KUALA LUMPUR: Gamuda Bhd ’s net profit surged 56 per cent to RM221.49 million in the third quarter ended April 30, 2022 (Q3 FY2022), from RM141.89 million in the preceding year’s corresponding quarter. The improved net profit was attributed to better earnings performance from its construction and property divisions, it said in a filing with Bursa Malaysia today. … [Read more...] about Gamuda records higher net profit of RM221.49mil in 3Q
Steel used in construction
Ahmad Zahid denies blaming ex-staff member to ‘save his own neck’
KUALA LUMPUR: Datuk Seri Dr Ahmad Zahid Hamidi has denied shifting the blame on his former staff member in order to exonerate himself in the corruption trial involving Yayasan Akalbudi (YAB). During a cross-examination conducted by deputy public prosecutor Datuk Raja Rozela Raja Toran, Ahmad Zahid was asked about the cheques issued by YAB and the role his former executive … [Read more...] about Ahmad Zahid denies blaming ex-staff member to ‘save his own neck’
PetChem inks MoU with AFES
KUALA LUMPUR: Petronas Chemicals Group Bhd (PCG) and Alam Flora Environmental Solutions Sdn Bhd (AFES) are collaborating for the supply of plastic waste, food waste and evaluating potential partnership to build waste segregation facilities in Malaysia. In a statement, PCG said the collaboration was formalised with both parties signing a memorandum of understanding (MoU) … [Read more...] about PetChem inks MoU with AFES
Australia launches hub to help cut plastic waste in region
AUSTRALIA’S national science agency has announced to open a hub in Vietnam to help reduce plastic waste in the region. The Plastics Innovation Hub Vietnam will be run out of the Australian Embassy in Hanoi by the Commonwealth Scientific and Industrial Research Organisation (CSIRO) in partnership with Vietnam’s Ministry of Science and Technology. It will oversee … [Read more...] about Australia launches hub to help cut plastic waste in region
Qhazanah Sabah inks MoU with Berjaya Land for study on KK airport move to Kimanis
KUALA LUMPUR: The Sabah Government’s strategic investment arm, Qhazanah Sabah Bhd (QSB) has signed a memorandum of understanding (MoU) with Berjaya Land Bhd (BLand) to explore the possible relocation of Kota Kinabalu International Airport (KKIA) to Kimanis. “The MoU establishes preliminary collaboration between both companies, paving the way for QSB to carry out … [Read more...] about Qhazanah Sabah inks MoU with Berjaya Land for study on KK airport move to Kimanis