<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Aug 20): Willowglen MSC Bhd (KL:<a href="/askedge/klse/0008" class="ce-stock" target="_blank">WILLOW</a>) said on Tuesday that it has secured a contract worth approximately RM42.84 million from the Ministry of Education in Singapore for the design, supply and installation of security systems.</p></div>

<div class=newsTextDataWrapInner><p>In a Bursa Malaysia filing, the computer-based control systems supplier said the contract was awarded to its wholly owned subsidiary Willowglen Services Pte Ltd</p></div>

<div class=newsTextDataWrapInner><p>The contract, which will commence on Aug 29 this year, will be completed by Feb 28, 2026.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>"The contract is expected to contribute positively to the group's earnings and net assets per share for the financial years ending Dec 31, 2024 to 2025.</p></div>

<div class=newsTextDataWrapInner><p>"The contract is not renewable and the risks in respect of the contract are the normal business risks," said the company.</p></div>

<div class=newsTextDataWrapInner><p>Shares in Willowglen closed unchanged at 32.5 sen, giving it a market capitalisation of RM161.2 million.</p></div>


Willowglen MSC Bhd (KL:WILLOW) said on Tuesday that it has secured a contract worth approximately RM42.84 million from the Ministry of Education in Singapore for the design, supply and installation of security systems.

Willowglen MSC secures RM42.8 mil contract to supply security systems to Singapore's Education Ministry 

Mpire Global Bhd (KL:MPIRE) announced plans to raise capital through a proposed rights issue.

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Nvidia on Monday showed a new artificial intelligence model for generating music and audio that can modify voices and generate novel sounds — technology aimed at the producers of music, films and video games.

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ITMAX System Bhd (KL:ITMAX) reported a 35.6% jump in its net profit for the quarter ended Sept 30, 2024 (3QFY2024), as its revenue climbed 48.54% year-on-year.

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Hong Leong Industries Bhd (KL:HLIND) said its net profit rose 60.3% to RM140.56 million in the first quarter ended Sept 30, 2024 (1QFY2025), from RM87.67 million a year ago, mainly driven by higher motorcycle sales and a RM12.6 million gain from a land disposal.

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Solarvest Holdings Bhd (KL:SLVEST) posted a 28.1% rise in net profit to RM9.2 million for its second quarter ended Sept 30, 2024 (2QFY2025), from RM7.2 million a year earlier, driven by improved margins from its commercial and industrial segment, supported by a reduction in solar panel costs.

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Macy’s Inc said it would delay its third-quarter earnings release after an investigation revealed an employee hid more than US$100 million (RM445.9 million) of expenses.

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Any allegations or attempts to discredit the success of Prime Minister Datuk Seri Anwar Ibrahim’s official visits to four countries recently are deemed irresponsible.

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<p>EXPECTATIONS have built up on the Employees Provident Fund (EPF) to not only beat last year’s payout but also declare a dividend of close to 6% for 2024. This follows three successive double-digit year-on-year percentage headline outperformance indicated in all three quarterly income reports rele...

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<p>The sharp rebuke that the Gambling Regulatory Authority (GRA) of Singapore delivered to Resorts World Sentosa Pte Ltd (RWS) for an “unsatisfactory performance” in relation to its integrated resort (IR) comes as a surprise, considering that RWS has committed to investing billions in its facility there.</p>


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<p>IJM Corporation Bhd (KL:IJM) may acquire a 50% stake in financially troubled UK-based construction firm JRL Group, according to multiple news reports.</p>


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<p>The Indonesian sister company of Mr DIY Group (M) Bhd (KL:MRDIY) will list shares in Jakarta through an initial public offering (IPO) that seeks to raise as much as 4.7 trillion rupiah (US$297 million or RM1.32 billion), in what would be the nation’s biggest listing in more than a year.</p>


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<p>Ambulatory eyecare centre TopVision Eye Specialist Bhd (KL:TOPVISN) aims to raise RM17.89 million with its initial public offering (IPO) at 33 sen per share, in conjunction with its transfer from the LEAP Market to the ACE Market of Bursa Malaysia.</p>


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<p>SARAWAK is expected to announce by the end of the month plans for the development of a deep-sea port with liquefied natural gas (LNG) facilities. The port is estimated to cost between RM25 billion and RM30 billion and will be located off the coast of Kuching.&nbsp;</p>

<p>Currently, details ab...

