<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Jan 30): Steel Hawk Bhd's (KL:<a href="/askedge/klse/0320" class="ce-stock" target="_blank">HAWK</a>) unit has secured RM41.34 million sub-contracts involving electrical infrastructure works for Tenaga Nasional Bhd (KL:<a href="/askedge/klse/5347" class="ce-stock" target="_blank">TENAGA</a>).</p></div>

<div class=newsTextDataWrapInner><p>In a filing with Bursa Malaysia, its wholly-owned subsidiary Steel Hawk Engineering Sdn Bhd has received the letters of award for a total of four subcontracts from Ibrahim &amp; Sons Engineering Sdn Bhd.</p></div>

<div class=newsTextDataWrapInner><p>The contracts involve underground cabling, substations construction and upgrading works, among others.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>"The contracts are expected to contribute positively to the earnings of Steel Hawk Group for the FY Dec 31, 2026," the filing read.</p></div>

<div class=newsTextDataWrapInner><p>At noon break, Steel Hawk shares were unchanged at 25 sen, valuing the group at RM122 million.</p></div>


Steel Hawk Bhd's (KL:HAWK) unit has secured RM41.34 million sub-contracts involving electrical infrastructure works for Tenaga Nasional Bhd (KL: TENAGA).

Steel Hawk bags RM41.34 mil electrical infrastructure works for Tenaga

Technology shares got a boost from a resurgence of optimism over AI on Tuesday, while the broader equity market struggled to make much headway as oil rose back above US$100 a barrel and bond yields headed higher once more.

Tech stocks rise on renewed AI fever; higher oil, bond yields temper rally

US President Donald Trump is due to meet with leaders of Greenland and Denmark on Tuesday to sign a deal that will allow a larger US military presence on Greenland and could end a stand-off over the strategically located and mineral-rich island.

Trump, Denmark, Greenland set to sign deal in bid to end Arctic stand-off

The Sabah and Sarawak Affairs Division (BHESS) of the Prime Minister's Department has initiated engagement with the Election Commission (EC) to discuss the direction and implementation mechanism for the proposal to increase the number of members of Parliament (MPs) from Sabah and Sarawak.

Minister says in talks with EC over bigger share of parliamentary seats for Sabah, Sarawak

Thailand’s Cabinet approved draft legislation to tighten control of its sprawling cannabis industry, accelerating a reversal of the decriminalisation policy championed by Prime Minister Anutin Charnvirakul four years ago.

Thailand moves to rein in cannabis industry that Anutin unleashed

LONDON (Sept 22): Oil prices gained on Tuesday after declining for four consecutive sessions as investors awaited developments on potential US-Iran talks at the United Nations General Assembly this week after more supplies emerged through the Strait of Hormuz over the weekend.

Oil prices climb ahead of potential US-Iran talks

When the Securities Commission (SC) announced in September 2026 that mandatory sustainability assurance would be deferred to 2028, it highlighted a difficult reality. Malaysia's largest listed companies still have work to do before their sustainability data is ready for independent verification. The one-year delay for Groups 1, 2 and 3 entities (classified by size, listing status and financial thresholds) highlights the gap between the ambition of Malaysia's sustainability reporting framework and the readiness of corporate reporting systems. That gap did not appear overnight.

Opinion: Building trust in sustainability reporting

ANKARA (Sept 22): A student opened fire in front of their high school in Türkiye's western province of Manisa on Tuesday, wounding at least eight other pupils, broadcaster NTV reported.

Student opens fire outside school in Türkiye, eight pupils wounded, NTV reports

The Malaysian Communications and Multimedia Commission (MCMC) is still in discussions with the Domestic Trade and Cost of Living Ministry, the Finance Ministry and the Customs Department on the regulatory framework for cross-border e-commerce platforms.

Regulations on cross-border e-commerce platforms being finalised, says Teo 

WASHINGTON (Sept 21): French President Emmanuel Macron said on Monday that he had "very constructive" talks with his US counterpart Donald Trump on the conflicts in the Middle East and Ukraine.

Macron says talks with Trump on Red Sea, Ukraine 'constructive'

The European Union (EU) and the Philippines have reached a "substantial agreement" on a free trade deal, the European Commission said on Tuesday.

EU and Philippines agree free trade deal

<p>KUALA LUMPUR (Sept 22): IGB REIT Management Sdn Bhd announced the passing of its former chief executive officer Elizabeth Tan Hui Ning on Monday, expressing profound sadness over the loss of a leader whose contributions left a lasting impact on IGB REIT and IGB Commercial REIT.</p>


Former IGB REIT CEO Elizabeth Tan passes away; company pays tribute to her leadership

<p>Singapore’s sovereign wealth fund sold shares in Sunway Healthcare Holdings Bhd (KL:SUNMED) worth over RM1 billion on Tuesday, according to a news report.</p>


Singapore’s sovereign wealth fund cashes out over RM1 bil in Sunway Healthcare shares — report

<p>Bon Estates Sdn Bhd has opened a new two-way road connecting Jalan Kiara 3 and Jalan Duta Kiara in Mont'Kiara, Kuala Lumpur, providing an additional route towards Solaris Dutamas and the surrounding areas.</p>


