FBM KLCI consolidates ahead of corporate earnings, OPR decision
KUALA LUMPUR: Stock market prices are consolidating on the domestic market as traders turn cautious ahead of Bank Negara's overnight policy rate decision, to be announced tomorrow, while the global markets are on tenterhooks over the ongoing US mid-term elections.
Meta raises $15 billion in five-part US bond sale to fund AI expansion
META Platforms said on Tuesday it is raising $15 billion through a five-part US dollar bond offering, as the Facebook parent turns to debt markets to help finance accelerating investments in AI infrastructure.
Trading ideas: GDB, MMCS, Theta, ES Sunlogy, Salutica, IOIPG, TNB, SP Setia, Pertama Digital, Malakoff, Orkim, RHB, Asdion, TWL, Pekat, IOIPG REIT
KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
Pekat gets SC nod for Main Market transfer
Pekat Group Bhd has received approval from the Securities Commission (SC) for its proposed transfer from the ACE Market to the Main Market of Bursa Malaysia.
ES Sunlogy bags Kerjaya Prospek job
ES Sunlogy Bhd's wholly-owned subsidiary, Savelite Engineering Sdn Bhd, has secured two subcontracts worth a combined RM25.07mil from Kerjaya Prospek (M) Sdn Bhd for works at Pulau Andaman in Penang.
Ekovest to focus on Duke network expansion
Ekovest Holdings Sdn Bhd's RM1.025bil financing facility secured from MBSB Bank Bhd and MBSB Investment Bank Bhd will partly fund the Duta-Ulu Klang Expressway (Duke) highway network expansion and growth of Ekovest Bhd's other businesses such as PLS Plantations Bhd.
Theta Edge wins RM33mil PC supply deal
Theta Edge Bhd's wholly-owned subsidiary, Theta Technologies Sdn Bhd, has secured a RM33mil contract from AceTeam Networks Sdn Bhd for the procurement and supply of personal computers or PCs.
MM Computer wins GPU contract worth RM51.57mil
MM Computer Systems Bhd has accepted a purchase order for the supply of enterprise-grade, graphics processing unit or GPU-accelerated servers valued at RM51.57mil from an undisclosed customer.
Orkim takes early delivery of new vessel
Orkim Bhd's subsidiary, Orkim Marine Sdn Bhd, has taken early delivery of Orkim Jade from Fujian Southeast Shipyard.
Salutica secures Klang building project
Salutica Bhd's wholly-owned subsidiary, SLTC Venture Sdn Bhd, has secured a RM2.85mil contract from Puncak Ecocity (Klang) Sdn Bhd (PEKSB) for renovation and repair works in Klang, Selangor.
