<div class=newsTextDataWrapInner><p>KUALA LUMPUR (April 25): UEM Edgenta Bhd has won contracts valued at S$220.48 million (RM735.23 million) from ALPS Pte Ltd to provide hospital support services in Singapore.</p></div>

<div class=newsTextDataWrapInner><p>In a filing on Friday, UEM Edgenta announced that its subsidiary, UEMS Solutions Pte Ltd, has secured contracts lasting between 32 months and five years, starting May 1, 2025.</p></div>

<div class=newsTextDataWrapInner><p>The contracts are anticipated to have a positive impact on UEM Edgenta’s earnings and net assets per share for the financial year ending Dec 31, 2025 (FY2025).</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>For the financial year ended Dec 31, 2024 (FY2024), the company’s net profit jumped 66.34% to RM51.75 million from RM31.11 million in FY2023. Revenue rose 5.86% to RM3.05 billion, compared to RM2.88 billion previously. Earnings per share increased to 6.22 sen, up from 3.74 sen a year earlier.</p></div>

<div class=newsTextDataWrapInner><p>UEM Edgenta, a UEM Group subsidiary, provides asset management and infrastructure solutions, including healthcare support, property and facilities management, expressway and rail maintenance, and project management and engineering design through Opus Consultants.</p></div>

<div class=newsTextDataWrapInner><p>Shares of UEM Edgenta closed flat at 74.5 sen on Friday, valuing the company at RM619.6 million. The counter has declined 8.02% this year.</p></div>


UEM Edgenta Bhd has won contracts valued at S$220.48 million (RM735.23 million) from ALPS Pte Ltd to provide hospital support services in Singapore.

UEM Edgenta secures RM735m in contracts to provide hospital services in Singapore

The proposed membership of the Parliamentary Service Council will be considered at a committee meeting on Oct 13, marking the next step in establishing the body tasked with overseeing the newly restored Parliamentary Service.

Membership for Parliamentary Service Council to be considered on Oct 13 — Azalina

The UK is preparing to impose import levies on Chinese electric vehicles to meet a key demand from the European Union, the Times of London reported, in a blow to a group that now accounts for nearly one in four cars sold in the country.

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Construction and property conglomerate IJM Corporation Bhd (KL:IJM) has appointed non-executive chairman of KPMG Malaysia Datuk Johan Idris as its independent non-executive director and chairman, effective Monday.

Johan, who previously served as KPMG Malaysia's managing partner and country senior partner, succeeds long-serving chairman Tan Sri Krishnan Tan following his retirement.

IJM appoints Johan Idris as new chairman

Shares of HDFC Bank gave up early gains to close lower on Monday as investors weighed the impact of Anup Bagchi's appointment as CEO at India's biggest private lender.

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The government has been urged to establish a sustainable financing mechanism, including a health insurance scheme, to reduce the financial burden on the national healthcare system arising from the use of public healthcare facilities by refugees and foreign nationals.

Govt urged to create financing mechanism for refugees, foreigners using public healthcare

Zetrix AI Bhd (KL:ZETRIX) fell to its lowest in 13 years after the Ministry of Transport revealed that the digital services company owed the government some RM314 million.

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The government is reviewing and considering a proposal to impose caning as an additional punishment for specific offences involving the misuse of mule accounts.

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Perikatan Nasional on Monday filed a legal challenge against its suspension and potential deregistration by the Registrar of Societies (RoS), and is seeking an expedited hearing to resolve the matter before the Melaka election.

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BT Group plc bought TalkTalk and PlatformX Communications Ltd out of administration, preventing the collapse of a UK broadband provider that is also a major customer.

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<p>PUTRAJAYA (Oct 5): Zetrix AI Bhd (KL:ZETRIX) owes the Road Transport Department some RM314 million as it failed to remit collections from May to September this year.</p>


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<p>KUALA LUMPUR (Oct 5): Zetrix AI Bhd (KL:ZETRIX) said it is in talks to resolve Road Transport Department services suspension.</p>


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<p>As tourists step off the pier on Thailand’s Koh Phangan island, they’re greeted by a sales pitch tailored to outsiders — billboards touting luxury beachfront plots or clifftop villas as high-yield investments, a message repeated along the palm-fringed roads winding up into the hills.</p>


