Trading ideas: TCS, Handal, Binastra, DLMI, Hibiscus, Cape EMS, Dialog, Star, APM, Comfort, Hextar

TheStar Wed, Nov 20, 2024 07:52am - 1 year View Original


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

TCS Group Holdings Bhd’s wholly-owned subsidiary, TCS Construction Sdn Bhd, has been awarded a RM611.3mn contract by Sabah Public Works Department for the construction of a new highway and road upgrades on the Pan Borneo Sabah Highway Phase 1B.

Handal Energy Bhd was slapped with a RM132.6mn counterclaim from a former JV partner, alleging the company breached their JV agreement by selling its 49% stake in marine sand mining JV Handal Borneo Resources Sdn Bhd without her consent or knowledge.

Binastra Corp Bhd has accepted a letter of award worth RM256.45mn from Exsim Jalil Link Sdn Bhd for mechanical and electrical fit-out works relating to a data centre in Bukit Jalil, Kuala Lumpur.

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