Scicom eyes international expansion with self-funding govtech border infrastructure model
KUALA LUMPUR: Scicom (MSC) Bhd is accelerating its international government technology (GovTech) expansion, leveraging a public-private financing model designed to help sovereign governments modernise border security without heavy upfront capital expenditure.
South Korea says Nvidia issues won't affect contracted GPU supplies
SEOUL: South Korea expects contracted deliveries of Nvidiagraphics processing units (GPUs) to proceed without disruption despite a controversy surrounding the chipmaker's chief executive Jensen Huang, Seoul's deputy science minister said on Monday.
West River bets on higher-margin contracts
PETALING JAYA: Mechanical and electrical (M&E) engineering services provider West River Bhd is putting the company's proposed factory and warehouse expansion on hold as engineering contracts offering more immediate returns are prioritised, while targeting profit growth of 30% to 50% for the financial year ending Dec 31, 2027 (FY27).
Strong freight business to support Tasco’s outlook
PETALING JAYA: Logistics solutions specialist Tasco Bhd's outlook remains positive following the company's second-quarter ended Sept 30, 2026 (2Q27) financial results, announced on Nov 5, which largely met expectations.
Coraza on track for another record earnings year
PETALING JAYA: Coraza Integrated Technology Bhd is targeting another record earnings year for the financial year ending Dec 31, 2026 (FY26) supported by a RM220mil order book, robust semiconductor demand and improving operational efficiencies, according to TA Research.
Paramount-Mitsui JV set for long-term growth
PETALING JAYA: Paramount Corp Bhd's joint venture (JV) with Japanese property developer Mitsui Fudosan Co Ltd is viewed positively for the longer-term prospects of the RM1.34bil The Ashbourne project in downtown Kuala Lumpur's prestigious Jalan U Thant neighbourhood, says TA Research.
Velesto’s Naga 3 rig still up for sale
PETALING JAYA: Upstream drilling services provider Velesto Energy Bhd, which recently secured a contract for the company's jack-up rig, Naga 3, will still be considered for sale given demand stemming from the Middle East conflict emphasising energy security.
IGB Commercial-REIT banks on Mid Valley resilience for growth
PETALING JAYA: IGB Commercial Real Estate Investment Trust (IGB Commercial- REIT) is expected to sustain steady earnings growth, supported by stable occupancy and modest rental increases, according to RHB Research.
Pekat eyes 2,000MW renewable energy jobs by 2029 amid Cress push
PETALING JAYA: Pekat Group Bhd could secure up to 2,000MW of Corporate Renewable Energy Supply Scheme (Cress) projects over the next three years, positioning the solar engineering company for stronger earnings growth, according to UOB Kay Hian (UOBKH) Research.
Putin expands temporary administration of Japan Tobacco assets in Russia
MOSCOW: Russian President Vladimir Putin has expanded the list of Japan Tobacco International (JTI) businesses placed under temporary administration in Russia, adding three more companies to those included in the original order issued last Thursday.
