Trading ideas: TNB, IHH, Paramount, Zetrix AI, LGMS, Handal, Econpile, Ho Wah, PMCK
Tenaga Nasional Bhd has resolved a technical issue that had affected the display of July's electricity usage graph on its myTNB mobile application.
IHH Healthcare Bhd is looking to potential new markets in Indonesia and Vietnam, as the Malaysian hospital operator continues building scale to offset rising healthcare costs in the region.
Paramount Property Development Sdn Bhd, a wholly owned subsidiary of Paramount Corporation Bhd has partnered with Hong Kong-based Cathay Pacific Airways Ltd for a homeownership campaign named "Traverse with Paramount", offering Asia Miles to its homebuyers.
Zetrix AI Bhd, formerly known as MyEG Services Bhd , has increased the size of its sukuk Wakalah programme to RM2bn in nominal value, doubling the original RM1bn. Zetrix said the sukuk will primarily support the continued growth of its blockchain and AI initiatives.
Cybersecurity serve provider LGMS Bhd is proposing to acquire a 27% stake in information technology company Antarex Holdings Sdn Bhd for RM22.7mn.
Handal Energy Bhd said on the group is being sued by a firm controlled by its former managing director and substantial shareholder Sunildeep Singh Dhaliwal, over an alleged outstanding debt of RM3.1mn.
Construction firm Econpile Holdings Bhd has secured a RM27mn contract for piling and pile cap works for two 37-storey serviced apartment blocks in Kelana Jaya, Selangor.
Ho Wah Genting Bhd has redesignated executive director Lim Wee Kiat as its chief executive officer, effective July 7.
Private healthcare provider PMCK Bhd made a steady debut on the ACE Market of Bursa Malaysia, opening half a sen or 2.3% higher than its IPO price of 22 sen.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Star
an hour ago
- The Star
Good turnout for amateur series at Tanjong Puteri event
The VIP flight at Tanjong Puteri Golf and Resort in Pasir Gudang. THE Bridgestone Asean Amateur Open continued its nationwide tour with the second tournament staged at Tanjong Puteri Golf & Resort in Pasir Gudang, Johor. This marks the first of three events to be hosted in Johor during the Malaysian leg of the amateur golf series. At one of Johor's more celebrated golf courses, the 18-hole Stableford tournament brought together 136 amateur players from across the country, and the region. Players competed not only for category titles but also for a chance to qualify for the grand final at Templer Park Country Club on Oct 31. The atmosphere was elevated with five attractive hole-in-one prizes, lucky draw giveaways and exclusive goodie bags featuring Bridgestone merchandise, including T-shirts, golf balls, gloves and caps – valued at more than RM500. 'We're thrilled to bring the Bridgestone Asean Amateur Open to Johor, and Tanjong Puteri was the perfect start to our southern stretch,' said Vasudevan Krishnan, managing director of Prestige Golf, the official regional partner of Bridgestone Golf. 'The response has been phenomenal, and we look forward to building even more excitement in Johor as we head to Els Club Desaru and IOI Palm Villa in the coming months.' The event concluded with a vibrant prize presentation ceremony, recognising the top scorers, including nett champion Yar Zar and gross champion Mohd Afiff Hadief. The Bridgestone series continues with the next leg scheduled for Miri Golf Club in Sarawak on July 26 and Permaipura Golf & Country Club in Kedah on Aug 3. For more information, visit
The Star
an hour ago
- The Star
ECRL project hits major milestone
Mega build: Loke officiating the Genting ECRL Project Tunnel excavation works ceremony in Bentong, Pahang.— MUHAMAD SHAHRIL ROSLI/The Star Breakthrough of Genting Tunnel sets regional railway record BENTONG: Malaysia's major infrastructure project, the East Coast Rail Link (ECRL), has reached a significant milestone with the breakthrough of the 16.39km Genting Tunnel – a new regional record. Transport Minister Anthony Loke said the Genting Tunnel is set to become the longest railway tunnel in South-East Asia upon its completion. 'It will certainly complement international trade by boosting export-oriented industries and making Malaysia more attractive to businesses,' he said at the breakthrough ceremony yesterday. 