BINASTRA WINS RECORD RM1.2 BILLION CONTRACT IN JB
Binastra Corporation Berhad has secured its largest contract to date, with two letters of award valued at a combined RM1.2 billion for the main building and infrastructure works of Causewayz Square, a landmark high-rise development in Johor Bahru. Awarded to its wholly-owned subsidiary, Binastra Builders Sdn Bhd, the project involves the construction of a 63-storey serviced apartment development comprising four residential towers, reinforcing the Group’s strong presence in a key growth market.
KERJAYA PROSPEK SECURES FIRST CONTRACT WIN IN 2026
Kerjaya Prospek Group Berhad announced that its wholly-owned subsidiary, Kerjaya Prospek (M) Sdn. Bhd., has secured a RM201.3 million contract from Greencove Sdn. Bhd. for the construction of two 39-storey residential apartment blocks in Damansara Damai, Selangor. The project, which includes podium parking and commercial spaces, is slated to commence on 1 April 2026 and be completed within 40 months.
LFG STREAMLINES EXISTING OSV FLEET THROUGH STRATEGIC DISPOSAL OF AHTS YINSON HERMES
Lianson Fleet Group Berhad (“LFG”) announced the disposal of its AHTS vessel, Yinson Hermes, for USD10.0 million (approximately RM40.7 million) as part of its ongoing fleet rejuvenation and diversification strategy. The proceeds will strengthen the Group’s liquidity position and support its expansion into other marine asset classes with stable, long-term growth potential.
AXIS-REIT TO ACQUIRE INDUSTRIAL PROPERTY IN JOHOR FOR RM34.6 MILLION
Axis-REIT has agreed to forward purchase a factory and office property in Senai, Johor, for RM34.6 million. Upon completion, the asset will be leased to FCI Connectors Malaysia Sdn Bhd, providing stable recurring rental income.
ITMAX SECURES RM42 MILLION SMART TRAFFIC CONTROLLER SYSTEMS CONTRACT FROM DBKL
ITMAX System Berhad has secured a RM42.0 million contract from Kuala Lumpur City Hall (DBKL) to operate and maintain its smart traffic controller system across Kuala Lumpur for three years, reinforcing confidence in ITMAX’s AI-driven, homegrown traffic management technology.
GEORGE KENT SECURES RM34.5 MILLION CONTRACT FROM PRASARANA
George Kent (Malaysia) Berhad has secured a RM34.5 million contract from Prasarana Malaysia Berhad to supply and commission a Rail Profiling Machine for the Kelana Jaya Line, reinforcing its expertise in specialised rail engineering solutions.
ITMAX ACQUIRES MAJOR STAKE IN TAPWAY TO ACCELERATE URBAN AND COMMERCIAL AI-DRIVEN DIGITAL TRANSFORMATION
ITMAX System Berhad has acquired a 70% stake in Vision AI firm Tapway Sdn Bhd for RM5.6 million, strengthening its AI capabilities and accelerating expansion into commercial sectors.
CREST BUILDER’S CBTECH STEPS INTO THE SPOTLIGHT WITH LARGEST CONTRACT WIN TO DATE
Crest Builder Holdings Berhad announced that its subsidiary, CBTech (M) Sdn Bhd, has secured a RM73.9 million LOA for electrical and ELV works at the CloutHaus mixed development. The contract lifts the Group’s outstanding order book to about RM1.8 billion, underpinning earnings visibility over the next four years.
SMARTSEL LEADS CYBERJAYA FIBERISATION PROJECT WITH OCK GROUP AS THE FIRST STEP TOWARDS THE SELANGOR DARK FIBER NETWORK
Smartsel launches the 41.1 km Cyberjaya Fiberisation Project in partnership with OCK Group, laying the foundation for Selangor’s Dark Fiber Network and boosting the state’s digital infrastructure for future growth.
YINSON RENEWABLES ACQUIRES 94.6 MW MT CASS WIND FARM IN NEW ZEALAND
Yinson Renewables has acquired the rights to the 94.6 MW Mt Cass Wind Farm in New Zealand, marking its first wind project under construction and its first in the country. Construction is expected to begin in early 2026, with operations targeted for 2028, delivering over 300 GWh of clean energy annually to support New Zealand’s decarbonisation goals.
