<div class=newsTextDataWrapInner><p>KUALA LUMPUR (May 2): Mechanical and electrical engineering services provider Pasukhas Group Bhd has secured a RM56.98 million contract to build a data centre in Selangor.</p></div>

<div class=newsTextDataWrapInner><p>In a filing with Bursa Malaysia on Thursday, Pasukhas said its wholly-owned subsidiary Pasukhas Sdn Bhd (PSB) had on Tuesday received a signed copy of the letter of acceptance (LOA) from an undisclosed company for the construction and completion of a data centre located in Selangor.</p></div>

<div class=newsTextDataWrapInner><p>Pasukhas described the company as "one of the leading multinational technology corporations headquartered in the US".</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>The project is scheduled to commence after the acceptance of the LOA and is expected to be completed by June 30, 2025.</p></div>

<div class=newsTextDataWrapInner><p>"The LOA marks a significant milestone towards the company’s strategic business expansion, and is expected to strengthen the company’s revenue and financial conditions upon completion of the project," Pasukhas said.</p></div>

<div class=newsTextDataWrapInner><p>The project is expected to contribute positively to the company’s future earnings.&nbsp;&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>At Thursday's market close, Pasukhas was unchanged at 14 sen, with 455,100 shares traded. Its market capitalisation stood at RM26.67 million.</p></div>


Mechanical and electrical engineering services provider Pasukhas Group Bhd has secured a RM56.98 million contract to build a data centre in Selangor.

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<p>&nbsp;Wall Street is starting to sour on the dollar as President-elect Donald Trump’s policies and the Federal Reserve’s interest-rate cuts will likely put pressure on the greenback in the latter portion of 2025.</p>

<p>From Morgan Stanley to JPMorgan Chase, roughly a half dozen sell-side strategists, are now forecasting the world’s reserve currency will peak as early as mid next year before starting to decline, with Societe Generale seeing the ICE US Dollar Index falling 6% at the end of next year.&nbsp;</p>


<p>South Korea’s currency and its stock market will take center stage on Monday, as investors respond to a weekend vote to impeach President Yoon Suk Yeol following his attempt to impose martial law.</p>

<p>The Korean won will be the main focus for traders, after its heavy losses during the country’s&nbsp;recent political chaos.</p>


<p>Australia’s markets watchdog sued HSBC Bank of Australia Ltd. for failing to protect customers who lost millions of dollars in scams.&nbsp;</p>

<p>HSBC received about 950 reports of unauthorized transactions between January 2020 and August 2024, resulting in customer losses of about A$23 million ($14.6 million), according to an Australian Securities and Investments Commission&nbsp;statement&nbsp;Monday.</p>


<p>What was supposed to be a comeback year for Boeing Co. has turned into its worst stock-market plunge since 2008, and if Wall Street is right, the plane-maker’s shares may have only a modest recovery in store in 2025.&nbsp;</p>

<p>The stock is down 35% this year, placing it among the 20 biggest decliners in the S&amp;P 500 Index.</p>


<p>The employment landscape in Malaysia has undergone a significant transformation. Companies are navigating a talent ecosystem that is influenced by digitalisation, flexible work arrangement (FWA) and a growing emphasis on the diversity, equity and inclusion (DEI) agenda.</p>


<p>In the pursuit of environmental, social and governance (ESG) best practices, it is easy to overlook gaps that are worthwhile addressing in creating a foundation for sustainability that is ultimately rewarding for an organisation.</p>