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<p>CGS International expects Affin Bank Bhd's (KL:AFFIN) net profit for the fourth quarter ending Dec 31, 2024 (4QFY2024) to come in lower on a quarterly basis, as it does not expect the bank to see a high write-back in loan loss provision.</p>


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<p>The federal government may consider "other proposals" after facing pushback from highway concessionaires on the implementation of the multi-lane free flow (MLFF) system.</p>


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<p>The High Court on Monday dismissed former prime minister Datuk Seri Najib Razak's application to "permanently stay" the criminal trial regarding International Petroleum Investment Co (IPIC).</p>


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<p>Gamuda Bhd (KL:GAMUDA), whose share price has more than doubled year-to-date (YTD), is among companies analysts are expect to be included in the FTSE Bursa Malaysia KLCI following the index’s semi-annual review.</p>


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<p>Local institutions were the primary supporters of Bursa Malaysia for the fifth consecutive week, recording a net inflow of RM250.6 million last week, up from RM207.7 million in the previous week.</p>

<p>In its fund flow report for the week ending Nov 22, MIDF Amanah Investment Bank Bhd (MIDF) noted that while there was a net outflow of RM19.6 million from local institutions on Tuesday, the inflows on other days of the week more than offset this decline.</p>


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<p>The submission of the Real Property Gains Tax (RPGT) Form electronically via e-CKHT on the MyTax portal will be mandatory starting Jan 1, 2025.</p>


Submission of real property gains tax form must be made via e-CKHT on MyTax portal from January 2025 — IRB

<p>Shares of Mi Technovation Bhd (KL:MI) extended their rally into the third straight day on Monday, after the semiconductor company reported better-than-expected results.</p>


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<p>PUTRAJAYA (Nov 25): The Court of Appeal (COA) here on Monday allowed the liquidator of Crest Worldwide Resources Sdn Bhd to adduce fresh evidence in SKN Land &amp; Development Sdn Bhd’s (SKN L&amp;D) appeal against the High Court’s decision to dismiss an application to terminate Crest’s winding-u...

COA allows admission of RM525m property sale evidence in Crest winding-up termination appeal

<p>Malaysia's hiring outlook continues to see some mismatch in benefits expectations between organisations and professionals going into 2025, which forms roadblocks for&nbsp;organisations looking for the right talent, a survey showed.&nbsp;</p>


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<p>Malaysia must strengthen its collaboration&nbsp;with other countries to mitigate the risks posed by a fragmented global supply chain, especially amid escalating US-China trade tensions, following Donald Trump’s return to the US presidency, Deputy Investment, Trade and Industry Minister Liew Chin Tong said on Monday.</p>


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<p>TMK Chemical Bhd, set to list on Bursa Malaysia's Main Market in December,&nbsp;plans to double its annual manufacturing capacity, with its second plant funded by the initial public offering (IPO) proceeds.</p>


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<p>Parties will submit further on Wednesday (Nov 27) on whether former prime minister Datuk Seri Najib Razak and former Treasury secretary general Tan Sri Mohd Irwan Serigar Abdullah should be granted a discharge not amounting to an acquittal (DNAA) in their criminal trial regarding International Petroleum Investment Co (IPIC).</p>


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<p>Hyundai Motor will open its first plant in Malaysia next year with an investment valued at RM2.16 billion.</p>

<p>Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz said it will be the South Korean automaker’s largest investment in Malaysia and provide many job opportunities.</p>
