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MAHB, Westports, MSM Malaysia, Lagenda Properties, LBS Bina, Pos Malaysia, RCE Capital, Malaysia Smelting, CI Holdings, Taliworks, Sand Nisko, Uzma and MyEG

KUALA LUMPUR (Nov 21): Here is a brief recap of some corporate announcements that made news on Monday (Nov 21): Malaysia Airports Holdings Bhd (MAHB), Westports Holdings Bhd, MSM Malaysia Holdings Bhd, Lagenda Properties Bhd, LBS Bina Group Bhd, Pos Malaysia Bhd, RCE Capital Bhd, Malaysia Smelting Corp Bhd (MSC), CI Holdings Bhd, Taliworks Corp Bhd, Sand Nisko Capital Bhd, Uzma Bhd and MyEG Services Bhd.

China , Kuala-lumpur , Malaysia , Kedah , Kelantan , Sepang , Selangor , Petronas-carigali-sdn-bhd , Sdn-bhd , Bandar-sungai-petani , Uzma-bhd , Bina-group-bhd

Astro announces Tunku Ali Redhauddin as chairman

KUALA LUMPUR: Astro Malaysia Holdings Bhd has appointed Tunku Ali Redhauddin Ibni Tuanku Muhriz as chairman succeeding Tun Zaki Tun Azmi effective June 23.

Kuala-lumpur , Malaysia , Cambridge , Cambridgeshire , United-kingdom , Tunku-ali , Johnf-kennedy-school-of-government , Pathology-asia-holdings , Political-sciences , Bangkok-bank-berhad , Asia-society , University-of-cambridge

Taliworks completes acquisition of four solar projects

KUALA LUMPUR: Taliworks Corp Bhd has completed the acquisition of the majority economic interest in four solar projects from TerraForm Global Operating LP (TerraForm Global) and several of its subsidiaries.

Kuala-lumpur , Malaysia , Sdn-bhd , Kuala-lumpur-international-airport , Taliworks-corp-bhd , Taliworks-corp , Terraform-global-operating , Terraform-global , Bursa-malaysia , Datuk-ronnie-lim-yew-boon , Corporate-news , Taliworks

Which route for PLUS?

MORE restructuring of highway operators is likely following the proposed takeover of four highway concessionaires linked to Gamuda Bhd by Amanat Lebuhraya Rakyat Bhd (ALR).

Malaysia , Malaysian , Amanat-lebuhraya-rakyat-bhd , Khazanah-nasional , Gamuda-bhd , Pakatan-harapan , Halim-saad , Ekovest-bhd , Pankajc-kumar , Corp-bhd , Lingkaran-trans-kota-holdings-bhd , Malaysian-rating-corp-bhd

Taliworks wins Sungai Rasau water treatment plant job

PETALING JAYA: Taliworks Corp Bhd has won a contract to develop a package under phase one of the Sungai Rasau water treatment plant for RM602.43mil from Pengurusan Air Selangor Sdn Bhd.

Malaysia , Sungai-rasau , Sarawak , Petaling , Malaysia-general- , Bukit-lipat , Selangor-sdn-bhd , Taliworks-corp-bhd , Taliworks-corp , Pengurusan-air-selangor-sdn , Bursa-malaysia , Bukit-lipat-kajang

Taliworks secures contract worth RM293.86mil

KUALA LUMPUR: Taliworks Corp Bhd has secured a RM293.86mil contract from Pengurusan Air Selangor Sdn Bhd (Air Selangor).

Rasau , Sarawak , Malaysia , Kuala-lumpur , Bukit-lipat , Selangor-sdn-bhd , Taliworks-corp-bhd , Taliworks-corp , Pengurusan-air-selangor-sdn-bhd , Air-selangor , Bursa-malaysia , Bukit-lipat-kajang

Tenders for RM4 bil Rasau water treatment plant to be called next year

KUALA LUMPUR (Dec 18): There are jobs in the pipeline for companies that are involved in the water treatment-related business.
Pengurusan Air Selangor Sdn Bhd (Air Selangor) will call for tenders for the first phase of the Rasau water treatment plant valued at about RM4 billion next year, according to its CEO Suhaimi Kamaralzaman.
Among the public-listed companies with expertise in water treatment plants are Salcon Bhd, Taliworks Corp Bhd, and Selangor State government-controlled Kumpulan Perangsang Selangor Bhd (KPS).
The new water treatment capacity is to address the current low reserve margin. The average margin is 11%, Suhaimi revealed, but there are areas with reserve margin below average.

Rasau , Sarawak , Malaysia , Kuala-lumpur , Pakatan-harapan , Selangor-sdn-bhd-syabas , Kumpulan-perangsang-selangor-bhd , Sdn-bhd , Suhaimi-kamaralzaman , Salcon-bhd , Selangor-sdn-bhd , Sungai-selangor-sdn-bhd

Taliworks shares, warrants rise on news of RM4b Rasau water treatment tenders next year

KUALA LUMPUR (Dec 18): Shares and warrants in infrastructure group Taliworks Corp Bhd rose today after Pengurusan Air Selangor Sdn Bhd (Air Selangor) said it will call for tenders for the first phase of the Rasau water treatment plant valued at about RM4 billion next year.
Taliworks rose as much as 10.5 sen or 13.04% to 91 sen this morning. At 10.59 am, it had pared some gains at 87.5 sen, still up by seven sen or 8.7%.
Meanwhile, its warrant TALIWRK-CF
soared as much as seven sen or 280% to 9.5 sen. At 10.59am, it had pared some gains at seven sen, still up by 4.5 sen or 180%.
The warrant, among the most actively traded stocks, saw 62.86 million shares traded.

Rasau , Sarawak , Malaysia , Kuala-lumpur , Suhaimi-kamaralzaman , Selangor-sdn-bhd , Salcon-bhd , Kumpulan-perangsang-selangor-bhd , Taliworks-corp-bhd , Pengurusan-air-selangor-sdn-bhd , Air-selangor , Selangor-state

CGS-CIMB: Sectors to watch out for come 2021

KUALA LUMPUR (Dec 17): CGS-CIMB has "overweight" ratings on bank, healthcare, gaming, oil and gas, electronics manufacturing services (EMS), media and rubber gloves sectors, and "underweight" ratings on chemicals and transport.
The research house said in a report that it likes the bank, gaming, oil and gas, EMS and media sectors for exposure to a recovering economy post-Covid-19.
“We continue to like the gloves sector, as it is expected to deliver record earnings in 2021 due to strong demand for gloves following the Covid-19 outbreak.
“However, as we had cautioned earlier, the key risk is that the rubber gloves is now a crowded trade given its stellar share price performance in 9M20 (first nine months of 2020). This, coupled with concerns over the treatment of its workers and potential new capacities coming on stream, has led investors to rotate out of the gloves sector into banks,” it said.

Kuala-lumpur , Malaysia , United-states , American , Diabochi-bhd , Karex-bhd , Setia-bhd , Toto-bhd , Inari-amertron-bhd , Lee-swee-kiat , Genting-bhd , Top-glove-corp-bhd