<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Aug 13): The share price of Main Market-listed MN Holdings Bhd (KL:<a href="/askedge/klse/0245" class="ce-stock" target="_blank">MNHLDG</a>) continued its climb to a new record high on Thursday after its wholly-owned subsidiary, MN Power Transmission Sdn Bhd (MNPT), secured a RM71.02 million contract from Tenaga Nasional Bhd (KL:<a href="/askedge/klse/5347" class="ce-stock" target="_blank">TENAGA</a>) on Wednesday.</p></div>

<div class=newsTextDataWrapInner><p>MN Holdings shares rose as much as 4.8% to an intraday high of RM3.50 before paring gains to close seven sen, or 2.1%, higher at RM3.41 on Thursday, valuing the company at RM2.28 billion. A total of 7.36 million shares changed hands.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>The company has more than doubled in market value since January this year.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>The contract involves MNPT building a 132/33kV transmission main intake in Cameron Highlands, Pahang. It took effect on Aug 12 and is expected to be completed within 900 days, by Jan 28, 2029.</p></div>

<div class="mt-3 imgw-300 embed-right"><a class="mobx embedimg-icon" data-rel="ceolightbox" href="https://myassets.theedgemalaysia.com/pics/2026/closing-mn-reaches-new-high_20260813191524_imzzew.jpg"><img alt="" src="https://myassets.theedgemalaysia.com/pics/2026/closing-mn-reaches-new-high_20260813191524_imzzew.jpg" /></a></div>

<div class=newsTextDataWrapInner><p>The contract follows a RM122 million underground cable contract from Tenaga Nasional that MN Holdings announced on Aug 10, 2026.</p></div>

<div class=newsTextDataWrapInner><p>The company completed its transfer to the Main Market on Aug 11.</p></div>

<div class=newsTextDataWrapInner><p>All four research houses tracked by <em>Bloomberg </em>have 'buy' calls on MN Holdings with a 12-month average target price of RM3.70 a share. Maybank Investment Bank is especially bullish on the stock with a RM4.17 target price.</p></div>


The share price of Main Market-listed MN Holdings Bhd (KL:MNHLDG) continued its climb to a new record high on Thursday after its wholly-owned subsidiary, MN Power Transmission Sdn Bhd (MNPT), secured a RM71.02 million contract from Tenaga Nasional Bhd (KL:TENAGA) on Wednesday.

MN Holdings hits fresh record high, announces another Tenaga contract

SEOUL (Oct 25): North Korean leader Kim Jong Un returned to his country by road on Sunday after visiting a historic Korean War memorial in the Chinese border city of Dandong, North Korean state media reported.

North Korea's Kim Jong Un returns from China after war memorial visit, state media says

KUALA LUMPUR (Oct 25): As the umbrella body for five major voluntary organisations, the National Council for the Blind, Malaysia (NCBM) has created a common platform for blind and visually impaired individuals in the country to discuss key concerns before escalating them to relevant authorities.

To be seen + heard

(Oct 25): Yemen's Iran-aligned Houthis on Sunday renewed their warning against using Riyadh's King Khalid International Airport, hours after the airport announced it will designate two terminals for flights following a suspension earlier this month.

Yemen's Houthis renew warning against using Riyadh airport

KUALA LUMPUR (Oct 25): The Sultan of Selangor, Sultan Sharafuddin Idris Shah, has expressed disappointment over the mismanagement of Tabung Haji, stressing that funds entrusted for religious purposes must be managed with accountability and responsibility.

Keep race and religion out of politics, says Sultan Sharafuddin

KUALA LUMPUR (Oct 25): This week’s City & Country cover story looks at Astaka Padu Sdn Bhd, which is set to unveil Amora Parks, an 11.76-acre freehold integrated development in Johor Bahru with a gross development value of RM930 million. CEO Allen Khong discusses the mixed-use development, which will comprise four components — commercial development Amora Boulevard, Amora Serviced Residence, Amora Wellness Mall and an education hub.

New lifestyle offering in Tampoi

Barisan Nasional (BN) will contest 21 of the 28 seats in the upcoming Melaka state polls, retaining its three key leaders as candidates, including caretaker Chief Minister Datuk Seri Ab Rauf Yusoh.

Melaka polls: BN to field Ab Rauf, Akmal, Noor Helmy, unveils eight new faces

Pakatan Harapan (PH) on Saturday night announced 21 candidates to contest the Melaka state election on Nov 14.

PH announces 21 candidates for Melaka state election

Indonesia cut exports of natural gas to Singapore on Saturday to prioritise domestic demand, an official said, with the two countries at loggerheads over regional air pollution emanating from wildfires on the vast archipelago.

Indonesia says cutting gas exports to Singapore to prioritise domestic demand

Prime Minister Datuk Seri Anwar Ibrahim on Saturday disclosed that a global investor plans to invest US$50 billion (RM204 billion) in the artificial intelligence (AI), new technology and data centre sectors in Sarawak and Peninsular Malaysia.

Anwar says a global investor plans US$50b tech investment in Malaysia

Demonstrators gathered in Paris and cities across France on Saturday under the watch of 70,000 police officers, as the government sought to prevent a repeat of the riots and looting that rocked the country last weekend.

France protests begin under heavy security as police seek to prevent fresh unrest

<p>Pakatan Harapan (PH) on Saturday night announced 21 candidates to contest the Melaka state election on Nov 14.</p>


<p>Barisan Nasional (BN) will contest 21 of the 28 seats in the upcoming Melaka state polls, retaining its three key leaders as candidates, including caretaker Chief Minister Datuk Seri Ab Rauf Yusoh.</p>


<p>KUALA LUMPUR (Oct 25): This week’s <em>City &amp; Country </em>cover story looks at Astaka Padu Sdn Bhd, which is set to unveil Amora Parks, an 11.76-acre freehold integrated development in Johor Bahru with a gross development value of RM930 million. CEO Allen Khong discusses the mixed-use development, which will comprise four components — commercial development Amora Boulevard, Amora Serviced Residence, Amora Wellness Mall and an education hub.</p>


<p>KUALA LUMPUR (Oct 25): The Sultan of Selangor,&nbsp;Sultan Sharafuddin Idris Shah, has expressed disappointment over the mismanagement of Tabung Haji, stressing that funds entrusted for religious purposes must be managed with accountability and responsibility.</p>


<p>(Oct 25): Yemen's Iran-aligned Houthis on Sunday renewed their warning against using Riyadh's King Khalid International Airport, hours after the airport announced it will designate two terminals for flights following a suspension earlier this month.</p>


<p>KUALA LUMPUR (Oct 25): As the umbrella body for five major voluntary organisations, the National Council for the Blind, Malaysia (NCBM) has created a common platform for blind and visually impaired individuals in the country to discuss key concerns before escalating them to relevant authorities.</p>


<p>SEOUL (Oct 25): North Korean leader Kim Jong Un returned to his country by road on Sunday after visiting a historic Korean War memorial in the Chinese border city of Dandong, North Korean state media reported.</p>
