<div class=newsTextDataWrapInner><p>KUALA LUMPUR (June 13): Sunview Group Bhd’s wholly-owned subsidiary, Fabulous Sunview Sdn Bhd has inked a development and cooperation agreement with Uzbekistan’s Ministry of Energy to develop two large-scale solar photovoltaic (PV) plants and battery energy storage systems (BESS) in Uzbekistan.</p></div>

<div class=newsTextDataWrapInner><p>In a filing with Bursa Malaysia, Sunview said its unit is responsible for the design, engineering, procurement, and construction of a 400 megawatt of alternating current (MWac) solar PV plant with a 100 megawatt (MW)/200 megawatt hour (MWh) BESS in the Andijan district.</p></div>

<div class=newsTextDataWrapInner><p>It also will develop a 200 MWac solar PV plant with a 50MW/100MWh BESS in the Fergana district.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Group executive director and group chief executive officer, HP Ong said these projects will provide financial feasibility to the group in the coming years, supported by the favorable tariff for solar PV plants and BESS.</p></div>

<div class=newsTextDataWrapInner><p>“These projects will also accelerate Uzbekistan's transition to renewable energy, helping the nation to achieve a 40% contribution from renewable sources by 2030.</p></div>

<div class=newsTextDataWrapInner><p>“By increasing the contribution of renewables, our projects will not only contribute to a stable energy supply but also reduce the nation's carbon footprint,” he said.</p></div>

<div class=newsTextDataWrapInner><p><em>Uploaded by Lam Seng Fatt</em></p></div>

<div class=newsTextDataWrapInner><p>&nbsp;</p></div>


Sunview Group Bhd’s wholly-owned subsidiary, Fabulous Sunview Sdn Bhd has inked a development and cooperation agreement with Uzbekistan’s Ministry of Energy to develop two large-scale solar photovoltaic (PV) plants and battery energy storage systems (BESS) in Uzbekistan.

Sunview Group secures large scale solar project in Uzbekistan

The yield on China’s benchmark bond fell to a low in more than two decades, as investors continued to flock to the notes, amid lingering concerns about the domestic economy and expectations for further stimulus.

China’s 10-year yield down to lowest since 2002 on growth worry

INVESTORS who bet on the growth story of CCK Consolidated Holdings Bhd (KL:CCK) a year ago would have been quite handsomely rewarded as the share price of the integrated poultry and retail player has more than doubled on the back of its robust expansion plans.

The icing on the cake may ...

Market digesting Creador’s stake acquisition in CCK’s Indonesian unit 

Kota Damansara, or Section PJU5, in Petaling Jaya, Selangor, is known as a low-density residential neighbourhood dominated by landed properties such as terraced houses, semidees and bungalows. However, there are a growing number of high-rise residential developments in the area. Several of these ...

Rental Market: Kota Damansara’s rental market buoyed by strategic location, good amenities

The Employees Provident Fund (EPF) has become a substantial shareholder in electronic manufacturing services (EMS) provider Aurelius Technologies Bhd (KL:ATECH), with a 7.87% stake.

EPF purchased 15.07 million shares in the company on June 19, the same day ATech completed the private placement of shares after listing 39.4 million shares.

EPF emerges as Aurelius Technologies’ substantial shareholder with 7.87% stake  

Berjaya Tagar Sdn Bhd, a subsidiary of Berjaya Land Bhd (KL:BJLAND), officially launched an affordable residential project on Wednesday under Berjaya Flagship Affordable Homes (BFAH) called Pangsapuri Azalea in Subang Heights, Subang Jaya, Selangor.

Berjaya Land launches Pangsapuri Azalea affordable housing project in Subang Heights

E-commerce firm Shopee said on Wednesday it had agreed to make changes to its services in Indonesia, after the country's antitrust agency said the platform had admitted to violating anti-monopoly rules.

Shopee to adjust services in Indonesia after antitrust violation

KUALA LUMPUR (June 26): Following Malaysia’s approved investment growing 13% for the first quarter this year (1Q2024), the annual approved investment in 2024 should grow at least one time the gross domestic product (GDP) growth this year, according to the Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.

Zafrul: Malaysia’s approved investment should grow at least one time GDP growth this year after 13% surge in 1Q2024

Malaysia’s total services trade registered RM433.2 billion in 2023, representing 23.8% of gross domestic product (GDP) at current prices, said the Department of Statistics Malaysia (DOSM).

Malaysia records RM433.2 bil total services trade in 2023 — DOSM

Copper fell to the lowest level in more than two months — extending a slide from an all-time high — with prices facing sustained pressure from unusually weak Chinese demand.

Copper deepens slump from record as traders eye demand in China

China said it will extend its visa-waiver programme to citizens from Australia, New Zealand and Poland in the latest sign of closer ties with the countries.

Travellers from the three nations will be able to enter China without a visa for as long as 15 days, China’s foreign ministry said in a statement.

