Coastal Contracts secures deal worth RM4.5b in Mexico

PETALING JAYA: Coastal Contracts Bhd’s joint venture company Coastoil Dynamic SA De CV (CD) has entered into a service agreement (SA) with a Mexican state-owned petroleum company Pemex Exploracion and Produccion’s subsidiary Petroleos Mexicanos (Pemex), to undertake an onshore gas-conditioning plant project. The contract for the EMC Papan Plant with a capacity of 300 million … Read more

Mah Sing Healthcare gets EU clearance to market nitrile gloves

PETALING JAYA: Mah Sing Group Bhd’s subsidiary, Mah Sing Healthcare Sdn Bhd, has obtained the Certificate of European Union Medical Device Regulation (EU-MDR) for its nitrile examination gloves after meeting the requirements of Regulation (EU) 2017/745. The group was notified of the certification by its authorised representative, Obelis European Authorized Representative Center, and its product … Read more

ICDM confers honorary fellowships to four outstanding individuals

PETALING JAYA: The Institute of Corporate Directors Malaysia (ICDM) conferred honorary fellowships to four individuals, recognising their contributions to corporate governance and service to society. Its president and CEO Michele Kythe Lim said the institute sought to recognise these individuals who are role models in the director community. “These role models have demonstrated the highest … Read more

Fairfield by Marriott opens second hotel in Malaysia

PETALING JAYA: Fairfield by Marriott, part of Marriott Bonvoy’s portfolio of 30 brands, today announced the opening of Fairfield by Marriott Kuala Lumpur, Jalan Pahang. “We are excited to bring the second Fairfield by Marriott hotel to Malaysia with the opening of Fairfield by Marriott Kuala Lumpur, Jalan Pahang. The opening indicates the market’s appetite … Read more

RM553m sales from Always With You 2021 campaign

PETALING JAYA: Sunway Property has recorded sales of RM553 million in two months as a result of its “Always with You 2021” campaign that featured five of its newest developments designed for new norm living. This brings the developer’s sales closer to its sales target of RM2.2 billion. The developer has revised its sales target … Read more

CCCG bullish on prospects of high-end property segment in 2022

PETALING JAYA: China-based China Communications Construction Group (CCCG) and WCT Holdings Bhd are developing CORE Residence @ TRX at Tun Razak Exchange via a joint-venture (JV) company CORE Precious Development Sdn Bhd. The high-end freehold project is worth RM1.4 billion in gross development value (GDV). CCCG is planning to make Kuala Lumpur its Southeast Asia … Read more

Tribute Portfolio Hotel makes debut in IOI Resort City

PUTRAJAYA: IOI Properties Group BHd (IOIPG) announces the opening of its Palm Garden Hotel, Putrajaya, a Tribute Portfolio Hotel. The opening of the hotel marks the brand debut of Marriott Bonvoy’s Tribute Portfolio in Malaysia. Located in the heart of IOI Resort City in Putrajaya, the 151-room hotel is set to showcase the hidden gem … Read more

AirAsia Ride-s into into Johor Baru, Ipoh, Seremban and Malacca

PETALING JAYA: Hot on the wheels of its recent launch in Penang, AirAsia Ride announced today its expansion into another four key cities – Johor Baru, Ipoh, Seremban and Malacca. AirAsia Ride Malaysia CEO Lim Chiew Shan said aligning with its “driver-forward” strategy that is coupled with its lowest commission rate in the industry, airasia … Read more

Hong Leong Bank’s loan facility for home solar power system

PETALING JAYA: Hong Leong Bank and Hong Leong Islamic Bank (HLB) have introduced a green energy financing facility called HLB Solar Plus Loan/Financing-i for home owners to install a solar-powered energy system that will enable them to save on their monthly electricity bills. The HLB Solar Plus Loan/Financing-i is open to new and existing HLB … Read more

Samaiden bags RM98m solar PV deal from Ramatex

PETALING JAYA: Samaiden Group Bhd has secured a RM98.2 million contract from Ramatex Group via its subsidiary, Ramatex Textiles Industrial Sdn Bhd, to develop rooftop solar photovoltaic (PV) systems with a total capacity of 39-megawatt-peak (MWp). Under the letter of award (LOA), the group will be appointed as the engineering, procurement, construction, and commissioning (EPCC) … Read more

Maybank Kim Eng to align to Maybank as the master brand

PETALING JAYA: Maybank Kim Eng Group is aligning its brand name and the names of its entities to Maybank as the master brand which sees the parting of “Kim Eng” from the name and logo. The group is now known as Maybank Investment Banking Group (Maybank IBG), and entities in its markets globally have adopted … Read more

Straits Energy, Fendercare Marine in Labuan STS venture

PETALING JAYA: Straits Energy Resources Bhd’s 60% owned subsidiary Victoria STS (Labuan) Sdn Bhd has signed a heads of agreement (HoA) with Fendercare Marine (Asia Pacific) Pte Ltd (FCM) to form an exclusive collaboration to provide ship-to-ship (STS) services together at the port limit of Victoria Bay, Labuan (Victoria Bay Port Limit). The STS hub … Read more

SKP plans remediation of recruitment fees to migrant workers

PETALING JAYA: Johor-based electronic manufacturing services provider SKP Resources Bhd will immediately carry out a remediation programme with respect to repayment of recruitment fees previously paid by its migrant workers to agents or other parties, and it will commission an Independent Third-Party Social Compliance Audit by April 2022, the specifics of which will be agreed … Read more