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<p>Zetrix AI Bhd (KL:ZETRIX) fell to its lowest in 13 years after the Ministry of Transport revealed that the digital services company owed the government some RM314 million.</p>


<p>Shares of Singapore Exchange Ltd slipped on Monday, extending a slump that’s erased about US$4.2 billion (RM17.1 billion) in market value since an August peak on rising concern over lofty valuations.</p>


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<p>The Road Transport Department, also known as JPJ, is able to provide services without the use of middlemen such as collection agents, Transport Minister Anthony Loke said.</p>


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<p>KUALA LUMPUR (Oct 5): Malaysia could widen its corporate tax base by reviewing special and double deductions that have been in place for two to three decades, and remove deductions that no longer serve their original purpose, said CIMB Investment Bank.</p>


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<p>The auditor general has cleared the federal government's financial statements for 2025, issuing an unmodified opinion with "other matters" paragraphs.&nbsp;</p>


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<p>The federal government received RM39.55 billion in dividends from its investments in 2025, up by 1.4% from RM39.01 billion a year earlier, as higher payouts from Bank Negara Malaysia (BNM) and Khazanah Nasional Bhd outweighed lower receipts from other entities.</p>


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<p>AkzoNobel said on Monday it has agreed to sell its Southeast Asian decorative paints business to Nippon Paint for US$1.35 billion (RM5.5 billion), completing a review of its Asian decorative paints portfolio.</p>


AkzoNobel to sell Southeast Asia paints business to Nippon Paint for US$1.35b

<p>eJamin, an online bail payment system operated by Pertama Digital Bhd (KL:PERTAMA), ran for five years without a formal contract, the Public Accounts Committee found.</p>


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<p>SEREMBAN (Oct 4): The Negeri Sembilan Dewan Keadilan dan Undang (DKU) has once again reaffirmed that Tuanku Muhriz Tuanku Munawir remains the Yang di-Pertuan Besar of Negeri Sembilan.</p>


DKU reaffirms Tuanku Muhriz remains Yang di-Pertuan Besar of Negeri Sembilan

<p>It has been a couple of months since Bank Negara Malaysia rolled out its MediAsas pilot programme, previously called the Base MHIT (medical and health insurance/takaful) Plan. The pilot — involving staff of selected statutory bodies, government-linked companies, and small and medium enterprises, six of the largest insurers and takaful operators in the country as well as 10 preferred in-network hospitals in the Klang Valley — began at end-July and will end this month. Nationwide launch is slated for January 2027.</p>


Tong's Portfolio - Fixing medical cost inflation: Change the rules, change the behaviour

<p>KUALA LUMPUR (Oct 5): The first phase of Pan Borneo Highway Sabah’s (LPB Sabah Project Phase 1) project costs increased by RM1.05 billion, or 6%, as the project remains incomplete after a decade, according to the Auditor General's report released on Monday.</p>


Pan Borneo Sabah Phase 1 costs escalate by over RM1 bil, remains incomplete after a decade — AG's report

<p>Privately held Supermax Holdings Sdn Bhd, which holds 40.3% in glove manufacturer, Supermax Corp Bhd (KL:SUPERMX), is no ordinary company.</p>

<p>It has assets in the form of fixed deposits and holds the controlling block of shares in Supermax, which has manufacturing plants in Malaysia and th...

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<p>Southeast Asia plus China, Japan and South Korea are more at risk than most economies to any potential collapse in the artificial-intelligence boom, which could trigger shocks across financial markets and the real economy.</p>


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<p>KUALA LUMPUR (Oct 5): The federal government's subsidy spending fell 40.1% to RM23.43 billion in 2025 from RM39.10 billion a year earlier, mainly because of a drop in petroleum subsidies, according to the latest Auditor General’s report released on Monday.&nbsp;</p>


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<p>In a U-turn, IOI Properties Group Bhd (KL:IOIPG) has decided to acquire Shenton 101 Pte Ltd, the owner of Shenton House in Singapore, from its group CEO and major shareholder Datuk Lee Yeow Seng for a nominal S$1. The move reverses the board of directors’ decision in August 2024 to reject the acq...

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<p>KUALA LUMPUR (Oct 5): Malaysia’s littoral combat ship project faces another delay as its contractor proposed to push the first vessel’s handover to April 2027.</p>
