Fajarbaru Builder Group Bhd (FAJAR) (FBG) and consortium partner Avionics Pty Ltd have bagged a RM131.6 million contract from the Australian Department of Defence.

Things are looking up for Keyfield International Bhd (KEYFIELD) as it recently secured two new vessel charters - for an anchor handling tug supply vessel (AHTS) and a dynamic positioning two accommodation work boat (DP2 AWB) - worth a combined RM59.6mil.

AMMB Holdings Bhd (AMBANK) (AmBank Goup) may still be on the lookout to sell its insurance units following the failed RM1.12 billion disposal to Singapore's Great Eastern Holdings Ltd.

Itmax System Bhd (ITMAX) says its subsidiary Southmax Sdn Bhd has been appointed by Pontian Municipal Council as the smart parking operator for outdoor parking spaces in Pontian, Johor.

Ge-Shen Corp Bhd (GESHEN) has entered into a binding term sheet with Plastico Sdn Bhd for the proposed disposal of five properties in Taman Gembira, Johor Baru, for an aggregate cash consideration of RM35mil.

LPI Capital Bhd's (LPI) impending sale of its minority stake in Public Bank Bhd (PBBANK) could potentially translate into a special dividend yield of up to 18%, an analyst said on Wednesday.

Telekom Malaysia Bhd (TM) has turned aggressive to defend and expand its Unifi market share as competition continues to intensify in the fixed broadband and mobile segments.

Sime Darby Bhd (SIME) aims to achieve an 11% return on equity (ROE) within the next five years by focusing on strategic portfolio adjustments, cost optimisation, and expanding its presence in high-margin sectors, according to CIMB Securities.

Gamuda Bhd (GAMUDA) said on Wednesday it has signed an exclusive agreement with a state agency of Perak to develop infrastructure to address the water shortage in the state.

Phillip Research is maintaining its "buy" call on RHB Bank Bhd (RHBBANK) for its undemanding valuations and a sector-high dividend yield.

TA Securities said Ann Joo Resources Bhd's (ANNJOO) recent acquisition of an undervalued industrial land in Kedah could unlock significant intrinsic value for the group.

Senheng New Retail Bhd (SENHENG) is disposing of a piece of vacant, freehold industrial land measuring 1.04 ha in Johor Baru to Mactree Sdn Bhd for RM11.21mil.

Alliance Bank Malaysia Bhd (ABMB) has announced a flood relief assistance programme to help ease the financial burdens faced by customers impacted by the recent floods in Sabah and Sarawak.

Tropicana Corporation Bhd (TROP) has launched its Chinese New Year (CNY) Prosperity Campaign, offering over RM2 million in prosperity packets and various incentives for property buyers. The campaign runs until Feb 28.

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