'Its last-mile connectivity between Kuantan Port and Port Klang will bring the east and west coasts closer together and ease the transfer of goods along the ECRL network.' Loke said the tunnel breakthrough symbolises not only a major engineering achievement but also the fruitful collaboration between Malaysia and China. This milestone, he added, also reflects the strong cooperation among ECRL personnel at all levels, particularly in managing excavation works across the 41 tunnels along the rail alignment. 'The ECRL is also touted as a game changer for the movement of passengers and freight in Peninsular Malaysia. It will link state capitals, key urban centres, industrial hubs, seaports, airports, and tourism zones while integrating with existing railway lines along its corridor,' he said. The Genting Tunnel has also been officially recognised in the Malaysia Book of Records for two achievements: being the longest railway tunnel and having the highest overburden. Speaking at a press conference later, Loke noted that the tunnels were designed with environmental considerations in mind, especially in traversing the Titiwangsa mountain range. 'The tunnels also reduce the need for cutting down trees,' he said. Loke also praised the strong partnership with China, stating that the project's deliverability had been clearly demonstrated. On plans to extend the ECRL to the Malaysian-Thai border, Loke said the proposal is under consideration. 'The distance from Kota Baru station to the border is about 32km. We are looking into the plan, but it is still at the study and proposal stage at the ministerial level,' he said, adding that the proposal may be tabled for Cabinet approval next year. The estimated cost of the extension is around RM2bil. The ECRL project, with a total estimated cost of RM50.27bil, spans 665km and will feature 20 stations across Peninsular Malaysia. The first phase, stretching from Kota Baru, Kelantan, to the Gombak Integrated Terminal in Selangor, is expected to be completed by December 2026 with operations slated to begin in January 2027. Phase Two, connecting Gombak to Port Klang, is scheduled for completion by December 2027 and is expected to be fully operational by January 2028.
Malaysia Sun
7 hours ago
- Malaysia Sun
Malaysian PM Anwar Ibrahim meets with Chinese FM Wang Yi
Malaysian Prime Minister Anwar Ibrahim (R) meets with Chinese Foreign Minister Wang Yi in Putrajaya, Malaysia, July 11, 2025. /Chinese Foreign Ministry Malaysian Prime Minister Anwar Ibrahim on Friday met with Chinese Foreign Minister Wang Yi in Putrajaya. Chinese President Xi Jinping's successful visit to Malaysia this year marked a major event in the history of Malaysia-China relations, Anwar said, adding that Xi's deep concern for and reflections on the future of the world have earned the heartfelt respect of the Malaysian government and its people. The fruitful cooperation between Malaysia and China in various fields has benefited the people of both countries, Anwar said. In today's world, cooperation mechanisms such as BRICS are growing with remarkable momentum as countries pursue independence, autonomy and development, he said. China has played a leading role in this process, which Malaysia highly appreciates, Anwar noted. Under the joint guidance of the two countries' leaders, China-Malaysia relations have entered the best period in their history, said Wang, also a member of the Political Bureau of the Communist Party of China Central Committee. China regards Malaysia as a sincere friend and stands ready to work with the Malaysian side to implement the important consensus reached between the two countries' leaders and to advance the building of a high-level, strategic China-Malaysia community with a shared future in a steady and substantive manner, he added. He said China fully supports Malaysia's work as the rotating chair of ASEAN and in playing a greater role in regional and international affairs. As developing countries, emerging economies, and key representatives of the Global South, China and Malaysia should join hands to meet challenges and pursue revitalization and development together, Wang said. The United States' unilateral imposition of high tariffs is irresponsible and unpopular, Wang noted. He said China will always stand with the vast number of developing countries, remain committed to high-level opening-up, share the dividends of its super-sized market and work together to expand the pie of win-win cooperation. Source: CGTN
