Space42, Viasat To Form Shared Space And Ground Infrastructure Platform

KUALA LUMPUR, Sept 14 (Bernama) -- Space42, the United Arab Emirates (UAE)-based artificial intelligence (AI)-powered SpaceTech company, and Viasat Inc have signed an agreement to formally establish Equatys, a shared space and ground infrastructure platform, with the two companies to make an initial equity contribution of up to US$1 billion. (US$1 = RM4.06)

Kelington Group Secures RM1.83 Bln Works Contract In India

KUALA LUMPUR, Sept 14 (Bernama) -- Integrated engineering solutions provider Kelington Group Bhd has secured a RM 1.83 billion turnkey project from a leading semiconductor manufacturer in India.

Petronas Carigali, Partners Secure New PSC For MTJDA Block A-18-01

KUALA LUMPUR, Sept 14 (Bernama) -- Petronas Carigali Sdn Bhd’s (Petronas Carigali) wholly owned subsidiary, PC JDA Ltd (PC JDA), together with PTTEP JDX Thailand Ltd Co and PTTEP JDX Thailand (JDA) Ltd (collectively, PTTEP JDX), has received approvals from the Malaysian and Thai governments for the new production sharing contract (PSC) for Block A-18-01 in the Malaysia-Thailand Joint Development Area (MTJDA).

Kerjaya Prospek Wins RM37.82 Mln Contract From Persada Mentari

KUALA LUMPUR, Sept 14 (Bernama) -- Kerjaya Prospek Group Bhd (KPGB) has secured a construction project valued at RM37.82 million from Persada Mentari Sdn Bhd.

United Asiapac Energy To Expand Well Intervention Services

KUALA LUMPUR, Sept 14 (Bernama) -- Sarawak-based oil and gas (O&G) services firm, United Asiapac Energy Bhd, is set to further expand its well intervention services business in East Malaysia following its debut on the ACE Market of Bursa Malaysia today.

FBM KLCI Futures Opens Lower On Monday

KUALA LUMPUR, Sept 14 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts on Bursa Malaysia Derivatives opened lower on Monday.

Gold Futures Likely To Trade Within Narrow Range Next Week

By Abdul Hamid A Rahman

KUALA LUMPUR, Sept 12 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade within a narrow range next week, with expectations of higher interest rates likely to limit the precious metal’s upside potential.

Profit-taking Seen Weighing On CPO Futures Next Week, Prices At RM4,400-RM4,500 Per Tonne

By Siti Noor Afera Abu

KUALA LUMPUR, Sept 12 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade between RM4,400 per tonne and RM4,500 per tonne next week, with profit-taking likely to weigh on the market amid ample palm oil stocks.

KLCI Futures Expected To Consolidate Within 1,680-1,710 Points Range Next Week

By Rosemarie Khoo Mohd Sani and Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 12 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures are expected to consolidate within the 1,680-1,710 points range next week, with scope for a technical recovery should global risk sentiment stabilises.

Citaglobal Unit Bags RM82.1 Mln Subcontract To Build Residential College

KUALA LUMPUR, Sept 11 (Bernama) -- Citaglobal Bhd’s wholly owned subsidiary, Citaglobal Land Sdn Bhd, has secured a design-and-build subcontract worth RM82.1 million to construct a residential college. 

CPO Futures End Lower On Rising Stocks, Production

By Siti Noor Afera Abu

KUALA LUMPUR, Sept 11 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives finished lower on Friday amid ongoing concerns over rising stock levels and production in the country.

KLCI Futures Close Lower, Tracking Cash Market

KUALA LUMPUR, Sept 11 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives closed lower on Friday, tracking the underlying cash market performance.