<div class=newsTextDataWrapInner><p>KUALA LUMPUR (July 1): Nova Pharma Solutions Bhd (KL:NPS) has secured a contract from the National Institute of Biotechnology Malaysia (NIBM) to undertake equipment procurement and facility upgrade for NBIM’s national vaccine production development and enhancement programme.</p></div>

<div class=newsTextDataWrapInner><p>Nova Pharma, an engineering company specialising in pharmaceutical and biotechnology industries, said the project will take place at the Malaysia Genome &amp; Vaccine Institute, located within NIBM's premises in Kajang.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>The company did not state the value of the contract in its exchange filing, but said it intends to carry out the project via internally generated funds and bank borrowings.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>“The project will not have any effect on the share capital and shareholding structure of the company. The project is expected to contribute positively to earnings and net assets per share of Nova Pharma from the financial year ending Dec 31, 2024, until the completion of the project,” it added.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>Nova Pharma' shares last traded at 22.5 sen on March 25, giving the company a market capitalisation of RM33.53 million.</p></div>


Nova Pharma Solutions Bhd (KL:NPS) has secured a contract from the National Institute of Biotechnology Malaysia (NIBM) to undertake equipment procurement and facility upgrade  for NBIM’s national vaccine production development and enhancement programme.

Nova Pharma secures contract from National Institute of Biotechnology

Shares of Petronas Chemicals Group Bhd (KL:PCHEM) fell to their lowest in four and a half years after dropping 44 sen or 8.04% to close at RM5.03 on Tuesday, a level last seen in April 2020, as expectations mount that the group would be posting weaker results.

PetChem shares dive to lowest in over four years as expectations for weaker earnings mount

The Ministry of Housing and Local Government stated that all housing programme initiatives, as well as the drafting of housing-related laws and regulations, are neutral and do not marginalise or discriminate against any race or religion.

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A budding alliance between Russia and North Korea is handing Chinese President Xi Jinping another problem as Beijing comes under growing international pressure to rein in two of its closest diplomatic partners.

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Elon Musk's SpaceX asked Taiwanese suppliers to transfer manufacturing off the island, leading to some relocating portions of their supply chain, according to sources employed by and close to the equipment makers and corporate documents.

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The region of Valencia is asking Spain’s central government for rescue funds to help with rebuilding, after floods last week destroyed homes and left more than 200 dead.

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Britain's services sector lost momentum in the run-up to the new government's first budget in October, with business activity growing at the weakest rate in 11 months and the first fall in employment since December, a survey showed on Tuesday.

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(Nov 5): Chinese property developer Sunac China Holdings Ltd is looking to cut its yuan-denominated bonds by more than half under a proposed onshore restructuring plan, according to people familiar with the matter.

Sunac China debt plan aims to halve its US$2b pile of local bonds — Bloomberg

Boeing's US West Coast factory workers accepted a new contract offer on Monday, ending a bitter seven-week strike that halted most jet production and deepened a financial crisis at the troubled planemaker.

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French supermarket retailer Auchan is planning to cut more than 2,000 jobs, the company said on Tuesday.

French supermarket group Auchan planning to cut more than 2,000 jobs

<p>KUALA LUMPUR (Nov 5): The Road Transport Department (RTD) and the Transport Ministry have been issued a letter of demand (LOD) over alleged copyright infringement in relation to the special “MADANI” vehicle number plates.</p>


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<p>WHILE equity analysts are mixed on the possible outcome of the much-anticipated US presidential election on Tuesday (Nov 5), they observe that investors are taking a wait-and-see approach since a Democratic or Republican victory will have a different impact on market sentiments and performance.</p>


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<p>The High Court here has ordered an automotive trader of parts and lubricants to pay RM516,777 to Perodua Otomobil Kedua Sdn Bhd and Perodua Sales Sdn Bhd for selling counterfeit Perodua lubricants bearing Perodua trademarks.</p>


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<p>KUALA LUMPUR (Nov 5): Palm oil prices will strengthen in 2025, as tight supply of edible oil boosts earnings of Malaysian planters, AmInvestment Bank said in recommending that investors add exposure to the sector.</p>


