<div class=newsTextDataWrapInner><p>KUALA LUMPUR (March 2): Aneka Jaringan Holdings Bhd has secured a RM20.18 million contract to undertake piling and substructure works for a 45-storey condominium project in Setapak.</p></div>

<div class=newsTextDataWrapInner><p>The contract was awarded by A&amp;A Architects Sdn Bhd on behalf of Curvo Development Sdn Bhd, said Aneka Jaringan in a stock exchange filing.</p></div>

<div class=newsTextDataWrapInner><p>The project's commencement date is March 1, and it is expected to be completed by Dec 31, the group said.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>The project is expected to contribute positively to the group's consolidated earnings and net assets for the financial year ending Aug 31, 2022 (FY22) and FY23, it added.</p></div>

<div class=newsTextDataWrapInner><p>Aneka Jaringan's shares ended half a sen or 2.63% lower at 18.5 sen, giving the piling and foundation outfit a market value of RM97.06 million.</p></div>


Aneka Jaringan Holdings Bhd has secured a RM20.18 million contract to undertake piling and substructure works for a 45-storey condominium project in Setapak.

Aneka Jaringan bags RM20m piling works contract for condo project

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Binasat Communications Bhd (KL:BINACOM) has proposed to undertake a private placement to finance the acquisition of several properties.

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A consortium seeking to buy out Hong Kong-listed ESR Group Ltd has submitted a binding offer for the logistics real estate firm, a move that would bring the months-long takeover pursuit one step closer to an end.

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<p>A Singaporean couple wanted in connection with a corruption case in Singapore, and who had been on the run for 19 years, were arrested by the Malaysian Anti-Corruption Commission (MACC) on Tuesday.</p>


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<p>Shares of Pentamaster Corporation Bhd (KL:PENTA) shot up as much as 22.6% to RM4.23 — a three-month&nbsp;high — after its 63.9%-owned subsidiary Pentamaster International Ltd voluntarily suspended trading of its shares on the Hong Kong Stock Exchange.&nbsp;</p>


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<p>Intel has started evaluating a handful of outsiders, including former board member Lip-Bu Tan, for the role of its chief executive officer, after the struggling American chipmaking icon&nbsp;ousted company veteran Pat Gelsinger, according to people familiar with the matter.</p>


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<p>The Employees Provident Fund (EPF) has emerged as a substantial shareholder in Mega First Corporation Bhd (KL:MFCB), after raising its direct stake in the utility conglomerate company to 5.99%, comprising 56.54 million shares.</p>


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<p>KUALA LUMPUR (Dec 4): Prime Minister Datuk Seri Anwar Ibrahim announced that the signing of the Johor-Singapore Special Economic Zone (JS-SEZ) agreement on Dec 9 this year, has been postponed to likely January 2025.</p>


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<p>Teleport, the logistics arm of Capital A Bhd (KL:CAPITALA), is expected to close its financial year ending Dec 31, 2024 (FY2024) with a record-high annual revenue of more than RM1 billion, according to its chief executive officer&nbsp;Pete Chareonwongsak.&nbsp;</p>


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<p>The construction sector in Malaysia is set to achieve its strongest year since 2016, driven by a surge in project roll-outs from both the public and private sectors, analysts from RHB said.</p>


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<p>Public Bank Bhd (KL:PBBANK) said on Wednesday it has completed the acquisition of 175.9 million shares, representing a 44.15% stake, in insurer LPI Capital Bhd (KL:LPI).</p>


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<p>Former prime minister Datuk Seri Najib Razak has denied ever telling then second finance minister Datuk Seri Ahmad Husni Hanadzlah to “not interfere” in matters of 1Malaysia Development Bhd (1MDB), refuting Husni’s claims that he had advised Najib against a US$1 billion joint venture (JV) with PetroSaudi International (PSI).</p>


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<p>UEM Sunrise Bhd (KL:UEMS) has announced the resignation of its chief executive officer, Sufian Abdullah, which will take effect from Feb 28, 2025.</p>

<p>The property developer said in a statement on Wednesday that Sufian, who was appointed to the post on Feb 2, 2021, had tendered his resignation on Nov 29 to pursue other opportunities. &nbsp;</p>


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<p>Jailed former prime minister Datuk Seri Najib Razak denied on Wednesday he had any personal interests in the PetroSaudi International Ltd (PSI) joint venture (JV), maintaining that what was done in 2009 was for national interests.</p>


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<p>KUALA LUMPUR (Dec 4): The recent Swiss court decision against PetroSaudi International Ltd (PSI) executives over the 1Malaysia Development Bhd (1MDB) scandal clearly shows that former prime minister Datuk Seri Najib Razak was not implicated in the misappropriation of funds, the court heard on Wednesday.</p>


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<p>Former prime minister Datuk Seri Najib Razak said that Datuk Shahrol Azral Ibrahim Halmi should be facing criminal charges like he is, instead of being the star prosecution witness in the 1Malaysia Development Bhd-Tanore (1MDB-Tanore) trial, as Shahrol, as the then chief executive officer of 1MDB, was the one who took steps to transfer US$700 million in 1MDB funds to a sham entity.</p>


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<p>TMC Life Sciences Bhd (KL:TMCLIFE) said its suspended CEO, Wan Nadiah Wan Mohd Abdullah Yaakob, has been found guilty of misconduct following a domestic inquiry.</p>

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<p>Perusahaan Otomobil Kedua Sdn Bhd (Perodua) aims&nbsp;to produce 500 units per month of an electric vehicle (EV) called eMO-II starting next year.</p>


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<p>Former prime minister Datuk Seri Najib Razak has once again alluded to the fabrication of his signature in 1Malaysia Development Bhd (1MDB)-related documents implicating him in the multibillion-dollar scandal.</p>


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<p>Terengganu-based mechanical and engineering services provider Enproserve Group Bhd has filed for an initial public offering (IPO) on Bursa Malaysia’s ACE Market to raise funds for its business expansion.</p>


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<p>Cash-rich Apollo Food Holdings Bhd’s (KL:APOLLO) net profit grew 6.7% year-on-year for the second quarter, supported by higher domestic and export sales.</p>


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<p>Cryptocurrency speculators kept Bitcoin in sight of the landmark US$100,000 (RM444,292) level in anticipation of further steps to support the sector by US President-elect Donald Trump.</p>


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<p>Public Bank Bhd (KL:PBBANK) will redeem its RM500 million subordinated sukuk murabahah on Dec 18, five years earlier than its maturity date of Dec 18 in 2029.</p>

<p>The third-largest bank in the country by assets on Wednesday said that the subordinated notes had a coupon rate of 3.72% per annum.</p>
