<div class=newsTextDataWrapInner><p>KUALA LUMPUR (March 18): Bintai Kinden Corp Bhd (KL:<a href="/askedge/klse/6998" class="ce-stock" target="_blank">BINTAI</a>) has secured two construction subcontracts worth an aggregate RM25.67 million for work at an industrial park in Kulai, Johor.</p></div>

<div class=newsTextDataWrapInner><p>One, worth RM17.93 million, was for mechanical and electrical works for eight factory units, while another was for drainage works for the same units at the Golden Valley Hi-Tech Park, according to a bourse filing on Wednesday.</p></div>

<div class=newsTextDataWrapInner><p>Both subcontracts are to commence on March 27. The mechanical and electrical works are expected to be completed in eight months, while the drainage works will be done in six.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>The subcontracts were secured by its unit, Kejuruteraan Bintai Kindenko Sdn Bhd, from Golden Valley Capital Sdn Bhd.</p></div>

<div class=newsTextDataWrapInner><p>Shares in Bintai Kinden ended unchanged at nine sen, valuing the company at RM126.79 million.</p></div>


Bintai Kinden Corp Bhd (KL:BINTAI) has secured two construction subcontracts worth an aggregate RM25.67 million for work at an industrial park in Kulai, Johor.

Bintai Kinden bags two construction subcontracts worth RM25.7m in Johor

Pakatan Harapan (PH) aims to retain its existing seats and targets to wrest potentially winnable seats in the Melaka state election, said PH communications director Datuk Seri Fahmi Fadzil.

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Finland’s President Alexander Stubb and Norway’s Prime Minister Jonas Gahr Støre held a phone call with Russian President Vladimir Putin to discuss the prospects for a peace deal in Ukraine.

Finland and Norway hold ‘frank’ call with Putin on Ukraine

Anthropic PBC set itself a challenge by opening its books to prospective initial public offering (IPO) investors right after a punishing week for the artificial intelligence (AI) trade. When Wall Street took a close look, it generally liked what it saw.

Anthropic IPO filing calms nerves with signs of healthy growth

The Women, Family and Community Development Ministry will look into a proposal to allow maternity leave entitlements to be shared between spouses.

Minister supports shared maternity leave, proposal to be considered

The Higher Education Ministry (MOHE) has stressed that offering admission to public universities through the open channel will not affect or reduce the quota allocated through UPU, Malaysia’s centralised university admissions system.

Open channel admissions to public universities will not reduce UPU quota — Zambry

The Higher Education Ministry has stressed that offering admission to public universities through the open channel will not affect or reduce the quota allocated through UPU, Malaysia’s centralised university admissions system.

Open channel admissions will not reduce UPU quota, says higher education minister

The S&P 500 and the Nasdaq opened higher on Tuesday as easing oil prices supported risk appetite ahead of a raft of key corporate earnings and the Federal Reserve's interest-rate decision this week.

S&P 500, Nasdaq open higher as oil pulls back ahead of Fed decision

General Motors (GM) said on Tuesday it would transfer the listing of its common stock to Nasdaq from the New York Stock Exchange, joining a growing number of companies looking to align themselves with the tech-heavy exchange.

GM moves to Nasdaq as first legacy automaker on the exchange

Israelis surged to the polls at the fastest rate in nearly half a century on Tuesday to pass wartime judgment on Prime Minister Benjamin Netanyahu, in what voters described as the most consequential election in the nation's history.

Fastest turnout for half a century as Israelis pass wartime judgment on Netanyahu

Boeing posted a bigger third-quarter loss than expected on Tuesday, as supply-chain challenges and production delays in its commercial airplane division overshadowed bigger margins across the rest of the company.

Boeing jetliner production challenges weigh on 3Q results

<p>The government is pursuing legal action, including a civil suit, against Zetrix AI Bhd (KL:ZETRIX) over its failure to remit RM314 million in revenue collected on behalf of the Road Transport Department (JPJ).</p>


Govt to sue Zetrix AI over RM314m JPJ arrears

<p>The prosecution on Tuesday concluded its case against Bagan Member of Parliament and DAP adviser Lim Guan Eng in the Penang undersea tunnel graft trial at the Sessions Court here.</p>


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<p>The Employees Provident Fund (EPF) must help more Malaysians achieve retirement adequacy by adapting to changing employment patterns while continuing to deliver sustainable returns, said Finance Minister II Datuk Seri Amir Hamzah Azizan.</p>


EPF must help more Malaysians achieve retirement adequacy, says Amir Hamzah

<p>CIMB Group Holdings Bhd’s (KL:CIMB) planned sale of its business in the Philippines has drawn interest from local rivals including Bank of the Philippine Islands and Metropolitan Bank &amp; Trust Co, according to people with knowledge of the matter.</p>