China offers visa exemption to Australia, New Zealand and Poland

<p>Prolintas Infra Business Trust (KL:PLINTAS) fell on Wednesday, and was sharply below its initial public offering (IPO)&nbsp;price, after confirming the arrest of some of its directors by the anti-graft agency.</p>


Prolintas units fall in early trade after arrest of directors by MACC

<p>Shares in Astro Malaysia Holdings Bhd&nbsp;(KL:ASTRO) fell to their lowest in five weeks, as analysts flagged tougher days ahead, after the pay-television operator reported weaker-than-expected first-quarter results.</p>


Astro Malaysia shares fall to five-week low after 1Q results

<p>Shares in Nvidia surged nearly 7% on Tuesday, snapping out of a three-session tailspin that had erased about US$430 billion (RM2.02 trillion) from the artificial intelligence (AI) chipmaker's market value.</p>


Nvidia shares surge nearly 7%, bouncing after US$430b market slump

<p>Sapura Energy Bhd (KL:SAPNRG) has granted chairman Datuk Mohammad Azlan Abdullah leave of absence with immediate effect to allow the 56-year-old to focus on ongoing investigations by the Malaysian Anti-Corruption Commission (MACC) regarding a matter unrelated to the oil and gas engineering group.&nbsp;</p>


Sapura Energy grants chairman leave of absence amid unrelated MACC probe

<p>Felcra Bhd’s 14 subsidiaries have racked up total debt of RM1.21 billion, dragging on the cash-strapped state-owned company, said the Public Accounts Committee (PAC).</p>


Felcra's 14 subsidiaries in debt of RM1.21b — PAC

<p>KUALA LUMPUR (June 26): Shares of IOI Properties Group Bhd extended its decline to their lowest in seven weeks amid concerns of rising debt after the developer announced its chief executive has proposed the joint development of Shenton House in Singapore.</p>


IOI Properties’ high gearing may swell with Shenton House project; shares down though analysts stay bullish

<p>Asian stocks stuttered in choppy early trade on Wednesday, as&nbsp;markets&nbsp;braced for a key US&nbsp;inflation reading, while the yen lurked just shy of 160 per dollar level, keeping traders on alert for another round of intervention by Japanese authorities.</p>


Asian shares shaky as investors wary before US inflation data

<p>Well Chip Group Bhd — principally involved in the provision of pawnbroking services and the trading of jewellery and gold — aims to raise RM172.5 million from its initial public offering (IPO) exercise, ahead of its listing on the Main Market of Bursa Malaysia.</p>


Main Market-bound pawnbroker Well Chip aims to raise RM172.5m from IPO

<p>The implementation of the Visa Liberalisation Plan (PLV), the proposal to allow non-Bumiputera students to enrol at Universiti Teknologi Mara (UiTM), and the value of the ringgit are among key issues to be discussed in the Dewan Rakyat session on Wednesday.</p>


Visa liberalisation, UiTM enrolment, ringgit value in the spotlight on Wednesday

<p>Maybank Investment Bank (Maybank IB)&nbsp;has expanded its product offerings with the launch of its first structured warrants referencing the Hang Seng Index (HSI) futures contracts.</p>


Maybank IB issues four new structured warrants over Hang Seng Index futures

<p>Affluent Malaysians are making their money sweat. According to HSBC’s Affluent Investor Snapshot 2024, Malaysians are among the most invested in financial products compared with investors in 10 other markets.&nbsp;</p>


Making the money sweat

<p>Bank Negara Malaysia (BNM) may take supervisory actions and impose penalties for violations of regulatory provisions under its supervision, following recent incidents of online banking service&nbsp;outages.</p>


BNM may take supervisory actions, impose penalties for banking service outages, Dewan Rakyat told

<p>The outlook for China’s exports is set to improve, buttressing growth in the world’s second-biggest economy even as consumer spending slows, according to a <em>Bloomberg </em>survey of economists.</p>


Economists raise China growth forecasts as exports improve

<p>Britain is in a deep investment hole. Public expenditure is due to fall regardless of who wins next month’s election, while business spending is also at a low ebb. To dig the country out of its investment crisis, the party that wins national elections on July 4 has a range of options that could fudge counterproductive fiscal rules.</p>


UK investment crisis calls for taxes and U-turns

<p>OSK-SBI Venture Partners Ltd&nbsp;(OSK-SBI), a joint venture between OSK Ventures International Bhd (KL:OSKVI) and SBI Holdings&nbsp;Inc, has launched its second venture capital fund to invest in category-defining companies across Southeast Asia.</p>


OSK-SBI Venture Partners launches second fund and makes first investment

<p>KUALA LUMPUR (June 26): Google’s latest investment highlights Malaysia’s competitiveness, ease of doing business&nbsp;and growing importance as a regional hub for digital innovation, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.</p>


Zafrul: Google investment a testament to Malaysia’s current competitiveness

<p>E-commerce firm&nbsp;Shopee&nbsp;said on Wednesday it had agreed to make changes to its services in Indonesia, after the country's antitrust agency said the platform had admitted to violating anti-monopoly rules.</p>


<p>(June 26):&nbsp;Malaysia is in discussions with potential Chinese investors to build data centres in the Southeast Asian nation, as it seeks to attract more “high quality” investments, according to Economy Minister Rafizi Ramli.</p>


Rafizi: Malaysia taps Chinese investors to build more data centres — ​​​​​​​Bloomberg

<p>Hong Leong Investment Bank (HLIB) has maintained its 'hold'&nbsp;rating for Astro Malaysia Holdings Bhd (KL:ASTRO) at 34 sen, with a lower target price of 30 sen (from 31 sen), saying Astro chalked in a soft showing with core earnings of RM23.2 million for the first quarter ended April 30, 2024 (1QFY2025), down 17% quarter-on-quarter&nbsp;or 68% lower year-on-year, coming in below house (11%) and consensus (13%) expectations.</p>


HLIB trims target price for Astro to 30 sen, cuts FY2025-26 forecasts

<p>RHB Retail Research said MESB Bhd (KL:MESB) is posing a bullish setup after climbing above a key resistance.</p>

<p>In a trading stocks note on Wednesday, the research house said the counter had closed above the 58 sen resistance, confirming the bullish setup, while the 21-day simple moving average line was trending upwards.</p>
