ACE Market-bound GHS posts 1Q net profit of RM1.5mil
PETALING JAYA: ACE Market-bound Guan Huat Seng Holdings Bhd posted a net profit of RM1.51mil for its first quarter ended Oct 31, 2025 (1Q26), on the back of RM20.14mil in revenue.
Favelle Favco secures RM76.3mil crane orders
PETALING JAYA: Favelle Favco Bhd's subsidiaries have secured three crane orders worth a combined RM76.3mil.
IJM confirms MACC, IRB presence at office
KUALA LUMPUR: IJM Corp Bhd said officers from the Malaysian Anti-Corruption Commission (MACC) and Inland Revenue Board (IRB) were present at the company's office today to obtain information as part of their process.
CAB Cakaran buys industrial building in Pahang for RM2.8mil
PETALING JAYA: CAB Cakaran Corp Bhd is proposing to acquire a single-storey detached industrial building annexed with a double-storey office in Kuantan, Pahang, from Fah Leong Sdn Bhd for RM2.8mil.
PJBumi forms JV with Chinese firm for oilfield equipment production
PETALING JAYA: PJBumi Bhd's wholly-owned subsidiary, PJBumi Heavy Engineering & Services Sdn Bhd has entered into a joint venture (JV) with Chinese-based INTLEF Horizon Pressure Control (Jiangsu) Co Ltd to form a new company which is set to undertake new projects within Malaysia, Indonesia and any other country.
Rianlon’s RM1.27bil project boosts Johor’s high-value manufacturing push
JOHOR BAHRU: Rianlon Corporation's decision to establish a research and development (R&D) and manufacturing facility in Johor reflects strong and sustained investor confidence in the state as a regional hub for high-value and technology-driven investments.
Opensys wins RM22mil cash recycling machines supply contract
PETALING JAYA: Opensys (M) Bhd has received and accepted a purchase order (PO) from an existing customer, Reachful Malaysia Sdn Bhd, for the supply of new cash recycling machines (CRM) worth RM22.05mil.
Reservoir Link secures its first CCS solutions contract
PETALING JAYA: Reservoir Link Energy Bhd's 60% owned subsidiary, Reservoir Link SoluEons Sdn Bhd, has been awarded a contract by Hibiscus Oil & Gas Malaysia Ltd for the provision of PM3 CAA carbon capture and storage (CCS) project – third party subsurface review and technical assurance.
PETRONAS appoints Mohd Jukris as COO effective Feb 1, 2026
KUALA LUMPUR: Petroliam Nasional Bhd (PETRONAS) has appointed Mohd Jukris Abdul Wahab as chief operating officer (COO) with effect from Feb 1, 2026.
Malaysian economy to stay resilient in 2026 on FDI, robust infrastructure investment- HSBC
KUALA LUMPUR: Malaysia's economy is expected to remain resilient this year, driven by the ongoing foreign direct investment (FDI) and robust infrastructure investment, said HSBC chief Asia economist Frederic Neumann.
