Zecon Unit Wins RM328 Mln EPCC Contract For Sarawak Solar Project​​​​​​​

KUALA LUMPUR, July 23 (Bernama) -- Zecon Bhd's (Zecon) wholly-owned subsidiary, Zecon Renewables Sdn Bhd has been awarded a RM328 million engineering, procurement, construction and commissioning (EPCC) contract from fellow subsidiary Zecon Renewables (Sarawak) Sdn Bhd.

Kerjaya Prospek Unit Secures RM52.5 Mln Subcontract In Klang Valley

KUALA LUMPUR, July 23 (Bernama) -- Kerjaya Prospek Group Bhd’s (KPGB) wholly-owned subsidiary, Kerjaya Prospek (M) Sdn Bhd, has secured a RM52.5 million subcontract for the execution and completion of civil, structural and basic low-voltage mechanical and electrical (M&E) works.

Velesto Edges Higher After Securing US$51 Mln Chevron Contract

KUALA LUMPUR, July 23 (Bernama) -- Velesto Energy Bhd’s share price inched up half-a-sen to 26.5 sen after securing a US$51 million (US$1=RM4.08) contract from Chevron Malaysia under the North Malay Basin Full Field Development Campaign. 

KLCI Futures Open Marginally Lower

KUALA LUMPUR, July 23 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts opened lower on Bursa Malaysia Derivatives on Wednesday.

CPO Futures Finish Mostly Higher On Expectation Of Tighter Supply, B50 Biodiesel Mandate

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, July 22 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended mostly higher on Wednesday, supported by expectations of tighter supplies, Indonesia’s B50 biodiesel mandate and the commodity’s price discount against competing edible oils.

Sapangar Port Expansion Expected To Be Completed By October 2027

KOTA KINABALU, July 22 (Bernama) -- The Sapangar Bay Container Port (SBCP) expansion project has reached 62.75 per cent completion as of June and is now expected to be completed by October 2027 following delays caused by difficulty in securing sand supply that meets specifications.

Gold Futures End Higher Tracking COMEX Gains

KUALA LUMPUR, July 22 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher today, tracking gains in gold prices on the US Commodity Exchange (COMEX).

GDB Holdings Bags RM439.4 Mln Mont Kiara Development Project

KUALA LUMPUR, July 22 (Bernama) -- GDB Holdings Bhd has secured a RM439.4 million contract to construct the Wolo Hotel & Residences Mont Kiara KL project in Kuala Lumpur from Magma Kiara Sdn Bhd.

KLCI Futures Close Lower

KUALA LUMPUR, July 22 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed lower on Wednesday in line with the cash market. 

Oil Price Spike Splits Global Markets As AI And Chip Stocks Attract Investors -- Analyst

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, July 22 (Bernama) -- While the Brent crude oil price hike would harm the global market, some heavy indexes of artificial intelligence (AI) and semiconductor beneficiaries are still attracting flows, creating a sharp split beneath the surface, an analyst said.

KLCI Futures Open Marginally Lower

KUALA LUMPUR, July 22 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts opened lower on Bursa Malaysia Derivatives on Wednesday.

Gold Futures End Higher Tracking COMEX Gains

KUALA LUMPUR, July 21 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher today, tracking gains in gold prices on the US Commodity Exchange (COMEX).