UMW Holdings To Dispose Equipment Division To Toyota Industries For RM85.5 Million
UMW Holdings Berhad’s wholly owned subsidiary, UMW Equipment Division Sdn Bhd has entered into a Share Sale and Purchase Agreement with Toyota Industries Corporation on the contemplation of a mutual collaboration in the Industrial Equipment business through UMW Toyota Material Handling Sdn. Bhd.
Read Full Story HERE
Minox IPO Shares Oversubscribed By 145.76 Times, Fourth Highest This Year
Minox Internation has garnered a robust response for its initial public offering exercise, having recorded an oversubscription rate of 143.76 times ahead of its listing on the ACE Market of Bursa Malaysia Securities Berhad.
Read Full Story HERE
Leader Energy, BSES Partner For SEA Energy Storage Projects
Leader Energy Holding Berhad, via its wholly- owned subsidiary Leader Energy Ventures Sdn Bhd, has signed a MoU with BASF Stationary Energy Storage GmbH (BSES).
Read Full Story HERE
Aurelius Technologies Strong Growth Prospects Renders ‘Buy’ Call: Maybank IB
Maybank Investment Bank Bhd (Maybank IB) maintains “BUY” and its forecasts for Aurelius Technologies (ATECH) with a target price of RM3.13.
Read Full Story HERE
Maybank IB Upgrades Cypark Resources On Positive Growth Prospects
Maybank Investment Bank Bhd (Maybank IB) has upgraded its rating for Cypark Resources Bhd to “BUY” based on the anticipated total return of +18%, which aligns with their unchanged Sum-of-Parts Target Price (SOP-TP) of RM1.05.
Read Full Story HERE
Malakoff Invests RM2.5 Billion To Generate 500 MW Solar Projects
Malakoff Corporation Berhad has inked a MoU with ports under the MMC Ports, namely Northport (Malaysia) Bhd, Johor Port Berhad, Tanjung Pelepas Sdn Bhd and Penang Port Sdn Bhd to explore the collective potential through collaboration and to undertake business exploration in various green power initiatives.
Read Full Story HERE
Budget Should Help Families Own Homes: Juwai IQI
The Malaysian government’s budget for 2024 should include measures to help the rakyat and strengthen the middle class, especially via a focus on housing affordability, according to a report released today by Juwai IQI Co-Founder and Group CEO Kashif Ansari.
Read Full Story HERE
PayNet’s ESG-Driven Partnership With Paywatch Provides Instant Wage Access To 600 Employees
PayNet has partnered with Paywatch to implement an automated flexible payroll solution for its 600 employees.
Read Full Story HERE