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<p>Maybank Investment Bank has warned Asean investors of potential economic turbulence and a surge in trade tensions, amid anticipation of more import tariff hikes&nbsp;if Donald Trump wins a second term as the US president.</p>


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<p>The top 15% (T15) income group to be excluded from the proposed targeted RON95 petrol subsidy will not be solely defined by the Household Income Survey, said Finance Minister II Datuk Seri Amir Hamzah Azizan.</p>


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<p>Logistics service firm Xin Hwa Holdings Bhd (KL:XINHWA) said on Tuesday its cargo transport unit’s licence to transport goods has been suspended by authorities, which it expects to adversely impact its operations.</p>


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<p>KUALA LUMPUR (Nov 5): Malaysia aims to attract both affluent locals and foreigners having assets under management (AUM) between RM500 million and RM1.2 billion to establish their family offices in the country over the next five years.</p>


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<p>THE Genting group seems to have been dealt several bad hands in North America this year.</p>

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<p>The liquidator of Semantan Estate (1952) Sdn Bhd, the firm embroiled in the ‘Duta Enclave’ dispute, is appealing against the High Court’s decision on Sept 12&nbsp;to allow a stay to the Federal Territory Land Registrar of having to register the transfer of ownership from the Malaysian government to the company within three months of its Aug 7 decision.</p>


Semantan Estate liquidator also appealing stay granted to FT Land Registrar

<p>Malaysia's rubber glove export is expected to climb 16% to a new record of RM13.7 billion in 2024, following the historic high of RM11.8 billion achieved in 2023, said Deputy Plantation and Commodities Minister Datuk Chan Foong Hin.</p>


Malaysia's rubber glove exports to hit new record high this year, says Plantation Ministry

<p>Stocks were steady on Tuesday but implied volatility ratcheted up in currency markets in an early indication of the market frenzy to come, as the world awaits the outcome of a knife-edge US election.</p>


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<p>IHH Healthcare Bhd (KL:IHH) has completed the acquisition of Island Hospital, a 600-bed facility in Penang, for an equity consideration of approximately RM3.9 billion.</p>


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<p>ON Tuesday, Nov 5, Americans will go to the polls to elect their 47th president. Incumbent Joe Biden’s four-year term of office ends at noon on Jan 20 next year, when a new president will be sworn in. Since mid-July when Biden, 82, announced that he would not seek re-election, the race has litera...

Who will win the US election and should you care?

<p>KUALA LUMPUR (Nov 5): The method for determining the T15 group, the search efforts for flight MH370 and measures taken by&nbsp;the government&nbsp;to address delays in&nbsp;flood mitigation projects&nbsp;will be&nbsp;among highlights of Tuesday’s&nbsp;Dewan Rakyat sitting.</p>


MH370 search efforts, T15 determination method among highlights of Parliament on Tuesday

<p>Boeing's US West Coast factory workers accepted a new contract offer on Monday, ending a bitter seven-week strike that halted most jet production and deepened a financial crisis at the troubled planemaker.</p>


<p>KUALA LUMPUR (Nov 5): Shares of Dayang Enterprise Holdings Bhd (KL:DAYANG) rose on Tuesday after bagging a contract, and analysts say the win reinforced their view that the oil-and-gas services firm would be in line for more jobs.</p>


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<p>SHANGHAI (Nov 5): The principle of the policy of shared future is well received by countries in Asia, Africa, Latin America and the Global South, and that is precisely the reason why Malaysia agreed to participate in BRICS (Brazil, Russia, India, China, and South Africa), Malaysia’s Prime Minister Datuk Sri Anwar Ibrahim said on Tuesday.</p>


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<p>Construction firm Aneka Jaringan Holdings Bhd (KL:ANEKA) has secured a RM39 million contract to undertake earthwork, piling, pile caps and contiguous bored piling works in Jalan Pantai Sentral, Kuala Lumpur.</p>


Aneka Jaringan secures RM39 mil construction contract in Kuala Lumpur

<p>(Nov 5):&nbsp;Standard Chartered Plc is going to use Wise Plc’s payments platform to offer multi-currency money transfers in Asia and the Middle East.</p>
