ITMAX System Bhd (KL:ITMAX) has secured a RM30.24 million contract from the Pengerang Municipal Council (MPP) in Johor to implement smart surveillance systems.

The High Court here has ordered the Selangor government to hand over three key impact assessment reports of the controversial Petaling Jaya Dispersal (PJD) Link project to four Petaling Jaya residents within a month, granting the residents’ judicial review bid in part.

Matrix Concepts Holdings Bhd’s (KL:MATRIX) long-serving group managing director Ho Kong Soon, 58, is resigning to pursue personal endeavours.

Property developer Malton Bhd (KL:MALTON) entered into a memorandum of understanding (MOU) with Shenzhen Apexls Optoelectronic Co Ltd, a China-based manufacturer of LED displays, to incorporate advanced LED technology into its Malaysian property developments.

Construction company Binastra Corp Bhd (KL:BNASTRA) reported a 63.2% year-on-year jump in its fourth quarter net profit, as revenue surged 73.9% on higher construction activities and the commencement of 12 new projects during the financial year. The group also declared its first dividend in seven years.

Oil and services firm KNM Group Bhd (KL:KNM), whose share price has been trading at its lowest over the last two weeks, said its indirect wholly-owned subsidiary is being sued by MBSB Bank Bhd for allegedly defaulting on a RM116.13 million Islamic financing facility.

UK-based investment company Aberdeen Group plc, formerly known as Abrdn plc, has become a substantial shareholder in Eastern & Oriental Bhd (KL:E&O) after increasing its stake to 5.047%, representing 125.66 million shares.

Noteworthy:

• Freehold
• Built-up size: 1,028 sq ft
• Semi-furnished
• 1 bathroom
• Nearby amenities: Sunway 163, 1 Mont’Kiara, Garden International School, Mont’Kiara International School, Kuala Lumpur Golf & Country Club
• Accessibility:  SPRINT Penchala and Kerinchi Links, Jalan Duta-Sungai Buloh Highway, NKVE, North-South Expressway, Jalan Duta Kiara

When: December 2024

No order was made as to costs.

The stock began slipping thereon, hitting 23.5 sen at 9.10am after more than 11 million shares changed hands.