News by Justin Lim

Abadi Malaysia Sdn Bhd, Kota Lanskap Sdn Bhd and Usia Maintenance Sdn Bhd were found to have infringed Section 4 of the Competition Act 2010 in six tenders collectively worth RM44.85 million put out in 2018 and 2021. 

The potential implementation of export limitations by the US government on artificial intelligence (AI) chips is not expected to impact the operations of existing data centres in Malaysia, according to deputy minister of investment, trade and industry (Miti) Liew Chin Tong.

Gamuda Bhd (KL:GAMUDA) said its consortium has been appointed as the main contractor to deliver the first civil works package worth over RM8 billion for the Penang Light Rail Transit project.

Gamuda Bhd has won the coveted The Edge Billion Ringgit Club (BRC) 2024 Company of the Year award, while Public Bank Bhd managing director and chief executive officer Tan Sri Tay Ah Lek was named this year’s Outstanding CEO & Value Creator.

The Embassy of the People's Republic of China in Malaysia said in a statement on Facebook today the 425 death cases were among 20,438 confirmed cases received by China's National Health Commission so far.

Some quarters voiced their concerns over the loss of an independent body to regulate the operations of airports in the country, while others were more worried about the prospects of MAHB.

It posted quarterly net profit of RM192.32 million, up 11.4% from RM172.64 million a year earlier on lower operating expenses, finance costs and income tax expenses despite recording lower revenue.

Sharil was speaking at the Nomura Islamic asset management 10th anniversary investment forum here today.

“These comprise the second phase of commercial shoplots at Tropicana Aman in Kota Kemuning; the fourth landed residential phase at Tropicana Heights, Kajang; and a new commercial phase at Tropicana Metropark, all expected to contribute positively to the group’s earnings for the coming years,” it said in a statement yesterday.