<div class=newsTextDataWrapInner>KUALA LUMPUR (Sept 5): Affin Bank Bhd confirmed today it has awarded a RM505 million contract to IJM Corp Bhd for the construction of its 47-storey headquarters at Tun Razak Exchange (TRX) here. 
 
In a filing with Bursa Malaysia today, Affin Bank said it has issued a letter of award to IJM Construction Sdn Bhd, a wholly-owned subsidiary of IJM Corp, for the proposed project. 
 
IJM Construction has accepted the letter of award yesterday (Sept 4). 
 
"The duration of the project is 26 months and is expected to be completed by December 2020," said Affin Bank. 
 
Affin Bank shares ended the morning session unchanged at RM2.40 today, with 28,300 shares done, for a market capitalisation of RM4.66 billion. Shares in IJM Corp, meanwhile, were down 3 sen or 1.57% at RM1.88, with 1.29 million shares traded, valuing it at RM6.83 billion. 
 
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KUALA LUMPUR (Sept 5): Affin Bank Bhd confirmed today it has awarded a RM505 million contract to IJM Corp Bhd for the construction of its 47-storey headquarters at Tun Razak Exchange (TRX) here.

In a filing with Bursa Malaysia today, Affin Bank said it has issued a letter of award ...

Affin Bank confirms award of RM505m contract for TRX HQ

SYDNEY/WELLINGTON/BENGALURU (Dec 18): Rescuers in Vanuatu searched on Wednesday for people trapped under rubble, a day after a 7.4 magnitude earthquake struck the Pacific nation's capital Port Vila, killing 14 people including two Chinese nationals and damaging commercial buildings, embassies and a hospital.

Vanuatu earthquake death toll rises to 14 as rescuers search for survivors

The number of hungry people worldwide has been rising over the last decade. Although there is little monitoring of its many adverse consequences, especially in developing countries, malnutrition is a much greater threat than is acknowledged.

Malaysian malnutrition

Malaysians...

My Say: Universal school feeding can do wonders

A challenge most organisations face in cybersecurity is a lack of visibility into their network traffic, said Simon Lee, vice-president of Asia Pacific and Japan at Gigamon. Without an understanding of the happenings in a network, it is difficult for businesses to identify and address potential threats.

Cybersecurity: Dissecting imminent threats

Blackstone Inc has bought a Ritz-Carlton resort in Okinawa and is purchasing another hotel on the Japanese island in a deal worth about ¥20 billion (RM579.83 million), according to people with knowledge of the matter.

Blackstone buys Ritz-Carlton Okinawa with Japan tourism booming

Auto Bavaria has partnered Affin Group to expand electric vehicle (EV) charging infrastructure, aiming to make EV ownership more accessible.

Auto Bavaria managing director Vi Thim Juan, in a statement on Wednesday, said the main goal of this partnership is to improve the availability of EV charging facilities across Malaysia.

Auto Bavaria partners Affin to expand EV charging infrastructure

Boeing said late on Tuesday it has resumed production of all airplane programmes that had been halted by a machinists' strike in the Pacific Northwest.

Boeing resumes production of 767, 777 planes 

Oil prices traded in a narrow range early on Wednesday as investors remained cautious ahead of an expected interest rate cut by the US Federal Reserve, while weighing up the potential supply impact of tighter sanctions on Russia.

Oil steady while market eyes Fed rate decision

KUALA LUMPUR (Dec 18): Malaysia’s exports rose 4.1% in November 2024 from a year earlier, above market expectations, government data showed on Wednesday.

Malaysia’s November 2024 exports rise 4.1% year-on-year, above forecast — Miti

(Dec 18) : Honda Motor Co and Nissan Motor Co are exploring a potential merger, according to people familiar with the matter, which would create a singular rival to Toyota Motor Corp in Japan and better position the combined company to face competitive challenges around the world.

Nissan and Honda consider merger to take on world's biggest carmaker

KUALA LUMPUR (Dec 18): Shares of United Plantations Bhd (KL:UTDPLT) hit fresh all-time intraday high in early morning trade on Wednesday. The stock gained 2% to touch RM33.06 to become the top gainer on Bursa Malaysia.

United Plantations hits fresh record intraday high at RM33.06

(Dec&nbsp;18) :&nbsp;Honda Motor Co&nbsp;and Nissan Motor Co&nbsp;are exploring a potential merger, according to people familiar with the matter, which would create a singular rival to Toyota Motor Corp&nbsp;in Japan and better position the combined company to face competitive challenges around the world. &nbsp;

The proposed abolition of the Rule of 78 by Bank Negara Malaysia could “pave the way” for similar reforms in other financing products, including hire purchases, having a larger impact on the banking sector, according to Phillip Capital.

Bank Negara's plan to abolish Rule of 78 may lead to wider financial reforms, says Phillip Capital

Fashion firm Carlo Rino Group Bhd (KL:CARLORINO) made a weak debut on the ACE Market of Bursa Malaysia, after it raised some RM46 million from its initial public offering (IPO).