Bon Estates opens new road link in Mont'Kiara

<p>Consumer and construction stocks could be among the key beneficiaries of the upcoming Budget 2027, as higher cash aid, potential tax relief and increased development spending are expected to support domestic demand and infrastructure activity, CIMB Securities said on Tuesday.</p>


CIMB Securities: Consumer, construction stocks seen as key beneficiaries of Budget 2027

<p>KUALA LUMPUR (Sept 22): Powerwell Holdings Bhd (KL:PWRWELL) climbed to new record high on Tuesday as investors and analysts cheered the electricity distribution equipment maker’s largest ever contract.</p>


Powerwell charts new record high after bagging its largest contract ever

<p>KUALA LUMPUR (Sept 22): The High Court here has ordered Tenaga Nasional Bhd (TNB)(KL:TENAGA) to pay RM10.52 million in special damages to Penang Bridge concessionaire Projek Lebuhraya Usahasama Bhd (PLUS) over a major fire incident in a cable tunnel beneath the bridge in February 2021.</p>


Court orders Tenaga to pay Projek Lebuhraya Usahasama RM10.5 mil for Penang bridge fire

<p>The Melaka State Legislative Assembly will be dissolved on Wednesday to pave&nbsp;the way for the 16th state election.</p>


Melaka assembly to dissolve on Wednesday, paving way for state election

<p>Alok Sanghi used to work in his family’s cements business, Sanghi Industries, which his father founded more than four decades ago.</p>


Factory floor or family office? India’s young rich alarm elders

<p>The developer of Eco Business Park 7 in Negeri Sembilan is selling two plots of industrial land for RM1 billion to a data centre operator.</p>


Eco World-SD Guthrie JV sells 222 acres in Negeri Sembilan for over RM1b

<h2>Notable filings</h2>

<p>Between Sept 1 and 4, notable filings with Bursa Malaysia on changes in shareholding included those of ACE Market-listed <strong>Ambest Group Bhd</strong> (KL:AMBEST), where co-founder and managing director Tan Beng Beng and co-founder and executive director Lim Eng Gu...

Insider Moves: Ambest Group Bhd, Salutica Bhd, LFE Corp Bhd, Sersol Bhd, Zetrix AI Bhd, Heitech Padu Bhd, Excel Force MSC Bhd

<p>Hengyuan Refining Company Bhd (KL:HENGYUAN) hit a fresh high on Tuesday, extending its winning streak to three days and adding about RM1.7 billion to its market capitalisation since August.</p>


Hengyuan hits fresh high, adds RM1.7b in market cap since August

<p>KUALA LUMPUR (Sept 22): Crude palm oil (CPO) prices are expected to remain above RM4,700 per tonne until at least October, if not the rest of the year, according to the Malaysian Palm Oil Council (MPOC) statement on Tuesday.</p>


Crude palm oil prices expected to remain above RM4,700 per tonne for the rest of the year — MPOC

<p>LONDON (Sept 22): Oil prices gained on Tuesday after declining for four consecutive sessions as investors awaited developments on potential US-Iran talks at the United Nations General Assembly this week after more supplies emerged through the Strait of Hormuz over the weekend.</p>


<p>The last stretch of a busy week for markets saw stocks churning as bond yields rose, with investors also facing the expiration of a pile of options that spurred a surge in trading volume.</p>


Stocks jump on AI optimism as AMD tops US$1 tril

<p>One of Australia’s largest states has banned the construction of data centres in residential areas and mandated that they must “bring their own renewable energy supply,” part of a slew of rules designed to tackle growing community pushback.</p>


Australian state bans data centres from residential areas

<p>Technology shares got a boost from a resurgence of optimism over AI on Tuesday, while the broader equity market struggled to make much headway as oil rose back above US$100 a barrel and bond yields headed higher once more.</p>


<p>KUALA LUMPUR (Sept 22): Shares in ViTrox Corporation Bhd (KL:VITROX) hit their highest level since the company’s listing on the ACE Market in 2005 on Tuesday, driven by its strong growth prospects amid the AI infrastructure boom.</p>


ViTrox hits record high as AI-driven growth boosts outlook

<p>KUALA LUMPUR (Sept 22): theedgemalaysia.com highlighted no stocks with positive momentum and eight stocks with negative momentum at Bursa Malaysia's afternoon close on Monday.</p>

<h3>The stocks with negative momentum were:</h3>

<p>Inta Bina Group Bhd (KL:INTA) — up two sen or 5.13% to 41 s...

Stocks with momentum on Sept 22, 2026: Inta Bina Group, Powerwell Holdings, Jati Tinggi Group, Northern Solar Holdings, Verdant Solar Holdings, Ewi Capital, D&O Green Technologies, Superlon Holdings

<p>THE semiconductor industry in Penang is facing shortages in several areas, including engineering talent, factory floor space and production capacity. However, a lack of client orders is not one of them.</p>

<p>In fact, global customers are working closely with local manufacturers to ensure the...

Penang E&E players face capacity crunch amid influx of orders

<p>Sabah Development Bank Bhd said on Tuesday it is willing to consider a substantial reduction in exposure in PacifiCity to support efforts to revive the long-abandoned project.</p>
