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Business

MMHE 'hold', Wah Seong 'buy', TRC 'outperform', Kimlun 'buy'

Malaysia Marine and Heavy Engineering Holdings Bhd (MMHE) will be affected by an expected delay in new local upstream capital expenditure (capex), said UOB Kay Hian (UOBKH).

Business

ML Global set to expand in IBS segment

KUALA LUMPUR: Construction company ML Global Bhd is set to expand in the industrialised building system (IBS) segment, as it forms a joint-venture (JV) which will see an initial investment worth up to RM40mil in the first phase.

Business

SPNB partners Ajiya for Green Integrated Building Solutions

KUALA LUMPUR: Syarikat Perumahan Negara Bhd (SPNB) has signed a memorandum of understanding (MoU) with Ajiya Bhd to adopt the latter’s Green Integrated Building Solutions (AGIBS).

Business

Exco: China firm to set up RM300mil plant in Pekan Nanas

PONTIAN: Johor is finalising details on an investment from a China company in the industrial building system (IBS) that wants to set up its manufacturing facility in Pekan Nanas.

Business

MIDF Research upgrades Gabungan AQRS earnings by 23%

PETALING JAYA: MIDF Research has upgraded its earnings estimates for Gabungan AQRS Bhd by RM8.8mil or 23.03% and RM72.1mil or 16.3% for its revenue estimates on the back of two major developments.

Business

MIDF Research upgrades Gabungan AQRS earnings by 23%

KUALA LUMPUR: MIDF Research upgraded its earnings estimates for Gabungan AQRS Bhd by RM8.8mil or 23.03% and RM72.1mil or 16.3% for its revenue estimates for FYE17/18/19 on the back of two major developments.

Business

Breakfast briefing: Monday, July 3 (Update)

Breakfast briefing: Monday, July 3

Business

Gabungan AQRS plans to acquire Monolight for RM26mil

PETALING JAYA: Construction and property development firm Gabungan AQRS Bhd is acquiring an industrialised building system (IBS) company that is majority owned by Nirvana Asia Ltd founder Tan Sri Kong Hon Kong, to be paid in Gabungan shares.

Business

Tasco poised to become end-to-end logistics solutions provider

THIS year has largely been positive for logistics firm Tasco Bhd. The case has been generally similar for most of Malaysia’s logistics-related counters which have performed stronger, buttressed by the improved trade outlook for Malaysia and the accelerated growth of e-commerce.

Business

Tasco shareholders approve venture into cold chain business

SHAH ALAM: Logistics player Tasco Bhd expects its maiden foray into the cold chain business to contribute about 15% to 20% to revenue for the financial year ending March 31, 2018 (FY18), after both proposals of its EGM received near unanimous approvals from shareholders.