A lawsuit filed in the US against Genting Malaysia Bhd (KL:GENM) by its business partner RAV Bahamas Ltd has been dismissed, though the court opened the door for an amended complaint.
Technology stocks and construction companies building data centres fell on Monday morning, following reports of a draft US rule that will restrict exports of artificial intelligence (AI) chips to Malaysia and Thailand.
Kim Hin Industry Bhd (KL:KIMHIN) is set to be taken private after its chairman Chua Seng Huat and family offered RM45 million to buy out the ceramic tile manufacturer.
Transport Minister Anthony Loke said the recent Kuala Lumpur International Airport (KLIA) aerotrain disruption was caused by a failure in the airport’s older infrastructure, not the new train system.
The jobs are expected to contribute positively to the company’s revenue and earnings from FY2026 onwards.
Kim Hin shares closed up one sen or 2.22% to 46 sen on Thursday, giving the company a market capitalisation of RM72 million.
The aluminium extrusion manufacturer said it is buying the property from Lucksoon Coatings Sdn Bhd.
After a sluggish start amid concerns over US policy, data centre investments have picked up, and the upcycle may extend into the second half of the year.
The new stock short name will be “EWICAP”, replacing the old stock short name “EWINT”.
The cause of death was not disclosed in the construction group's bourse filing.
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