UUE SECURES ITS LARGEST CONTRACT EVER IN SINGAPORE
UUE Holdings Berhad has secured a SGD20.9 million (RM67.3 million) contract in Singapore, its largest to date, via subsidiary Konnection Engineering Pte Ltd. The project, awarded by Wee Guan Construction, covers the supply and installation of 230kV power cables and HDPE pipes using HDD technology, with completion targeted by end-2027.
This contract lifts UUE’s order book to a record RM521.9 million and brings year-to-date wins to over RM362 million, reinforcing its capabilities and expanding its full-scope role in Singapore’s utilities sector, said Managing Director Datuk Dr Ting Kok Hwa.
BINASTRA GROWS DATA CENTRE PORTFOLIO WITH RM188.5 MILLION CONTRACT WIN
Binastra Corporation Berhad has secured a RM188.5 million contract for mechanical and electrical works at AIMS Group’s data centre in Cyberjaya, scheduled for completion within four months. This fifth data centre project raises Binastra’s total secured data centre value to RM1.4 billion, with current new contracts reaching RM2.0 billion and an outstanding order book of RM4.7 billion.
UUE SECURES RM26.7 MILLION CONTRACT IN EAST COAST OF MALAYSIA
UUE Holdings Berhad (“UUE”) announced that its subsidiary, Kum Fatt Engineering Sdn Bhd, has secured a RM26.7 million contract from Sutera Utama Sdn Bhd for 11kV underground cable works in TNB’s east coast network.
The win lifts UUE’s order book to a record RM454.6 million, reinforcing its strong earnings outlook and commitment to supporting Malaysia’s energy infrastructure and transition agenda.
KIP REIT RECORDS STRONG FY2025 PERFORMANCE AND STRATEGIC MILESTONES AT 9TH ANNUAL GENERAL MEETING
KIP Real Estate Investment Trust (“KIP REIT”) successfully held its 9th AGM at KIP Hotel, Kuala Lumpur, with strong unitholder support reflecting confidence in its growth strategy.
For FY2025, KIP REIT’s total assets rose to RM1.6 billion with portfolio occupancy at 96.7%, while distribution per unit improved to 6.8 sen. CEO Ms. Valerie Ong described the year as transformative, driven by strategic acquisitions and disciplined capital management, reaffirming KIP REIT’s goal of achieving RM2.0 billion in assets under management by 2027.
MGB CLINCHES RM118.5 MILLION CONTRACT FOR PHASE 2 RESIDENSI WILAYAH HOUSING PROJECT
MGB Berhad, a subsidiary of LBS Bina Group, has won a RM118.5 million contract from UDA Accord Development for the Residensi Wilayah Phase 2 project in Kuala Lumpur. The project strengthens MGB’s order book to RM1.25 billion and supports affordable housing development.
LFG PROPOSES BONUS ISSUE OF WARRANTS AND EMPLOYEES’ SHARE SCHEME
Lianson Fleet Group Berhad (“LFG”) has proposed a bonus issue of Warrants B and an Employees’ Share Scheme (“ESS”) to reward shareholders and align employee interests with the Group’s growth goals.
Shareholders will receive one (1) Warrant B for every ten (10) shares held, potentially raising up to RM271.9 million for working capital. The ESS, covering up to 10% of issued shares, aims to motivate and retain key talent. Both initiatives are expected to be completed by the first quarter of 2026.
Executive Chairman Lim Chern Wooi said the proposals reflect confidence in LFG’s long-term fundamentals and commitment to shared growth.
YINSON GREENTECH LAUNCHES NEXT GENERATION HYDROMOVER 2.0 AND SECURES LANDMARK ELECTRIC VESSEL DEPLOYMENTS IN THE UAE
Yinson GreenTech, through its marine electrification arm marinEV, has launched the Hydromover 2.0, a next-generation fully electric cargo vessel offering triple the range, faster charging, and greater cargo capacity. Featuring marinEV’s Marine Digital Platform for real-time analytics and smart vessel management, the Hydromover 2.0 sets a new benchmark for zero-emission maritime logistics.
Yinson GreenTech also signed bareboat charter agreements with Yacht International UAE and an MoU with Wilhelmsen Port Services to expand electric vessel adoption across the UAE by mid-2026.
KIP REIT EXPANDS INDUSTRIAL PORTFOLIO WITH ACQUISITION OF LEASE INTEREST IN PASIR GUDANG, JOHOR
Pacific Trustees Berhad, trustee of KIP Real Estate Investment Trust (“KIP REIT”), announced the completion of its RM23.3 million acquisition of an industrial property in Pasir Gudang, Johor, valued at RM24.1 million. Tenanted by PK Fertilizers Sdn Bhd, the asset enhances KIP REIT’s industrial portfolio and income stability. The acquisition marks progress toward the Group’s RM2.0 billion AUM target, bringing its portfolio to 18 income-generating properties across Peninsular Malaysia and Sarawak.
LFG SETS COURSE FOR VIETNAM FOR NEW REGIONAL GROWTH OPPORTUNITIES
Lianson Fleet Group Berhad (LFG) has finalised terms to acquire Yinson Port Ventures Pte Ltd and Yinson Premier Limited in Vietnam for a total of RM22.2 million, to be settled via new LFG shares. The acquisitions, expected to complete by Q4 2025, mark LFG’s expansion into marine port and warehouse operations, strengthening its regional presence in Southeast Asia’s maritime sector.
LFG has also added two bulk carriers – MV Moana BAQ and MV Pacific Ace – bringing its fleet to 21 OSVs and 38 marine transport assets. Executive Chairman Lim Chern Wooi said the move aligns with LFG’s goal to become a regional maritime asset player and tap into growing Asia-Pacific trade opportunities.
ORKIM EXPANDS FLEET WITH 49,999 TONNES ORKIM CITRINE, ITS LARGEST VESSEL TO DATE, AND SET FOR HER MAIDEN CHARTER VOYAGE
Orkim Berhad (“Orkim”) has expanded its fleet with the delivery of Orkim Citrine, a 49,999-deadweight-tonne vessel for clean petroleum and chemical transport. This brings Orkim’s fleet to 18 vessels, increasing total capacity by about 30%.
CEO Captain Cheah Sin Bi said the addition strengthens Orkim’s role in supporting Malaysia’s marine transport and energy security. The company also plans to add two new clean petroleum product tankers by 2027.
