<div class=newsTextDataWrapInner>KUALA LUMPUR (March 3): Rooftop solar firm Northern Solar Holdings Bhd (KL:<a href="/askedge/klse/0340" class="ce-stock" target="_blank">NORTHERN</a>) has secured two contracts worth a total RM119.39 million.</div>

<div class=newsTextDataWrapInner>One is a construction contract valued at RM47.53 million, and one is a RM71.86 million engineering, procurement and construction job for collector lines and solar power plant interconnection facility, according to Northern Solar's bourse filing on Tuesday. 
&nbsp; 
The contracts were from "an onshore good supply contractor and onshore good service contractor", it said. “Due to confidential provisions in the letters of award, the identity of the main contract cannot be disclosed."</div>

<div class=newsTextDataWrapInner>Letters of award for&nbsp;the contracts were accepted on Tuesday, Northern Solar said, adding the contracts’ tenures have yet to be finalised but will be announced once a formal subcontractor agreement is inked.</div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner>Northern Solar shares ended half a sen or 1% lower at 49.5 sen on Tuesday, valuing the company at RM195.82 million.</div>

Rooftop solar firm Northern Solar Holdings Bhd (KL:NORTHERN) has secured two contracts worth a total RM119.39 million.

One is a construction contract valued at RM47.53 million, and one is a RM71.86 million engineering, procurement and construction job for collector lines and solar power plant interconnection facility, according to Northern Solar's bourse filing on Tuesday.

Northern Solar gets RM119.4m construction contracts

Zetrix AI Bhd (KL:ZETRIX) has confirmed that it owes the Road Transport Department (JPJ) RM314 million in unremitted collections between May and September 2026, and said the liability has been recognised as a payable on its balance sheet.

Zetrix AI confirms RM314m JPJ arrears after Bursa demands direct answer

HSBC said on Wednesday consultations were underway, after the Financial Times (FT) reported that hundreds of jobs were at risk from the bank's adoption of artificial intelligence (AI).

UK unit job cuts: HSBC says 'consultations' underway amid AI adoption

The holding company of Canada's Weston family has agreed to buy British health and beauty retailer Boots from private equity firm Sycamore Partners and the Pessina family for US$8.9 billion (RM36.4 billion), including debt, it said on Wednesday.

Canada's Weston family buys UK pharmacy chain Boots for US$8.9 bil

The International Energy Agency's (IEA) member countries stand ready to release additional oil from their strategic reserves if necessary and will prioritise diesel due to tight supplies of the fuel, the head of the IEA said on Wednesday.

IEA says member countries ready to release more oil reserves if necessary

The government is reviewing a formal agreement with Dapat Vista Sdn Bhd, the company that operates the eJamin system for online payment of court bail, before submitting it to the Cabinet soon.

eJamin: Govt reviewing formal agreement with Dapat Vista before presenting it to Cabinet

Defence Minister Datuk Seri Mohamed Khaled Nordin is disputing the auditor general’s projection that the first of the long-delayed littoral combat ship (LCS1) would only achieve full operational readiness by December 2035.

Defence Minister disputes AG's 2035 readiness projection for long-delayed combat ships

Here is a brief recap of some business news and corporate announcements that made the headlines on Wednesday.

Yinson, Northern Solar, Aemulus, Datasonic, CIMB, AMMB, PJBumi, MMM Group

The Ministry of Finance (MOF) is finalising a proposal to enact the Statutory Bodies and Controlled Entities (Financial Governance) Act to strengthen the governance of government-owned companies.

MOF finalising proposed law to strengthen governance of govt-owned companies

Malaysia still faces RM20.1 billion in outstanding obligations related to 1Malaysia Development Bhd (1MDB) if no additional funds are recovered, according to the Ministry of Finance (MOF).

Govt still has to bear RM20.1b 1MDB burden if no further funds recovered — MOF

The additional tax claim against Tenaga Nasional Bhd (KL:TENAGA) will not result in the cost being passed on to consumers through electricity tariff hikes, said the Ministry of Finance (MOF).

TNB's additional tax claim not passed on to consumers via tariffs, says MOF

Two corporate figures, who are brothers holding the titles of Datuk Seri and Datuk Wira respectively and who were previously remanded for five days to assist investigations into&nbsp;abuse of power and irregularities involving an investment of about RM10 million, have been released on Malaysian Anti-Corruption Commission (MACC) bail.

RM10m investment probe: Datuk Seri, Datuk Wira brothers out on MACC bail

The first witness for the Federal Land Development Authority conceded in High Court on Wednesday that competing bidders for the agency's prime land along Jalan Semarak were not owned by Synergy Promenade Sdn Bhd shareholder and director Abdul Rahman Soltan, after initially suggesting otherwise.

Felda fraud suit: Witness admits rival bidders for Jalan Semarak land not owned by Synergy Promenade director

PEN SJ Electronics Sdn Bhd has pledged to invest over US$70 million (RM286.1 million) to establish an advanced packaging materials and thermal management solutions facility in Penang, which is expected to create more than 1,000 jobs.

