sunbiz

PETALING JAYA: Persatuan Penyedia Infrastruktur Telekomunikasi Malaysia (PPIT), an association of telecommunications infrastructure providers in Malaysia, and Indonesia’s Asosasi Pengembang Infrastruktur dan Menara Telekomunikasi (Aspimtel), an association that involves companies engaged in the field of infrastructure and tower development in Indonesia, have signed a memorandum of understanding (MoU) for cross-country knowledge sharing and mutual discussion. … Read more

PETALING JAYA: UMW Group’s wholly owned subsidiary, UMW Industrial Power Services Sdn Bhd (UIPS), an authorised distributor of Innio’s Jenbacher engines in Malaysia, signed a long-term service agreement (LTSA) with IOI Corporation Bhd’s plantation business valued at RM50 million. The LTSA will see UIPS providing maintenance services for seven units of Jenbacher biogas engines installed … Read more

PETALING JAYA: The year 2024 could be a good one for Malaysia’s real estate market, with a new report predicting strong growth in prices and rents. According to IQI Property Survey and Index – Malaysia Q4 2023 by IQI, a real estate agency network and a member of Juwai IQI, the new research revealed strong … Read more

PETALING JAYA: GP Batteries International Ltd, a battery expert for more than 50 years, is powering and trailblazing the way towards a sustainable future with the latest bronze medal award in the EcoVadis sustainability assessment for exemplary sustainable practices. EcoVadis is the world’s most trusted business sustainability assessment platform with over 1.6 million companies screened. … Read more

PETALING JAYA: Malaysia’s total trade for October 2023 amounted to RM239.5 billion with exports and imports totalling RM126.2 billion and RM113.3 billion, respectively, Chief Statistician Malaysia Datuk Seri Dr Mohd Uzir Mahidin said. He said exports in October decreased RM5.8 billion (-4.4%) compared with the same month of the previous year. The drop was attributed … Read more

PETALING JAYA: In a filing to Bursa Malaysia today, property developer Tropicana Corporation Bhd (Tropicana) reported its unaudited financial results for the third quarter ended Sept 30, 2023. For the quarter under review, Tropicana recorded revenue of RM402.8 million which was RM81.1 million or 25.2% higher when compared to the corresponding quarter in the preceding … Read more

KUALA LUMPUR: Engineering and project management consultant HSS Engineers Berhad has inked a memorandum of understanding (MoU) with Tunku Abdul Rahman University of Management and Technology (TAR UMT) to facilitate sharing of academic knowledge and industry best practices through a multi-faceted collaboration. The collaboration will allow HSS to share its technical knowledge and experience in … Read more

PETALING JAYA: Kuala Lumpur Kepong Berhad (KLK) concluded the financial year with a lower 12-month post-tax profit of RM990.7 million (Patami of RM834.3 million) from RM2.4 billion (Patami of RM2.2 billion) a year earlier, while revenue reduced 13% to RM23.6 billion from RM27.1 billion for the same period. The Plantation profit contribution came in lower … Read more

KUALA LUMPUR: NCT Group of Companies recently marked a significant milestone in expanding the potential of NCT Smart Industrial Park (NSIP) on the international stage. In a groundbreaking move, the company signed a Memorandum of Understanding (MoU) with Zhejiang UNITY Technology Co. Ltd from China, marking it the first international semiconductor Group to invest and … Read more

PETALING JAYA: MST Golf Group Berhad, the largest chain of golf specialty retailer in Malaysia, today announced its results for the third quarter of the financial year ending Dec 31, 2023 (Q3FYE2023). For the quarter under review, MST Golf recorded revenue of RM82.3 million which translated to an increase of 8.4% compared to Q2FYE2023. The … Read more

KUALA LUMPUR: Tenaga Nasional Bhd (TNB) has announced a pivotal evolution in the realm of sustainable energy with the rebranding and transformation of the Malaysia Green Attribute Trading System (mGATS). This innovative digital platform is being upgraded to emerge as the nation’s foremost digital marketplace for Renewable Energy Certificates (mREC). Initially introduced as an information … Read more

PETALING JAYA: Petronas Gas Bhd closed the first three quarters of 2023 with a profit after tax (PAT) of RM1.4 billion, an increase of 10.7% from RM1.2 billion posted in the same period in 2022. The strong performance for the period was driven by higher profit before tax (PBT) and the absence of Prosperity Tax … Read more

PETALING JAYA: Companies from Regional Comprehensive Economic Partnership (RCEP) countries and China will be investing RM100 billion over the next five years in Malaysia to accelerate the country’s digital and green economy transformation through the RCEP Innovation and Digital Ecosystem (Ride) Madani initiative, the Malaysia-China Digital Economy Cooperation Council (MCDC) announced. The announcement was made … Read more