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PTT wins RM31.7 mil construction job, bags warehouse automation deal

PETALING JAYA: PTT Synergy Group Bhd's (PTT) wholly-owned subsidiary, Pembinaan Tetap Teguh Sdn Bhd (PTTSB) has accepted a contract from Sime Darby Property (Bukit Raja) Sdn Bhd to undertake construction and earthworks and ancillary works.

IJM denies prior talks on Sunway offer, reiterates rejection stance

KUALA LUMPUR: IJM Corp Bhd has clarified recent media reports on Sunway Bhd's conditional voluntary takeover offer (VTO), reiterating that the proposal was not discussed with the company prior to its formal announcement and maintaining its recommendation for shareholders to reject the offer.

YTL Cement takes control of Cepco with RM103.8mil stake

KUALA LUMPUR: YTL Cement Bhd has emerged as the controlling shareholder of Concrete Engineering Products Bhd (Cepco), following an acquisition of shares worth RM103.8mil

Nextgreen secures RM50mil working capital facility from Bank Rakyat

PETALING JAYA: Nextgreen Global Bhd (NGGB) accepted a RM50mil working capital financing facility from Bank Kerjasama Rakyat Malaysia Bhd.

Kee Ming wins RM6.7mil data centre subcontract

KUALA LUMPUR: Kee Ming Group Bhd's wholly-owned unit Kee Ming Electrical Sdn Bhd has secured a RM6.7mil subcontract for electrical and commissioning works at a hyperscale data centre project in Elmina Business Park 1A.

TSR Capital secures RM34mil flood mitigation contract

KUALA LUMPUR: TSR Capital Bhd's wholly-owned unit TSR Bina Sdn Bhd has secured a RM34mil contract for a flood mitigation project along the East Coast Expressway (Phase 1).

Cypark consortium secures RM1.96bil EPCC contract for Kenyir solar facility

KUALA LUMPUR Cypark Resources Bhd said its consortium with Sunview Group Bhd has received a RM1.96bil engineering procurement, construction and commissioning (EPCC) contract by TNB Power Generation Sdn Bhd (TNB GENCO) for a 595MWac hydro hybrid floating solar (HHFS) photovoltaic plant integrated with battery energy storage system (BESS) at Kenyir Lake, Terengganu.

T7 Global unit bags job for FPSO Berantai

KUALA LUMPUR: T7 Global Bhd said its wholly-owned subsidairy Tanjung Offshore Services Sdn Bhd has secured a contract from Vestigo Petroleum Sdn Bhd for the provision of offshore transport and installation for floating production, storage, and offloading (FPSO) Berantai.

Kerjaya Prospek unit to undertake private hospital project for RM98.79mil

KUALA LUMPUR: Kerjaya Prospek Group Bhd said its wholly-owned subsidiary Kerjaya Prospek (M) Sdn Bhd has accepted a contract from Sena Letrik (M) Sdn Bhd for building works for a proposed private hospital poject in Bandar Seremban Utama, Seremban 2, for RM98.79mil.

Trading ideas: Sunway, TNB, Cypark, UEM Edgenta, DKSH, Dialog, MN, Bintai, No Hsin, NexG

KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.