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<p>Kylian Mbappe apologised on Tuesday after the Real Madrid star was dropped by major Chinese brands for apparently joking about Mao Zedong in a video that has gone viral.</p>


Mbappe apologises for Mao Zedong comment after Chinese sponsors drop him

<p>Malaysia's technology stocks outperformed on Tuesday, catching the buzz over artificial intelligence (AI) firm Anthropic, which has officially filed for its listing.</p>


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<h2>Notable filings</h2>

<p>From Oct 5 to 9, notable filings at Bursa Malaysia-listed companies included those at <strong>Salutica Bhd </strong>(KL:SALUTE), in which Singapore-based Fortune Innovative VCC Sub-Fund GEMS High Yield Investment Fund ceased to be a substantial shareholder after dispos...

Insider Moves: Salutica Bhd, Tambun Indah Land Bhd, Lee Swee Kiat Group Bhd, Solarvest Holdings Bhd, Excel Force MSC Bhd, Zetrix AI Bhd

<p>Nestlé (Malaysia) Bhd (KL:NESTLE) reported a 73% jump in net profit for the third quarter, thanks mainly to stronger sales and lower input costs.</p>


Nestlé Malaysia reports 73% jump in 3Q earnings, raises dividend to 80 sen per share

<p>The Court of Appeal has dismissed an appeal by Datuk Seri Stanley Thai to intervene in the winding-up proceedings against property unit Sunimax Development Sdn Bhd (SDSB).&nbsp;</p>


Appellate court dismisses Stanley Thai’s bid to intervene in RM37m Sunimax Development winding-up

<p>The government has yet to decide whether to provide financial support to financially-distressed AirAsia Group Bhd (KL:AAGB), Transport Minister Anthony Loke Siew Fook said.</p>


Loke: Govt yet to decide on financial support for AirAsia

<p>Public Bank Bhd's (KL:PBBANK) investment holding unit LPI Capital Bhd (KL:LPI) saw its net profit drop 15.7% in the third quarter, weighed down by lower investment returns and net fair value losses.</p>


LPI Capital 3Q net profit down almost 16% on lower investment returns

<p>KUALA LUMPUR (Oct 27): The government is considering a proposed Government-Owned Entities Bill to tighten governance of government-linked companies (GLCs) and related agencies, while preventing misappropriation such as that which occurred in 1Malaysia Development Berhad (1MDB), Felda and Tabung Haji.</p>


PM: Proposed Government-Owned Entities Bill to tighten governance, prevent misappropriation

<p>The nexus between business and politics in Corporate Malaysia has always produced a number of casualties. Whenever there was a change in the alignment of power in the government, businessmen who were seen to have been close to the ousted politicians were often punished.</p>

<p>On that score, P...

Alternative Views: What happens after the corporate mafia probe is crucial

<h3><span style="color:#d35400;">Banks</span></h3>

<p><strong>NOMURA RESEARCH (OCT 13):</strong> We are turning increasingly bullish on Malaysian banks as the recent bond yield spike-driven derating appears overdone, in our view. Our positive stance is based on three key reasons: 1) we think conc...

Brokers Digest: Local Equities - Banks, MN Holdings Bhd, IJM Corp Bhd, Deleum Bhd

<p>KUALA LUMPUR (Oct 27): Impact Capital Holdings Bhd, a Sarawakian technology firm, has launched its ACE Market listing that will raise RM27.6 million for the company and its shareholders.</p>


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<p>Nearly two months after Yinson Holdings Bhd’s (KL:YINSON) largest shareholder, the Lim family (27.7%), and MISC Bhd (KL:MISC) confirmed preliminary talks with another shareholder Employees Provident Fund (17.09%) to take the floating production, storage and offloading (FPSO) company private, a firm intention has yet to be announced.</p>


Frankly Speaking: Yinson privatisation sees longer runway

<p>GDB Holdings Bhd (KL:GDB) rose on Tuesday to the highest in over four months after the builder bagged its biggest housing contract to date while Apex Securities raised its outlook.</p>


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<p>SINGAPORE (Oct 27): Singaporean state gas buyer GasCo has launched its first procurement exercise to secure term supplies of liquefied natural gas, said Gan Siow Huang, the country's minister of state for energy, trade and industry.</p>


Singapore launches first LNG term supply tender, weighs third import terminal

<p>The government has approved a requirement for data centres to use at least 30% renewable energy, Deputy Prime Minister Datuk Seri Fadillah Yusof said on Tuesday.</p>


Data centres to be required to source at least 30% renewable energy — Fadillah

<p>Barisan Nasional (BN) chairman&nbsp;Datuk Seri Dr Ahmad Zahid Hamidi said MCA will contest the Melaka state election, polling for which is on Nov 14.</p>
