<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Aug 3): A unit of AWC Bhd has been awarded sub-contract works for a multi-block mixed development in Klang, Selangor, from a unit of Crest Builder Holdings Bhd worth RM10.01 million.</p></div>

<div class=newsTextDataWrapInner><p>In a Bursa Malaysia filing, AWC said its unit Qudotech Sdn Bhd had on Aug 2 accepted the letter of award from CBTech (M) Sdn Bhd for the project's water and sanitary plumbing system and rainwater downpipe system for CB Land Sdn Bhd.</p></div>

<div class=newsTextDataWrapInner><p>The engineering services provider said Qudotech will supply, deliver, install, test and commission the systems.&nbsp;</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>The sub-contract works commenced on July 1, 2023 and would be completed by June 30, 2026.</p></div>

<div class=newsTextDataWrapInner><p>AWC's share price closed half a sen or 0.96% lower at 51.5 sen on Thursday, valuing the group at RM166.18 million.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>Crest Builder’s shares settled half a sen or 1.06% higher at 47.5 sen, bringing it a market capitalisation of RM84.04 million.</p></div>


A unit of AWC Bhd has been awarded sub-contract works for a multi-block mixed development in Klang, Selangor, from a unit of Crest Builder Holdings Bhd worth RM10.01 million.

AWC secures RM10 mil sub-contract works from Crest Builder unit

Europe's largest tech firm, computer chip equipment maker ASML, said on Thursday it expected sales growth to average 8% to 14% over the coming five years, as a boom in AI fuels strong demand for its most advanced tools.

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Oil prices slipped in early trade on Thursday, reversing most of the previous session's gains on a stronger dollar and worries of higher global output amid slow demand growth forecasts.

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The process of awarding the Sabah Pan Borneo Expressway Phase 1B Package project is done according to the stipulated procedure before the selected company is announced by the Ministry of Finance (MOF), said Public Works Minister Datuk Seri Alexander Nanta Linggi.

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In a landmark decision, the High Court on Thursday ruled that developers who deliver vacant possession of a property without allowing the owners to occupy it is against public policy and goes against the purpose of the vacant possession.

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The Ministry of Education (MOE) will introduce elements of Technical and Vocational Education and Training (TVET) starting from Year One in primary schools through the 2027 School Curriculum.

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KUALA LUMPUR (Nov 14): Sweden has officially become a smoke-free nation, with smoking prevalence across the country falling to a historic low of just 5.3%.

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The value of the global cryptocurrency market has topped US$3 trillion (RM13.4 trillion) and is in uncharted territory as the election of Donald Trump as US president spurred bets that friendlier US regulation could usher in a new boom for all corners of the asset class.

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PUTRAJAYA (Nov 14): Malaysia must re-evaluate its economic strategy to balance growth with social equity, said veteran economist Dr Nungsari Ahmad Radhi, stressing the need for a structural shift in the country’s factors of production, particularly labour, land, and capital, to stimulate sustaina...

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Chinese premium electric vehicle maker Zeekr will take control of Lynk & Co, a sister brand owned by Geely and Volvo Cars, two sources with direct knowledge of the plans said.

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Taiwan's Foxconn, the world's largest contract electronics maker, reported on Thursday a better-than-expected 14% rise in quarterly profit underpinned by robust demand for artificial intelligence servers.

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<p>South Dakota Senator John Thune, a longtime deputy of Mitch McConnell and an advocate of free trade, won election to lead the Republican Senate majority next year, setting up potential conflicts with President-elect Donald Trump over tariffs and Ukraine aid.</p>


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<p>KUALA LUMPUR (Nov 13): The government is allocating RM7.063 billion as a capital injection to finance the financial commitments of the companies of the Minister of Finance Incorporated (MOF Inc), said Finance Minister II Datuk Seri Amir Hamzah Azizan on Wednesday.</p>


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<p>LIMA, Peru (Nov 13): Malaysia’s Prime Minister Datuk Seri Anwar Ibrahim on Wednesday stressed the importance of strengthening ties with the Global South, highlighting the vast untapped potential and emerging opportunities in this region.</p>

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<p>Shares of VSTECS Bhd (KL:VSTECS) rose on Thursday after the electronics products distributor reported a surge in quarterly net profit on the back of record-high revenue.</p>


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<p>KUALA LUMPUR (Nov 14): Shares of Swift Haulage Bhd (KL:SWIFT) fell to their 13-month low on Thursday, after the logistics firm reported weaker-than-expected results.</p>


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<p>Republicans held on to their narrow majority in the US House, giving Donald Trump and his party unified control of the elected branches of government and limiting potential curbs on the incoming president’s power.</p>


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<p>LIMA, Peru (Nov 13): Malaysia hopes to contribute to the infrastructure development in Chancay Port, located around 80km north of Peru’s capital&nbsp;Lima, Prime Minister&nbsp;Datuk Seri Anwar Ibrahim said on Wednesday.</p>


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<p>US President-elect Donald Trump chose loyalists with little experience for several key cabinet positions on Wednesday, stunning some allies and making clear that he is serious about reshaping - and in some cases testing - America's institutions.</p>


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<p>Canadian Deputy Prime Minister Chrystia Freeland said American concerns about Mexico’s trade policy not being in line with its North American allies on China are “legitimate,” and she shares them.</p>


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<p>China’s economy likely gained momentum last month, with&nbsp;early indicators&nbsp;pointing to a rebound after the government began rolling out stimulus measures in late September.</p>


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<p>MISC Bhd (KL:MISC) said on Thursday its net profit fell in the third quarter, dragged by lower charter rates for its natural gas carriers and higher vessel operating costs, as it flagged a tough outlook for its key business.</p>


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<p>KUALA LUMPUR (Nov 14): The Ministry of Finance (MOF) said on Thursday sovereign wealth fund Khazanah Nasional Bhd will continue to fund start-ups despite&nbsp;losses from its investment&nbsp;in&nbsp;e-commerce platform FashionValet Sdn Bhd.&nbsp;</p>


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<p>Ice cream brand Ben &amp; Jerry's said in a lawsuit filed Wednesday that parent company Unilever has silenced its attempts to express support for Palestinian refugees, and threatened to dismantle its board and sue its members over the issue.</p>


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<p>New solicitors will represent Muhammed Yusoff Rawther in his sexual assault suit against Prime Minister Datuk Seri Anwar Ibrahim.</p>


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<p>Weak China markets dragged broader Asian shares lower on Thursday, while longer-dated US bond yields rose alongside the dollar as investors assessed the monetary policy and inflation outlook in the world's largest economy.</p>


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<p>In a landmark decision, the High Court on Thursday ruled that developers who deliver vacant possession of a property without allowing the owners to occupy it is against public policy and goes against the purpose of the vacant possession.</p>
