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Quick take: WZ Satu up 11% on bagging Petronas Carigali contract
KUALA LUMPUR: Shares in WZ Satu Bhd rose over 11% in early trade Thursday after securing a RM120mil contract from Petronas Carigali Sdn Bhd.
Cahya Mata seen as catalyst for infrastructure spending
PETALING JAYA: Even though Cahya Mata Sarawak Bhd’s (CMS) core net profit for the first quarter (Q1) fell by more than half, analysts believe the company should be a key catalyst for the state’s infrastructure spending.
Serba Dinamik bags 10 new contracts
Clinching projects in a downcycle augurs well for firm
Prestar secures RM80mil highway contracts
PETALING JAYA: Steel products and equipment maker Prestar Resources Bhd has secured RM80mil worth of contracts to supply guardrails and accessories for the development and upgrading of the proposed Pan Borneo Highway in Sarawak.
BHIC JV gets extension
PETALING JAYA: Bousted Heavy Industries Corp Bhd’s (BHIC) joint venture has secured a one-year extension from the government to maintain and provide logistics support for three helicopters.
MyEG foreign worker employment pass renewal job extended
PETALING JAYA: MyEG Services Bhd has received a three-year extension from the government to provide the foreign worker temporary employment pass online renewal service (PLKS) worth RM208mil.
Congo and the chocolate factory - New producer hits the sweet spot
GOMA (Reuters) - Aisha Kalinda melts the chunks of cocoa in a pan and spoons the brown gloop into a mould which will become the latest bar produced at the Lowa chocolate factory, the first locally owned producer in Democratic Republic of Congo.
Stocks adrift, havens sought as virus fears cast shadow over recovery
SINGAPORE: Asian stock markets struggled to make headway on Wednesday, while safe havens such as gold and the Japanese yen firmed as surging coronavirus infections in the United States took some of the shine off better-than-expected factory activity in China.