<div class=newsTextDataWrapInner><p>KUALA LUMPUR (July 3): Construction outfit Jati Tinggi Group Bhd (KL:JTGROUP) said it has secured a RM20.05 million contract to undertake the installation of 33kV underground cables in the southern region of Peninsular Malaysia.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>The two-year contract, awarded by Worktime Engineering Sdn Bhd, is set to commence on July 25, said Jati Tinggi in a bourse filing on Wednesday.</p></div>

<div class=newsTextDataWrapInner><p>Jati Tinggi had on March 6 secured a similar contract, worth RM22.06 million, from Worktime Engineering to lay underground cables for data centres in the same region.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Shares in the company have surged by over 119.64% year to date, and reached a record high of 73.5 sen on June 12, tracking the gains from its recent achievement of securing a RM25.55 million contract from Tenaga Nasional Bhd (KL:TENAGA).</p></div>

<div class=newsTextDataWrapInner><p>Jati Tinggi closed one sen or 1.65% higher at 61.5 sen on Wednesday, giving it a market capitasation of RM240.96 million.</p></div>

<div class=newsTextDataWrapInner><p><em>Read also:<br />
<a href="https://theedgemalaysia.com/node/703697" target="_blank">Jati Tinggi secures RM22 mil data centre underground cable job</a></em><br />
&nbsp;</p></div>


Construction outfit Jati Tinggi Group Bhd (KL:JTGROUP) said it has secured a RM20.05 million contract to undertake the installation of 33kV underground cables in the southern region of Peninsular Malaysia.

Jati Tinggi secures RM20m underground cable job

US-based Enovix Corporation, which on Thursday inaugurated its first high-volume battery manufacturing facility (Fab2) in Malaysia, plans to invest a total of US$1.2 billion (RM5.8 billion) in the country over the next 15 years.

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KULIM (Aug 8): Prime Minister Datuk Seri Anwar Ibrahim held a Budget 2025 engagement session with the electrical and electronics (E&E) industry players at the SilTerra Malaysia plant here on Thursday, to get feedback from industry stakeholders.

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British police said there was nothing to indicate that a planned attack on a Taylor Swift concert in Vienna would have an impact on her shows at Wembley Stadium, London, next week.

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Petroliam Nasional Bhd (Petronas) is assessing the feasibility of an integrated development strategy for gas and oil extraction within offshore Block 52 in Suriname.

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KUALA LUMPUR (Aug 8): A well-designed carbon market should offer an available and scalable solution for the world to take immediate action with integrity and impact, said Bursa Malaysia Bhd (KL:BURSA) chairman Tan Sri Abdul Wahid Omar on Thursday.

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KUALA LUMPUR (Aug 8): The trial of Muhammad Faisal Hamzah, a former minister’s son and freelance consultant facing a charge of accepting RM100,000 in bribes, will be heard before a new Sessions Court judge.

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ATA IMS Bhd (KL:ATAIMS) said it has teamed up with Shanghai-listed Jinhua Chunguang Technology Co Ltd (Chunguang) to venture into the household and electrical appliances sector.

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British Airways (BA) will suspend flights between London and Beijing starting Oct 26, the latest airline to pull services to China amid continued Russian airspace closure and weaker demand.

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Like thousands of Nigerians and millions of others across the developing world, higher fuel costs have irked Antonia Arosanwo.

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<p>Intel was sued on Wednesday by shareholders who said the Silicon Valley chipmaker fraudulently concealed problems that led it to post weak results, slash jobs and suspend its dividend, and caused its market value to sink more than US$32 billion (RM143.3 billion) in a single day.</p>


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<p>Malaysia’s six main government-linked investment companies (GLICs) have together pledged RM120 billion in direct domestic investmensts over the next five years under a programme led by the Finance Ministry.</p>


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<p>Enterprise software firm Vetece Holdings Bhd on Thursday launched its initial public offering (IPO) on the ACE Market which would raise RM34.3 million.</p>


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<p>JPMorgan Chase &amp; Co&nbsp;now sees a 35% chance that the US economy tips into a recession by the end of this year, up from 25% as of the start of last month.</p>


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<p>The FBM KLCI rebounded and was slightly higher at midday, thanks to gains in telecommunications and industrial stocks.</p>


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<p>Engineering services firm 3Ren Bhd said on Thursday it has received Bursa Malaysia's approval to list on the ACE Market.</p>


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<p>Tesla Inc's reported decision to scrap plans for its production operations in Southeast Asia could be a commercial one involving the electric carmaker's global operations, said the Investment, Trade and Industry Ministry (Miti).</p>


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<p>The People’s Bank of China is potentially getting the respite it’s been hoping for from global financial markets, bringing closer a dose of monetary stimulus long awaited by investors and traders.</p>


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<p>South Korean prosecutors have indicted Kakao Corp&nbsp;founder Brian Kim on charges of stock manipulation, kicking off a watershed case that’s transfixed South Korea’s young internet industry.</p>


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<p>S P Setia Bhd (KL:SPSETIA) has announced the completion of its land disposal, involving 500 acres of freehold land in Glengowrie, Semenyih, to three of Mah Sing Group Bhd’s (KL:MAHSING) wholly-owned subsidiaries for RM392 million in cash, in a press statement issued on Aug 5.</p>


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<p>The Malaysian ringgit and Indonesia's rupiah led gains in Asian currencies on Thursday, while most equity markets in the region were tepid as a rebound rally fizzled out, with Taiwan and South Korea falling the most due to a tech sell-off.</p>


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<p>KUCHING (Aug 8): Malaysia’s effort&nbsp;to license social media platforms have attracted the attention of several countries that have expressed interest in following the move, said Communications Minister Fahmi Fadzil.</p>


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<p>KUALA LUMPUR (Aug 8): Former finance minister Tun Daim Zainuddin has requested the Malaysian Anti Corruption Commission (MACC)&nbsp;to produce the report that had been filed against him, which led to his asset declaration case, to help in his defence.&nbsp;</p>


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<p>Prime Minister Datuk Seri Anwar Ibrahim said the opening of Infineon Technologies’ 200-milimetre silicon carbide power semiconductor fabrication plant here marks a significant milestone for Kedah and Malaysia.</p>


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<p>SARAWAK premier Tan Sri Abang Johari Tun Openg is a man in a hurry to get things done for his state, but he can be patient — when it is necessary.</p>

<p>Abang Johari is at Affin Bank Bhd’s headquarters in Kuala Lumpur when The Edge meets him for this interview on July 19. Backed by a sizeable...

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<p>Liu Yi is among China's seven&nbsp;million ride-hailing drivers. A 36-year-old Wuhan resident, he started driving part-time this year when construction work slowed in the face of a nationwide glut of unsold apartments.</p>
