Trading ideas: Uzma, Tuju Setia, Dialog, LBS, Tropicana, MGB, Ni Hsin, Sunway, Country Heights, Infomina
KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
Dialog begins expansion on Phase 3 PDT
Dialog Group Bhd has commenced construction on the Phase 3 expansion of its Pengerang Deepwater Terminals (PDT) in Johor, following the fulfillment of conditions linked to a long-term service agreement signed with BP Singapore Pte Ltd last November.
Uzma bags PETRONAS Carigali projects
Uzma Bhd has secured three contracts from PETRONAS Carigali Sdn Bhd for the provision of coiled tubing unit equipment and services across Sabah and Sarawak, as well as for completion packages in Malaysia.
Express Powerr inks agreement for Lombok job
Express Powerr Solutions (M) Bhd has entered into a joint cooperation agreement or JCA to undertake a 15MW power-generation project in Lombok, Indonesia, marking a step in its regional expansion.
HSS Holdings inches closer to market debut
HSS Holdings Bhd has entered into an underwriting agreement with M & A Securities Sdn Bhd in preparation for its initial public offering (IPO) on the ACE Market of Bursa Malaysia.
Abdul Wahid Omar gets on Sunway’s board
Sunway Bhd has appointed former Malayan Banking Bhd (Maybank) president and chief executive officer (CEO) Tan Sri Abdul Wahid Omar as an independent and non-executive director.
Zetrix, CAICT’s Astron unveil blockchain-AI trust layer
Zetrix AI Bhd and the China Academy of Information and Communications Technology (CAICT) have jointly unveiled a blockchain-based trust protocol aimed at supporting autonomous artificial intelligence (AI), positioning it as core infrastructure for a developing "agentic economy".
Tuju Setia bags RM359mil residential job
Tuju Setia Bhd has secured a high-rise residential project from Sime Darby Property Bhd valued at RM359.3mil.
MGB secures RM35mil Saudi villa project
MGB Bhd has accepted a letter of award from ROSHN Group for the construction of 75 villa units under the Marafy Al Arous Development Project, Phase 1A Zone B – Blocks 104, 105 and 106, in Saudi Arabia, worth RM34.76mil.
Iran war puts Hibiscus Petroleum in sweet spot
Every US$10 increase in Brent crude oil prices per barrel could lift Hibiscus Petroleum Bhd's share price by about 34 sen, estimates Hong Leong Investment Bank (HLIB) Research.
