<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Oct 30): Haily Group Berhad (KL:<a href="/askedge/klse/0237" class="ce-stock" target="_blank">HAILY</a>) has secured a contract worth RM65 million for the construction and completion of a housing project in Tebrau, Johor.</p></div>

<div class=newsTextDataWrapInner><p>This comprises 206 units of double-storey terrace houses and one power substation. &nbsp;</p></div>

<div class=newsTextDataWrapInner><p>The contract was secured through its wholly-owned subsidiary Haily Construction Sdn Bhd on Wednesday, which had accepted the Letter of Award for the project from Akipro Architect Sdn Bhd, on behalf of Austin Senibong Development Sdn Bhd.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Under said contract, the 206 units of double storey terrace houses are expected to be completed by Feb 1, 2025, Haily said.</p></div>

<div class=newsTextDataWrapInner><p>This is the eighth housing construction project in Johor won by Haily this year in Johor Bahru, Kulai, Pulai, Kempas Baru and Pontian, and its ninth contract win for the company in the same period.</p></div>

<div class=newsTextDataWrapInner><p>It is also its third contract from Austin Senibong, the first being a RM40.67 million contract to build three-storey shop offices won in December 2021; and another contract to build 220 double-storey terrace houses and one power substation for RM60 million, won in April this year.</p></div>

<div class=newsTextDataWrapInner><p>At the time of writing, Haily’s shares were unchanged at 23.5 sen with a market capitalisation of RM92 million.</p></div>


Haily Group Berhad (KL:HAILY) has secured a contract worth RM65 million for the construction and completion of a housing project in Tebrau, Johor.

This comprises 206 units of double-storey terrace houses and one power substation.

Haily bags RM65 mil housing construction job in Johor

Oil company Petron Malaysia Refining & Marketing Bhd (KL:PETRONM) suffered a 94.3% drop in its third-quarter net profit, on lower sales volume due to a correction in domestic fuel demand following the implementation of the retail diesel targeted subsidy in June this year.

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Globetronics Technology Bhd (KL:GTRONIC) has inked an agreement valued at RM145 million to provide integrated circuit (IC) product packaging, testing and backend services to Taiwan-based ChipMOS Technologies Inc.

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AEON Co (M) Bhd (KL:AEON), a general merchandise store and supermarket chain operator, saw its net profit rise 35.4% to RM18.79 million in the third quarter ended Sept 30, 2024 (3QFY2024) from RM13.88 million a year earlier on higher revenue.

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<p>Petronas Chemicals Group Bhd (KL:PCHEM) may be in for tougher days ahead following a massive paper loss that sent the company into the red for the first time ever and prompted analysts to cut their forecasts.</p>


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<p>KUALA LUMPUR (Nov 21): Shares of RCE Capital Bhd (KL:RCECAP) fell on Thursday after the company, which mainly provides financing to civil servants, reported weaker than expected quarterly results.</p>


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<p>Nvidia forecast its slowest revenue growth in seven quarters on Wednesday, failing to meet lofty expectations of some investors who have made it the world's most valuable firm.</p>


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<p>Starbucks Corp reduced its US retail workforce by 8% in its most recent fiscal year, even as the coffee chain added hundreds of new locations.&nbsp;</p>


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<p>IOI Properties Group Bhd (KL:IOIPG) has officially relaunched the Putrajaya Marriott Hotel in IOI Resort City last week after completing a RM100 million renovation.</p>

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<p>China's Huawei plans to start mass-producing its most advanced artificial intelligence chip in the first quarter of 2025, even as it struggles to make enough chips due to US restrictions, said two people familiar with the matter.</p>


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<p>PARAMARIBO (Nov 20): Suriname's state-run oil company Staatsolie said on Wednesday that US oil giant ExxonMobil has withdrawn from its offshore block 52, and block operator Petronas Suriname E&amp;P will take over its 50% stake.</p>


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<p>Shares of Adani Group companies lost about US$28 billion (RM125.3 billion) in market value in morning trade on Thursday after US prosecutors charged the billionaire chairman of the Indian conglomerate in an alleged bribery and fraud scheme.</p>


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<p>Northern Solar Holdings Bhd has signed an underwriting agreement with M&amp;A Securities Sdn Bhd for its proposed initial public offering (IPO) on the ACE Market of Bursa Malaysia.</p>

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<p>All in all, the listing would offer investors up to a 26% stake in the company.</p>


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<p>The Biden administration told Congress it plans to cancel US$4.65 billion (RM20.8 billion) in debt owed by Ukraine, according to a letter obtained by <em>Bloomberg</em> News, the latest in a series of moves meant to bolster support for Kyiv before President-elect Donald Trump takes office.</p>


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<p>Bitcoin hit US$95,000 (RM425,030) for the first time as the digital-asset sector moves to cement its influence with Donald Trump by pushing for a new White House post dedicated to cryptocurrency policy.</p>


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<p>KUALA LUMPUR (Nov 21): Analysts have raised their earnings forecasts and target prices on Hap Seng Plantations Holdings Bhd (KL:HSPLANT), after the plantation group outperformed market expectations in its latest quarterly results.</p>


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