MN Holdings wins RM122.7mil contracts for data centre power works
KUALA LUMPUR: MN Holdings Bhd's wholly owned subsidiary, MN Utilities Engineering Sdn Bhd, has accepted four letters of appointment (LOAs) with a total contract value of RM122.7mil for the supply and installation of substation equipment for data centre projects in central and southern Peninsular Malaysia.
M&G enters JV to expand vessel maintenance and repair services
KUALA LUMPUR: Marine & General Bhd (M&G) said its subsidiaries have entered into a joint venture agreement to undertake vessel maintenance, repair and docking-related businesses.
Binastra wins RM1.18bil building, infrastructure contracts in Johor
KUALA LUMPUR: Binastra Corporation Bhd's wholly owned subsidiary, Binastra Builders Sdn Bhd, has accepted two letters of award from Exsim Lumba Kuda Sdn Bhd for main building and infrastructure works worth a total of RM1.18bil.
Genting Plantations unit fined RM96.6mil by Indonesian authorities
KUALA LUMPUR: Genting Plantations Bhd said its 95%-owned indirect subsidiary, PT Susantri Permai, has been imposed an administrative fine of 396 billion rupiah (about RM96.6mil) by Indonesia's Forest Area Enforcement Task Force.
US clears FGV to export palm following WRO modification
KUALA LUMPUR: The United States has cleared FGV Holdings Bhd (FGV) to export palm oil and palm oil products to the US effective Jan 15 2026, following the modification of the Withhold Release Order (WRO).
PNB offers US$300mil secured exchangeable sukuk to strengthen portfolio diversification
KUALA LUMPUR: Permodalan Nasional Bhd (PNB) has launched a US$300 million secured exchangeable sukuk in line with its ongoing commitment to enhance portfolio resilience and deliver sustainable, long-term returns for its unitholders.
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KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
Vestland terminates three jobs worth RM551mil
Vestland Bhd has mutually terminated three of its contracts with Splendid Forte Development Sdn Bhd involving affordable housing projects in Selangor totaling RM550.69mil.
Datuk Adam Yee is Pestec president
Pestec International Bhd has appointed Datuk Adam Yee Hee Hoon as its president.
