Spanco Chairman Charged, RM10 Billion Selangor Industrial Park, Karex Mega Plant, Gamuda’s Penang LRT Green Light Among Salient Headlines

 SME Bank, JPDC MoU: Allocate Over RM560 Million For Johor Entrepreneurs

SME Bank has inked a Memorandum of Understanding (MoU) with Johor Petroleum Development Corporation Berhad (JPDC) to bolster economic development in Johor.

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Spanco Chairman Tan Sri Robert Tan Charged In Court Over RM3.9 Billion Fraud

Spanco Chairman Tan Sri Robert Tan Hua Choon has been charged in court for cheating the Ministry of Finance of Malaysia in awarding a contract worth RM3.9 billion to his company.

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GDV RM10 Billion Smart Industrial Park In Selangor Over 60% Booked

The NCT Smart Industrial Park (NSIP), Malaysia’s first managed industrial park, stands at RM10 billion in gross development value (GDV), said Menteri Besar Dato’ Seri Amirudin Shari.

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TRC Synergy Banks On Mega Infrastructure Projects

TRC Synergy Berhad (TRC) delivered a higher net profit YoY 13.6% to RM25.3m for FY23 vs. RM22.3m.

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Optimistic On Karex With New Hat Yai Mega Plant

KAREX’s plant in Hat Yai, Thailand, has access to labour and input latex at lower costs and enjoys attractive investmentallowances and a lower corporate tax,..

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EdgePoint Partners Celcom Timur To Provide Last-Mile Infra In Sabah

EdgePoint Towers Sdn Bhd, part of EdgePoint Infrastructure has partnered with Celcom Timur Sabah to provide last-mile infrastructure, as part of their commitment to enhancing connectivity in East Malaysia.

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Agmo, MSC Trustgate Tie Up To Enhance Security Features In e-Invoices

Agmo Holdings Berhad (Agmo) through its subsidiary – Jom eInvoice Sdn. Bhd. (JomeInvoice) inked a Memorandum of Understanding with MSC Trustgate.com Sdn. Bhd…

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Parkson Secures A 15-Year Tenancy For China Asset Worth RM37 Million

Parkson Retail Group has provided update to the tenancy agreement the group has secured between Guizhou Shenqi Parkson Retail Development Co., Ltd. an indirect 60% owned subsidiary of Parkson Retail Group Limited, Guizhou Longgang Commercial Operation Management Co., Ltd.,..

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Alliance Commences Winding Up Procedures Of AIBB

Alliance Bank which surrendered its investment banking licence of its wholly-owned subsidiary, AIBB Berhad (formerly known as Alliance Investment Bank Berhad),..

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Dassault Opens Malaysia MRO Hub To Serve Entire APAC Region

France based, Dassault Aviation has opened a major new maintenance, repair, and overhaul facility In Kuala Lumpur, Malaysia, that will support services for Falcon operators in Southeast Asia.

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Penang Pump-Priming; Overweight On Real Estate

Since the Sultan Abdul Halim Muadzam Shah bridge (second bridge) completion in 2014, Penang had not seen a major infrastructure project on the island, until now.

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Gamuda – Federal Green Light For Penang LRT; Kenanga Renders Outperform

The federal government has finally approved the Penang LRT  project and awarded GAMUDA’s 60%-owned SRS Consortium the  Segment 1 civil work of the project.

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