Kitacon Unit Secures RM54.87 Mln Main Building Works Contract

KUALA LUMPUR, Nov 10 (Bernama) -- Kumpulan Kitacon Bhd’s wholly owned subsidiary, Kitacon Sdn Bhd, has accepted a letter of award from Sime Darby Property (Elmina North) Sdn Bhd for main building works, including ancillary buildings, worth RM54.872 million.

YYForce Eyes Sustained Profitability On Robotics, Workforce Automation

KUALA LUMPUR, Nov 10 (Bernama) -- Nasdaq-listed workforce and facility management provider, YYForce Inc (YYForce) announced it is moving towards sustained profitability and positive operating cash flow, although it did not disclose any financial figures.

Mega Projects, Buildings Must Address Public Welfare, Societal Needs — PM Anwar

KUALA LUMPUR, Nov 10 (Bernama) -- Mega projects and buildings must address public welfare and societal needs as ignoring these risks would fuel frustration and resentment, said Prime Minister Datuk Seri Anwar Ibrahim.

Chery’s LEPAS L6 EV Completes 700km Drive With Global Ambassadors

KUALA LUMPUR, Nov 10 (Bernama) -- Chery Auto’s premium new energy vehicle (NEV) brand LEPAS took 34 ambassadors from 15 countries, including journalists from motoring media outlets, on a drive of nearly 700 kilometres (km) in its LEPAS L6 EV from Shanghai to Wuhu.

Malaysia Among Three Asian Markets With Net Foreign Inflows, Attracts US$381.3 Mln

KUALA LUMPUR, Nov 10 (Bernama) -- Foreign institutions extended their net buying streak to two consecutive weeks on Bursa Malaysia, recording net inflows of US$381.3 million (US$1=RM4.05), according to MBSB Investment Bank Bhd (MBSB IB).

Scicom Eyes International Expansion With Self-funding GovTech Border Infrastructure Model

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Nov 9 (Bernama) -- Scicom (MSC) Bhd is accelerating its international government technology (GovTech) expansion, leveraging a public-private financing model designed to help sovereign governments modernise border security without heavy upfront capital expenditure.

MITI Imposes Anti-dumping Duties On Flat-rolled Imports From China, Taiwan, Vietnam

KUALA LUMPUR, Nov 7 (Bernama) -- The Investment, Trade and Industry Ministry (MITI) has imposed provisional anti-dumping duties ranging from 4.41 per cent to 35.06 per cent on imports of flat-rolled products from China, Taiwan and Vietnam, effective today.

Ringgit Expected To Trade With Slight Positive Bias Next Week

By Danni Haizal Danial Donald

KUALA LUMPUR, Nov 7 (Bernama) -- The ringgit is expected to trade with a slight positive bias against the US dollar next week as investors assess the outlook for the United States interest rates.

Rubber Market Likely To Trend Lower Next Week Amid Oversupply

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 7 (Bernama) -- The Kuala Lumpur rubber market is expected to trade at a slower and weaker pace, with prices likely to trend lower amid oversupply and seasonally favourable weather conditions ahead of the monsoon.

Gold Futures Expected To Trade Lower Next Week Amid Volatility In Global Markets

By Danni Haizal Danial Donald

KUALA LUMPUR, Nov 7 (Bernama) -- Gold futures are expected to trade lower next week, amid continued volatility in global markets.

MISC-led Consortium Offers RM2.50 Per Share To Take Yinson Private In RM4.03 Bln Deal

KUALA LUMPUR, Nov 6 (Bernama) -- A consortium comprising MISC Bhd and Yinson Holdings Bhd’s (YHB) major shareholders Yinson Legacy Sdn Bhd (YLSB) and the Employees Provident Fund (EPF) have proposed to take YHB private in a deal valued at RM4.03 billion.

Microlink Unit Bags RM59.58 Mln Contract Extension For Immigration Screening System

KUALA LUMPUR, Nov 6 (Bernama) -- Microlink Solutions Bhd’s wholly owned unit Microlink Systems Sdn Bhd has secured a 12-month contract extension worth RM59.58 million for the advance passenger screening (APS) system for Jabatan Imigresen Malaysia, bringing the contract's total value to RM137.92 million.