<div class=newsTextDataWrapInner><p><span style="font-style: italics;">This article first appeared in The Edge Financial Daily on July 13, 2018 - July 19, 2018</span></p></div><div class=newsTextDataWrapInner><p>KUALA LUMPUR: Kumpulan Jetson Bhd’s wholly-owned subsidiary, Jetson Construction Sdn Bhd, has bagged a contract worth RM88.03 million to build four blocks of serviced apartments in Jalan Yap Kwan Seng, Kuala Lumpur.</p></div>

<div class=newsTextDataWrapInner><p>In a bourse filing yesterday, Kumpulan Jetson said the letter of award was received from Ken Wong Architect, which issued it on behalf of O&amp;C Makok Isola Sdn Bhd.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Under the 32-month contract, the group has to undertake the construction of the main building and external works for four blocks of serviced apartments totalling 140 units. The project’s commencement date will be confirmed by the architect.</p></div>

<div class=newsTextDataWrapInner><p>“The project is expected to contribute positively to the earnings of Jetson Group for the financial years ending 2018 to 2021,” said Kumpulan Jetson.</p></div>

<div class=newsTextDataWrapInner><p>Shares in Kumpulan Jetson closed one sen or 4.54% higher at 23 sen yesterday, for a market capitalisation of RM47.53 million.</p></div>


KUALA LUMPUR: Kumpulan Jetson Bhd’s wholly-owned subsidiary, Jetson Construction Sdn Bhd, has bagged a contract worth RM88.03 million to build four blocks of serviced apartments in Jalan Yap Kwan Seng, Kuala Lumpur.

In a bourse filing yesterday, Kumpulan Jetson said the letter of award ...

Kumpulan Jetson unit bags RM88m apartment job

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<p>US&nbsp;President Joe Biden pledged a US$4 billion (RM17.8 billion) US contribution to the World Bank's International Development Association fund for the world's poorest countries, a senior Biden administration official said on Monday.</p>


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<p>Asian equities are poised to track Wall Street stocks higher as treasuries halted a selloff that drove 10-year yields near 4.5%. Traders were also closely watching news around President-elect Donald Trump’s administration.</p>


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<p>An undersea data cable connecting Finland and Germany was severed in the early hours of Monday by what was likely an external impact, authorities in the Nordic country said.</p>

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<p>Jadi Imaging Holdings Bhd (KL:JADI) has proposed a share capital reduction to wipe out RM63 million of the company’s accumulated losses.</p>


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<p>Donald Trump's social media company is in advanced talks to buy crypto trading firm Bakkt, the <i>Financial Times</i> reported on Monday, citing two people with knowledge of the talks.</p>


Trump's social media group in talks to buy Bakkt — FT

<p>Stocks climbed as treasuries halted a selloff that drove 10-year yields near 4.5%, with traders keeping a close eye on news around President-elect Donald Trump’s administration.</p>


Nasdaq 100 halts five-day slide as US treasuries gain

<p>The government has introduced various initiatives and incentives to enhance the capacity of the local automotive industry, aiming to increase exports of vehicles, including spare parts and components, according to the Ministry of Investment, Trade, and Industry (Miti).</p>


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<p>Exchange-traded funds that buy Chinese stocks continue to see outflows amid rising concerns over the nation’s growth outlook and the risk of new tariffs under a Donald Trump administration.</p>


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<p>Oil prices rose on news on Monday that output at Norway's giant Johan Sverdrup oilfield has been halted, adding to earlier gains stemming from escalation in the Russia-Ukraine war.</p>


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<p>Top Justice Department antitrust officials have decided to ask a judge to force Alphabet Inc’s Google to sell off its Chrome browser in what would be a historic crackdown on one of the world’s biggest tech companies.</p>


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<p>Singapore police ended their pursuit of 15 people involved in the country’s largest-ever money laundering scandal, after the suspects agreed to surrender a total of S$1.85 billion (US$1.4 billion or RM6.26 billion) worth of assets to authorities.</p>


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<p>A German court said on Monday that Facebook users whose data was illegally obtained in 2018 and 2019 were eligible for compensation.</p>
