOARD OF DIRECTORS
T7 Global Berhad has appointed Dato’ Ir. Mat Rosly Bin Mat Daud as an Independent Non-Executive Director. With over 40 years of experience in airport and highway planning, he replaces Admiral Tan Sri Dato’ Seri Panglima Ahmad Kamarulzaman, who is stepping down to pursue personal interests.
ITMAX SECURES FOURTH SMART PARKING CONTRACT IN JOHOR
ITMAX System Berhad’s subsidiary, Southmax Sdn Bhd, has been appointed as the smart parking operator for 7,637 street parking bays in Segamat. The 15-year contract, effective 1 September 2024, operates on a revenue-sharing model, with Southmax receiving 70% of parking revenue.
PHARMANIAGA LAUNCHES MALAYSIA’S FIRST LOCALLY OWNED BIOPHARMACEUTICAL PLANT TO STRENGTHEN MEDICAL SUPPLY CHAIN
Pharmaniaga Berhad has launched Malaysia’s first locally owned biopharmaceutical plant, producing human insulin, biosimilars, and vaccines. Officiated by Defence Minister Dato’ Seri Mohamed Khaled Nordin, the plant aligns with LTAT’s investment strategy and the Ministry of Finance’s GEAR-uP initiative, boosting local pharmaceutical production and reducing reliance on imports.
YUWANG PLANTATION’S STAKE IN NGGB RISES TO 7.5%
Nextgreen Global Berhad (“NGGB” or the “Group”) announced that Tan Sri See Hong Cheen has secured 22.7 million shares from a private placement exercise, which were listed on Bursa Malaysia today. Alongside Yuwang Plantation Sdn Bhd’s 5.5% stake acquired in July 2024, the combined stake of Tan Sri See and the Yuwang Group in NGGB now totals 7.5%.
ITMAX FURTHER EXPANDS SMART PARKING SOLUTIONS IN JOHOR
ITMAX System Berhad (“ITMAX”) announced that its subsidiary, Southmax Sdn Bhd, has been appointed by Tangkak District Council (“MDT”) as the smart parking operator for 5,113 street parking bays. The 15-year contract, effective from 1 September 2024, operates on a revenue-sharing model, with Southmax receiving 70% of parking revenue.
KERJAYA PROSPEK HITS RM1.5 BILLION CONTRACT WINS TARGET FOR 2024
Kerjaya Prospek Group Berhad (“Kerjaya”) announced that its subsidiary, Kerjaya Prospek (M) Sdn. Bhd., has secured a RM292.8 million contract from Mega Legacy (M) Sdn. Bhd., a UEM Sunrise subsidiary, to build a 57-storey residential building in Mukim Batu, Kuala Lumpur. Construction begins on 17 September 2024, with a 38-month completion timeline.
BINASTRA RECEIVES SECOND DATA CENTRE CONTRACT WORTH RM574 MILLION
Binastra Corporation Berhad (formerly Comintel Corporation Bhd) (“Binastra” or the “Group”) has secured a RM574.4 million contract from Exsim Jalil Link Sdn Bhd for Phase 2 of a data centre development in Bukit Jalil, Kuala Lumpur. The project, including a 5-storey data centre block and office spaces, will begin on 1 October 2024 and complete within 16 months. This contract, the Group’s largest to date, pushes its outstanding order book to a record RM3.3 billion for FY2025, significantly exceeding its contract wins from the previous two years
UNIQUE FIRE CONCLUDES ITS 3rd ANNUAL GENERAL MEETING WITH A FOCUS ON SUSTAINABLE GROWTH
Unique Fire Holdings Berhad (“Unique Fire” or the “Group”) conducted its 3rd Annual General Meeting (AGM) virtually today, allowing shareholders to participate through live streaming and remote voting. The audited financial statements for the year ended 31 March 2024, along with the Directors’ and Auditors’ Reports, were presented and received, and all resolutions outlined in the AGM notice dated 30 July 2024 were passed by poll.
marinEV’s Hydromover Commences Commercial Trials to Electrify and Decarbonise Cargo Transfers
Yinson GreenTech’s (“YGT”) marinEV has launched trials for the Hydromover, Singapore’s first fully electric cargo vessel. Funded by the Maritime and Port Authority of Singapore (“MPA”) and Singapore Maritime Institute (“SMI”), the Hydromover offers zero emissions and lower costs.vThe trials began on 26 August 2024 with OPL Services and support Singapore’s goal of net-zero emissions for harbour crafts by 2050.
BINASTRA WINS 10TH CONTRACT FOR FY2025
Binastra Corporation Berhad (“Binastra” or the “Group”) announced that its subsidiary, Binastra Builders Sdn. Bhd., has secured a RM283.3 million contract from Kaisar Maxim Sdn. Bhd. for a major residential development in Taman Desa, Kuala Lumpur. This contract, Binastra’s 10th for FY2025, raises its total contract wins for the year to RM1.9 billion, well above last year’s RM612.2 million. The project involves constructing 624 residential units across three 31-storey blocks, with a completion timeline of 32 months starting 17 September 2024.