China firm to invest over US$70m in Penang, create more than 1,000 jobs — CM

Police have arrested seven people, including several foreigners, in connection with&nbsp;the theft of 2.5kg of jewellery worth over RM1.7 million from a shopping mall in Genting Highlands, Bentong, in August.

Seven arrested over RM1.7 mil jewellery heist in Genting Highlands

KUALA LUMPUR (Oct 7): The High Court on Wednesday has asked Kuala Lumpur City Hall (DBKL) to reconsider whether it wants to continue pursuing its stay application of having to pay RM1.3 million in damages to a retired senior police officer and his wife, over their home being badly damaged after DBKL had allowed the construction of a condominium nearby.

KL City Hall told to reconsider continuing with stay order application over having to pay RM1.3 mil damages

Pasir Gudang member of parliament Hassan Abdul Karim urges the government to reject any bailout request from airlines as taxpayers should not bear the cost of rescuing a private company.

Govt should not bail out troubled airlines, says Pasir Gudang MP

ACCESS to Arm’s Compute Subsystem (CSS) would lower the technological barrier for Oppstar Bhd (KL:OPPSTAR) to develop an advanced chip.

But an Arm token is not an instant earnings booster, Oppstar’s senior executives acknowledge in an interview with The Edge.

Its chief operati...

Arm CSS gives Oppstar a head start, not a shortcut to earnings

Datasonic Group Bhd (KL:DATASONIC) has terminated its proposed RM28.5 million acquisition of an industrial property in Petaling Jaya after a condition precedent requiring approval from the Fire and Rescue Department of Malaysia was not fulfilled.

Datasonic axes RM28 mil property deal after Fire Dept condition unmet

FOR years, Oppstar Bhd (KL:OPPSTAR) was mainly confined to designing chips for others.

Now, the Penang-based integrated circuit (IC) design house wants to broaden its business scope, becoming a turnkey service provider in the IC chip industry. On top of that, Oppstar intends to tape out...

Oppstar’s ‘2.0’ push: From contracted chip designer to turnkey service provider

Cryptocurrencies fell on Wednesday as a wave of forced selling swept across digital-asset venues, with broader market jitters further weighing on risk appetite.

Bitcoin falls as US$600 mil in risky crypto bets wiped out

Northern Solar Holdings Bhd (KL:NORTHERN) has secured a RM34 million engineering, procurement, construction, and commissioning (EPCC) contract to develop a 9.5MW large-scale solar photovoltaic plant.

Northern Solar bags RM34m solar plant contract a day after Main Market transfer

Prime Minister Datuk Seri Anwar Ibrahim said the fifth Madani&nbsp;budget is based on a clear resolve to strengthen the nation’s economy and translate growth into a better life for the people.

Anwar: Budget 2027 based on 'clear resolve' to strengthen economy, translate growth into better life

Bursa Malaysia Securities has dismissed MMM Group Bhd’s (KL:MMM) appeal against the rejection of its proposed regularisation plan, paving the way for the company to be delisted on Oct 12.

MMM Group to be delisted on Oct 12 as Bursa Malaysia dismisses appeal

Here is a brief recap of some business news and corporate announcements that made the headlines on Wednesday.

Retail prices for unsubsidised petrol will increase by 15 sen from Oct 8 to Oct 14 as Brent crude oil hovers around US$100 per barrel despite the recovery of crude oil flows from West Asia.

Unsubsidised petrol up 15 sen from Oct 8, diesel prices stay

Bursa Malaysia Securities Bhd has approved PJBumi Bhd’s (KL:PJBUMI)&nbsp;proposed share split, expected to boost trading liquidity and attract a broader investor base by lowering trading prices.&nbsp;

PJBumi gets Bursa's nod for proposed one-into-five share split

THE Negeri Sembilan royal crisis, which developed more than a year ago, has now escalated to competing claims over several issues, including who lawfully holds several Undang offices, whether the process to remove current ruler Tuanku Muhriz Tuanku Munawir was valid, and whether the ruler has the authority to remove the state’s elected officeholders or, conversely, whether those officeholders have the power to remove the ruler.The federal government and the Dewan Keadilan dan Undang-Undang (DKU) have continued to recognise Tuanku Muhriz as the rightful ruler, whereas Menteri Besar Datuk Ismail Lasim and his administration have endorsed a rival proclamation recognising Tunku Nadzaruddin Tuanku Ja’afar as the state’s ruler.

Politics: Chronology of Negeri Sembilan royal crisis 

Crude palm oil (CPO) prices could trade at a premium to soybean oil as early as April next year, as weather risks and rising biodiesel demand in Indonesia tighten global vegetable oil supplies, said industry analyst Thomas Mielke.

CPO could trade at premium to soybean oil as early as April next year, says Mielke

The Ministry of Human Resources (MOHR) has initiated intervention measures to protect the rights and assist 372 workers of CJ Bio Malaysia Sdn Bhd affected by the closure of the company's plant in Kerteh, Terengganu, from Oct 15.

CJ Bio plant closure: Intervention measures taken to protect rights of workers, says MOHR

Zetrix AI Bhd (KL:ZETRIX) has confirmed that it owes the Road Transport Department (JPJ) RM314 million in unremitted collections between May and September 2026, and said the liability has been recognised as a payable on its balance sheet.