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MAHB said it has entered into an agreement with Alstom and the IJMC-Pestech joint venture (JV) to steer the aerotrain replacement project back on track.

Under the MOU, BDB Land will undertake to conduct a full land survey on a piece of identified land upon execution of this MOU, and furnish the land survey report to Enfiniti.

This brings its cumulative contract wins, year-to-date, to RM377.

Some 150.

“This proposed acquisition brings excitement to the group as it enables us to tap into ETA World’s expertise in the construction and property development of industrial properties, enabling the enlarged group to take advantage and ride on the favourable prospects of the industrial property market.

“The regulations for doing business in the Special Economic Zone must be streamlined, as in how to shorten the registration process and how to get the licences.

Malaysia and Singapore will also work on several initiatives that will build towards the JS-SEZ, including a one-stop business/investment service centre in Johor to facilitate the application processes for Singapore businesses to set up in Johor, adoption and implementation of a passport-free QR code clearance system on both sides, and the adoption of digitised processes for cargo clearance at the land checkpoints.

In a filing to Bursa Malaysia, Ireka said it has received the winding-up petition on Jan 8 served by AmBank via its solicitors, Messrs Heiley Hassan, Tan & Partners.

This is the second contract Nestcon has secured so far in 2024.

The research house said that if the breakout is sustained, the uptrend rebound will likely lead to the stock climbing towards the immediate resistance of 33.