<div class=newsTextDataWrapInner><p>KUALA LUMPUR (June 30): Exsim Hospitality Bhd (KL:<a href="/askedge/klse/1287" class="ce-stock" target="_blank">EXSIMHB</a>) has secured a RM66.81 million contract to undertake demolition and architectural works at a development in Damansara Perdana, Petaling Jaya.</p></div>

<div class=newsTextDataWrapInner><p>In a Bursa Malaysia filing on Tuesday, the group said the contract was awarded by Dynamicz Sdn Bhd, a related party. It is expected to be completed by Feb 2, 2027.</p></div>

<div class=newsTextDataWrapInner><p>Exsim Hospitality said the contract is expected to contribute positively to its earnings, net assets per share and gearing over the duration of the project.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>The award is regarded as a recurrent related party transaction as the group's major shareholders — Lim Aik Hoe, Lim Aik Kiat and Lim Aik Fu — indirectly own Dynamicz through Exsim Development Sdn Bhd. Aik Hoe and Aik Kiat also sit on Dynamicz's board of directors.</p></div>

<div class=newsTextDataWrapInner><p>On Tuesday, shares of Exsim Hospitality closed up two sen or 5% at 42 sen, giving the group a market capitalisation of RM975.31 million. Over the past one year, the stock has gained 68%.</p></div>


Exsim Hospitality Bhd (KL:EXSIMHB) has secured a RM66.81 million contract to undertake demolition and architectural works at a development in Damansara Perdana, Petaling Jaya.

Exsim Hospitality bags RM67 mil demolition works contract

The US, Denmark and Greenland have entered into an agreement for the US to develop a significant military presence on Greenland, while prohibiting US adversaries from building their own bases on the island, Donald Trump said on Friday.

US and Denmark reach deal on Greenland, Trump says

Volkswagen AG slashed its profit forecast after a sharp contraction in China and a €6 billion (US$6.9 billion or RM28.11 billion) writedown tied to sports-car maker Porsche AG, deepening concerns about the strains facing the global auto industry.

VW slashes profit outlook after China sales slump and US$6.9 bil writedown

Google’s Gemini artificial intelligence (AI) model inadvertently hacked into three company systems in May during cybersecurity testing, adding to a string of breaches by AI agents that have alarmed security experts and developers of the technology alike.

Google joins OpenAI, Anthropic, Meta in disclosing AI hacks

An index of global equity markets edged higher on Friday, as losses in Europe were partly offset by late gains on Wall Street, with markets ending a turbulent week marked by a global push by central banks to quell inflation.

Global shares edge higher as central banks double down on inflation fight

Wall Street closed a volatile week on a muted note on Friday as benchmark US Treasury yields topped 5%, while crude prices reversed earlier gains but remained above US$100 per barrel, keeping inflation worries front and centre.

S&P 500, Nasdaq advance, turning the page on a tumultuous week

IKEA Malaysia talks 30 years of competition, consumers and karipaps

These days, the use of artificial intelligence (AI) is prevalent in all aspects of life, in various sectors of the economy and professions, and more so among white-collar workers.

Bracing for AI tidal wave disrupting jobs market

The decision to grant a conditional pardon to former Prime Minister Datuk Seri Najib Tun Razak should not be regarded as a decision by Prime Minister Datuk Seri Anwar Ibrahim or Pakatan Harapan (PH), Parti Keadilan Rakyat (PKR) Wanita chief Datuk Seri Fadhlina Sidek said.

Najib's conditional pardon not Anwar's or PH's decision — Fadhlina

Police have busted an online scam call centre in Ipoh that allegedly impersonated friends to deceive victims in Japan, with seven suspects arrested in a raid at a house in Taman Merdeka on Wednesday.

Perak police chief Datuk Mohd Alwi Zainal Abidin said those arrested were six Japanese men and a local man aged between 22 and 58.

Japanese scam call centre busted in Ipoh, six Japanese and one Malaysian arrested

Malaysia’s tool, die and mould (TDM) industry is set to enter a new phase of digital transformation and global competitiveness with the launch of the NEW TDM Project next month.

SIRIM Bhd president and group chief executive officer Nik Sazali Nik Hussin said the strategic initiative would be implemented under the 13th Malaysia Plan and the New Industrial Master Plan 2030 to strengthen the country’s TDM ecosystem comprehensively.

