DRB-Hicom Bhd (DRBHCOM) aims to collaborate with government agencies to establish its automotive hub in Tanjung Malim as a next-gen vehicle production center for ASEAN. The company has signed MoUs with the Malaysian Investment Development Authority (Mida) and the Malaysia Automotive, Robotics and IoT Institute (MARii) to enhance Malaysia's automotive industry through the Automotive High-Tech Valley (AHTV) project.
Gamuda Bhd (GAMUDA)'s Australian subsidiary, DT Infrastructure, has secured a A$625 million contract from Lightsource bp Renewable Energy Investments Ltd for the Goulburn River Solar Farm in New South Wales, Australia, marking a significant engineering, procurement, and construction (EPC) achievement.
TopVision Eye Specialist Bhd (TOPVISN) had a strong debut on the ACE Market, raising nearly RM18 million from its IPO, although it refrained from commenting on the potential impact of new regulations on private healthcare charges.
Advancecon Holdings Bhd (ADVCON) secured a RM44.6 million contract from Sime Darby Property Bhd (SIMEPROP) for infrastructure works at Elmina West.
Infomina Bhd (INFOM) accepted a US$2.6 million purchase order from HKEX for technology services.
Perdana Petroleum Bhd (PERDANA) secured a charter contract for an AHTS vessel from IPC Malaysia BV.
Progressive Impact Corporation Bhd (PICORP) won RM19 million in contracts for environmental monitoring.
YTL Power International Bhd (YTLPOWR) is on track with its data centers, while Yinson Holdings Bhd (YINSON) is expected to see strong earnings from upcoming FPSO units.
Ibraco Bhd (IBRACO) invested in an asphalt mixing plant, and SMRT Holdings Bhd (SMRT) anticipates a strong FY25.
Pekat Group Bhd (PEKAT) completed a RM96 million acquisition in the power distribution sector.
Supermax Holdings Bhd (SUPERMX) shares rose significantly amid US nitrile-glove production efforts.
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