Carlo Rino stages weak debut in ACE Market transfer listing

KUALA LUMPUR (Dec 18): Jati Tinggi Group Bhd (KL: JTGROUP) shares gained in active trade on Wednesday, a day after it said it won contract to supply and install photovoltaic solar panel systems at Public Bank Bhd’s (KL:PBBANK) branches for some RM14.88 million.

Jati Tinggi’s shares gain in active trade early Wednesday on Public Bank contract

Solar renewable energy specialist Northern Solar Holdings Bhd, en route to list on the ACE Market of Bursa Malaysia on Feb 6, is looking to raise up to RM64.8 million from the public market to part-finance its business expansion and for working capital.

ACE Market-bound Northern Solar seeks to raise up to RM65m in IPO

KUALA LUMPUR (Dec 18): Shares of United Plantations Bhd (KL:UTDPLT) hit fresh all-time intraday high in early morning trade on Wednesday. The stock gained 2% to touch RM33.06 to become the top gainer on Bursa Malaysia.

UEM Sunrise Bhd (KL:UEMS) and ITRAMAS Corp Sdn Bhd have signed a memorandum of understanding (MOU) with China-based battery energy storage solutions (BESS) and power battery technology manufacturer Gotion High-Tech Co Ltd to develop a research and development (R&amp;D) centre at UEM Sunrise’s Renewable Energy (RE) Industrial Park in Gerbang Nusajaya, Iskandar Puteri, Johor.

UEM Sunrise, ITRAMAS sign MOU with China-based Gotion High-Tech to develop R&D centre in Johor

Asian stocks hovered near two-week lows and the dollar hit milestone highs against the Australian and New Zealand dollars on Wednesday in the countdown to an expected US interest rate cut.

Dollar strong ahead of Fed meeting, Japan auto shares surge on Honda-Nissan news

(Dec 18):&nbsp;Only a year after having their size clipped in the Nasdaq 100 because they got too big, the world’s largest technology companies may face another pruning when the marquee benchmark rebalances this week.

Megacap tech stocks have gotten too big for Nasdaq 100 again

CIMB Securities is positive on Malaysia’s equity market in 2025, underpinned by a third consecutive year of earnings growth at 8%, driven by banks, construction and utilities sectors.

Banks, construction, utilities sectors to drive 2025 earnings growth — CIMB Securities

KUALA LUMPUR (Dec 18): Nissan Motor Co and &nbsp;Honda Motor Co are exploring various possibilities for future collaboration, according to Nissan, amid news of a possible merger with Honda.

Nissan confirms it is exploring collaborations with Honda

KUCHING (Dec 17): The Bintulu Development Authority (BDA) has acquired a 10% stake in Pertama Ferroalloys Sdn Bhd through a share transfer memorandum of understanding (MOU), which is a milestone move for economic growth, community development, and sustainable initiatives in Sarawak.

Bintulu Development Authority acquires 10% stake in Pertama Ferroalloys

(Dec 18) :&nbsp;US stocks declined as traders braced for the Federal Reserve’s widely anticipated rate decision and its forecast for next year.

Stocks drop before Fed’s last decision of the year

As global air traffic demand exceeds pre-Covid-19 pandemic levels this year, airlines are turning their attention to fleet expansion and about 10,000 more planes will operate by 2034, according to a new report published by global aviation advisory firm Alton Aviation Consultancy.

10,000 more planes to take to  the sky in 10 years, says Alton

KUALA LUMPUR (Dec 18): As Singapore’s property market rebounds from a prolonged lull, Hong Leong Investment Bank (HLIB) said it is “too early to worry” and &nbsp;anticipate any government cooling measures ahead of an election year.

Premature to expect Singapore’s govt intervention as home sales hit decade high — HLIB

President Yoon Suk Yeol’s shock declaration of martial law revved up South Koreans from 0 to 100.

Within hours of Yoon’s late night announcement on Dec 3, protesters massed on Seoul’s streets and lawmakers were so frantic to block the decree that they climbed over the fence of the legislature.

South Korea’s ‘hurry hurry’ culture helps bring down a president

SAN FRANCISCO (Dec 17): Salesforce has closed more than 1,000 paid deals for "Agentforce", its platform for creating virtual representatives powered by artificial intelligence (AI), its chief executive officer (CEO) Marc Benioff said on Tuesday.

Salesforce closes 1,000 paid 'Agentforce' deals, looks to robot future

South Korea’s impeached President Yoon Suk Yeol skipped questioning by a joint investigation team on Wednesday, according to local media reports, increasing the risk of his arrest.

South Korea’s Yoon skips questioning, adding to risk of arrest

Bain Capital plans to make a bid to buy shares of Japanese software company Fuji Soft Inc without support from the company’s board of directors, kicking off a rare hostile bid in Japan against KKR &amp; Co.

Bain to make US$4.2b hostile bid for Fuji Soft against KKR

(Dec 18): Gold&nbsp;prices edged higher on Wednesday, as attention turned to the US Federal Reserve's upcoming monetary policy decision, with the US central bank anticipated to implement a third rate cut this year, and provide insights into its plans for 2025.