<div class=newsTextDataWrapInner><p>KUALA LUMPUR (May 20): Genetec Technology Bhd has secured RM41.2 million in new orders from existing customers.</p></div>

<div class=newsTextDataWrapInner><p>In a filing today, the group said RM35.3 million of the orders come from electric vehicle and battery players, and RM5.9 million from hard disk drive, electronics and semiconductor players.</p></div>

<div class=newsTextDataWrapInner><p>The tenure of the projects normally ranges from three to nine months, depending on the size of the order and time frame specified by customers, it said.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>"Scope of works will involve but not limited to concept design and detailed drawing, order and receiving of component parts, system fabrication and assembly, software coding and programming, factory set-up &amp; system testing and lastly installation, commissioning and acceptance by customers," it added.</p></div>

<div class=newsTextDataWrapInner><p>Genetec said the orders are expected to positively contribute to its earnings for the financial year ending March 31, 2022.</p></div>

<div class=newsTextDataWrapInner><p>Shares in Genetec closed 2.96% or 11 sen higher at RM3.83, valuing the group at RM175.12 million. The counter saw 309,100 shares traded.</p></div>


Genetec Technology Bhd has secured RM41.2 million in new orders from existing customers.

Genetec secures RM41m in new orders from existing customers

AirAsia has become the first international airline to operate commercial flights to Port Blair (Sri Vijaya Puram) in India's Andaman and Nicobar Islands.

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Tropicana Corporation Bhd (KL:TROP) has previewed the Skypark Kepler branded residence at Hilton Orchard, Singapore on Saturday. The branded serviced residence is the first phase of Tropicana’s 163-acre Lido Waterfront Boulevard mixed-use development in Johor.

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<p>AirAsia has become the first international airline to operate commercial flights to Port Blair (Sri Vijaya Puram) in India's Andaman and Nicobar Islands.</p>


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<p>The investigation involving FashionValet Sdn Bhd founding couple over the investment loss of Khazanah Nasional Bhd and Permodalan Nasional Bhd (PNB) is expected to be completed in two weeks.</p>


<p>China’s President Xi Jinping wants a “powerful currency” that is stable enough to play a rising role in global trade. Donald Trump’s return looks set to challenge that ambition.</p>


<p>Tropicana Corporation Bhd (KL:TROP) has previewed the Skypark Kepler branded residence at Hilton Orchard, Singapore on Saturday. The branded serviced residence is the first phase of Tropicana’s 163-acre Lido Waterfront Boulevard mixed-use development in Johor.</p>


<p>Bill Hwang, the founder of Archegos Capital Management, should spend 21 years in prison for running a market manipulation scheme that wiped out his US$36 billion (RM161.06 billion) firm and cost its lenders more than US$10 billion, federal prosecutors said on Friday.</p>


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<p>The Bandar Teknologi Maju Perlis project in Chuping, set to begin next year, is expected to create around 2,000 direct job opportunities in technology fields.</p>


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<p>The conventional wisdom following Israel’s recent strikes on Iranian military facilities in retaliation for Iran’s ballistic missile attack on Israel is that the risk of further escalation has been contained. Initial statements from the Islamic Republic’s supreme leader suggested that Iran may no...

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<p>President Volodymyr Zelenskiy has said Ukraine must do all it can to ensure the war with Russia ends next year through diplomacy, commenting at a decisive moment after Donald Trump's US presidential election win and Russia's grinding battlefield gains.</p>


<p>Malaysia and the Republic of Guinea should intensify their engagement, particularly in market access and technical assistance, said Deputy Investment, Trade and Industry Minister Liew Chin Tong.</p>


Malaysia, Guinea should enhance engagement in technical assistance, says Liew

<p>The Philippines evacuated tens of thousands of people from their homes and cancelled dozens of flights on Saturday, as a super typhoon threatened to unleash heavy rains and powerful winds that could trigger floods and storm surges.</p>


<p>Inmates placed under the house arrest will wear monitoring devices to track their locations after the Bill is passed in Parliament, Home Minister Datuk Seri Saifuddin Nasution Ismail.</p>


<p>Elon Musk's political ascendancy has some Wall Street banks hoping they may soon be able to offload US$13 billion (RM58.16 billion) of debt that backed the billionaire's purchase of the social media platform X, three banking sources said.</p>


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<p>SHANGHAI (Nov 16): China is willing to be partners and friends with the US, China's ambassador to Washington said, seeking to strengthen dialogue between the world's two largest economies.</p>

<p>China has no plan to surpass or replace the US, Xie Feng said in a speech in Hong Kong on Friday, ...

<p>Seven flood mitigation projects (RTB) are currently underway in Melaka, involving a total allocation of RM1.006 billion, said Deputy Prime Minister Datuk Seri Fadillah Yusof.</p>
