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MN Holdings secures RM122.31mil underground cable contract from TNB

PETALING JAYA: MN Holdings Bhd has secured a contract from Tenaga Nasional Bhd for the installation of a new double-circuit 132 kilovolt (kV) underground cable from PMU Tasek Gelugor to PMU Bertam, worth RM122.31mil.

Sheng Long invests RM140mil to build its first aquaculture food factory in Taiping

IPOH: Agriculture and livestock-related company Sheng Long Aqua Technology (M) Sdn Bhd has invested RM140 million to build a new factory in Kamunting, Taiping.

Hup Seng records higher 2Q earnings

PETALING JAYA: Hup Seng Industries Bhd said the operating environment is expected to remain challenging due to intense competition in the domestic market, cautious consumer spending and continued uncertainty surrounding input costs.

Inta Bina secures RM115.65mil construction contract

KUALA LUMPUR: Inta Bina Group Bhd has secured a RM115.65mil construction contract from Sime Darby Property (KL East) Sdn Bhd for main building works in Kuala Lumpur.

Hextar Portfolio makes RM0.43 per share takeover offer for Hextar Retail

PETALING JAYA: Hextar Portfolio Sdn Bhd, on behalf of Datuk Ong Choo Meng, has made a conditional voluntary takeover offer to acquire all remaining shares in Hextar Retail Bhd that are not already owned by the offeror and its ultimate offeror, at RM0.43 per share.

Well Chip plans new pawnshops to drive growth

KUALA LUMPUR: Well Chip Group Bhd plans to expand its pawnshop network in Melaka and Johor as it looks to strengthen its market presence and grow its pawnbroking business.

ITMAX secures RM134.3mil Kota Kinabalu digital connectivity project

PETALING JAYA: ITMAX System Bhd has received approval from the Malaysian Communications and Multimedia Commission to provide communications infrastructure and digital connectivity services for the Kota Kinabalu Smart City Project.

MRCB, TECO to develop AI-ready modular data centres in Malaysia

KUALA LUMPUR: Malaysian Resources Corp Bhd (MRCB) and Taiwan-based TECO Electric & Machinery Co Ltd (TECO) are working towards a strategic partnership for the development, deployment and operational validation of next-generation AI-ready Modular Data Centres (MDC).

Sony, TSMC to spend US$6.3bil to jointly make image sensors

TOKYO: Sony Group and Taiwan's TSMC plan to spend around 1 trillion yen ($6.32 billion) to jointly make next-generation microchips used in image sensors, the Nikkei business daily said on Monday.

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KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.