NEW TDM Project to drive transformation of Malaysia’s tooling industry

<p>Police have busted an online scam call centre in Ipoh that allegedly impersonated friends to deceive victims in Japan, with seven suspects arrested in a raid at a house in Taman Merdeka on Wednesday.</p>

<p>Perak police chief Datuk Mohd Alwi Zainal Abidin said those arrested were six Japanese men and a local man aged between 22 and 58.</p>


<p>Newly listed beverage blend maker Butterfield FB Bhd (KL:BFIELD) has announced the emergence of Datuk Ooi Eng Leong, managing director of Nationgate Holdings Bhd (KL:NATGATE), as a substantial shareholder.</p>


Ooi Eng Leong emerges as substantial shareholder in newly listed Butterfield

<p>The decision to grant a conditional pardon to former Prime Minister Datuk Seri Najib Tun Razak should not be regarded as a decision by Prime Minister Datuk Seri Anwar Ibrahim or Pakatan Harapan (PH), Parti Keadilan Rakyat (PKR) Wanita chief Datuk Seri Fadhlina Sidek said.&nbsp;</p>


<p>Wall Street closed a volatile week on a muted note on Friday as benchmark US Treasury yields topped 5%, while crude prices reversed earlier gains but remained above US$100 per barrel, keeping inflation worries front and centre.</p>


<p>Malaysia’s tool, die and mould (TDM) industry is set to enter a new phase of digital transformation and global competitiveness with the launch of the NEW TDM Project next month.</p>

<p>SIRIM Bhd president and group chief executive officer Nik Sazali Nik Hussin said the strategic initiative would be implemented under the 13th Malaysia Plan and the New Industrial Master Plan 2030 to strengthen the country’s TDM ecosystem comprehensively.</p>


<p>TSR Capital Bhd (KL:TSRCAP) said on Friday it has secured a contract worth about RM158 million for building works in Selangor.</p>


TSR Capital bags RM158m PKNS contract for Selangor building works

<p>These days, the use of artificial intelligence (AI) is prevalent in all aspects of life, in various sectors of the economy and professions, and more so among white-collar workers.</p>


<p>Four men, including a civil servant, were arrested for allegedly staging the disappearance of a Toyota Vellfire to facilitate an insurance claim following financial problems faced by one of them.</p>

<p>Padang Besar police chief ACP Mohd Shokri Abdullah said the suspects, aged between 32 and 45, were arrested in raids at three locations in the Padang Besar and Arau districts at about 5.15 pm on Thursday.</p>


Civil servant among four held over alleged Toyota Vellfire insurance scam

<p>Prime Minister Datuk Seri Anwar Ibrahim has called on the people to play their part in addressing the increasingly worrying haze situation, while the government continues to seek solutions in the interest of all.</p>

<p>In a Facebook post, Anwar said he also performed special prayers (solat hajat) with members of the congregation after Friday prayers at Surau Nur Perdana, Precinct 10 in Putrajaya, on Friday, seeking Allah SWT’s help for the country to recover from the haze situation soon.</p>


Haze: Anwar urges public to do their part as govt seeks solutions

<p>Barisan Nasional (BN) welcomed with deep gratitude the decision by His Majesty Sultan Ibrahim, King of Malaysia, to grant a conditional pardon to former Prime Minister Datuk Seri Najib Tun Razak, while respecting all conditions and processes set.</p>


BN welcomes Najib’s conditional pardon with deep gratitude — Zambry

<p>Google’s Gemini artificial intelligence (AI) model inadvertently hacked into three company systems in May during cybersecurity testing, adding to a string of breaches by AI agents that have alarmed security experts and developers of the technology alike.&nbsp;</p>


<p>Volkswagen AG slashed its profit forecast after a sharp contraction in China and a €6 billion (US$6.9 billion or RM28.11 billion) writedown tied to sports-car maker Porsche AG, deepening concerns about the strains facing the global auto industry.</p>


<p>The US, Denmark and Greenland have entered into an agreement for the US to develop a significant military presence on Greenland, while prohibiting US adversaries from building their own bases on the island, Donald Trump said on Friday.</p>
