[ KUALA LUMPUR: QSR Brands (M) Holdings Bhd and KFC Malaysia have confirmed the temporary closures of their outlets as reported earlier in response to challenging economic conditions. In a statement, QSR said this proactive measure aims to manage rising business costs and prioritise high-engagement trade zones. “Employees from the affected stores were offered the … Read more
[ RIYADH: Saudi Arabia-based renewable energy giant ACWA Power has expressed interest to invest more than US$10 billion (US$1=RM4.77) in Malaysia over a 10-year period in collaboration with Cypark Resources Bhd. This was conveyed by ACWA Power chairman Mohammad A. Abunayyan when he paid a courtesy call on Prime Minister Datuk Seri Anwar Ibrahim on … Read more
[ KUALA LUMPUR: Gadang Holdings Bhd’s wholly owned subsidiary, Gadang Engineering (M) Sdn Bhd, has secured a contract from TM Technology Services Sdn Bhd worth RM280mil. In a filing with Bursa Malaysia, Gadang said the contract is for the design and development of the Klang Valley Data Centre Block 2 in Cyberjaya, Selangor. The contract … Read more
[Having gone public with its intention to diversify into the information technology (IT) segment, courier services provider GDEX Bhd is keeping its optimism that both its stronghold business and new venture will perform positively this year. Read full story Read original article here Denial of responsibility! Genx Newz is an automatic aggregator of the all … Read more
[ PETALING JAYA: Worldwide Holdings Bhd and Abu Dhabi Future Energy Co, PJSC (also known as Masdar) has inked a memorandum of understanding (MoU) to develop one gigawatt (GW) of renewable energy (RE) projects in Selangor. The companies will focus on technologies such as floating solar, ground-mounted solar, rooftop solar, hydro and hybrid systems, Worldwide … Read more
[ PETALING JAYA: Microlink Solutions Bhd has secured a RM56.45mil contract from Bank Islam Brunei Darussalam Bhd (BIBD) to implement and maintain a new core banking system for the latter. In a filing with Bursa Malaysia, Microlink said its wholly-owned subsidiary Microlink Systems Sdn Bhd will provide software, services and maintenance to BIBD. Read original … Read more
[ PETALING JAYA: MAA Group Bhd has agreed to sell its entire 57.78% stake in Turiya Bhd for RM52.86mil, or 40 sen a share, to Khidmat Kejora Sdn Bhd (KKSB) and Neo Pixel Sdn Bhd (NPSB). In a filing with Bursa Malaysia, MAA said the buyers are controlled by Tan Sri Dr Mohan M.K. Swami … Read more
[ KUALA LUMPUR: Shareholders of Capital A Bhd will be relieved that there is light at the end of the tunnel after two years holding shares in a Practice Note 17 (PN17) company. Capital A chief executive officer Tan Sri Tony Fernandes finally revealed its restructuring plans to exit the PN17 status yesterday after a … Read more
[ PETALING JAYA: Majuperak Holdings Bhd has inked a memorandum of understanding with Shizen International Inc, a subsidiary of Shizen Energy Inc of Japan, to explore opportunities to set up ground-mounted or floating solar photovoltaic-based renewable energy (RE) generation projects in Perak. “By joining forces with Shizen Energy Japan, a renowned leader in the RE … Read more
[ THE sole publicly listed electrical switchboard maker in Malaysia is riding on the data centre boom in the country and the larger South-East Asia. Powerwell Holdings Bhd, which share price has rallied by over 80% since January, expects more than 70% of its future projects to be related to data centres. Read original article … Read more
