<div class=newsTextDataWrapInner><p>（吉隆坡29日讯）建筑集团Vertice Bhd与Consortium Zenith私人有限公司已相互同意终止槟城大型基建设施项目的第二配套合同。</p></div>

<div class=newsTextDataWrapInner><p>Consortium Zenith在2018年8月把这份价值8亿1500万令吉的合同授予Buildmarque Construction私人有限公司，以便在槟城兴建一条支线，连接槟城亚依淡新镇和敦林苍佑医生大道。</p></div>

<div class=newsTextDataWrapInner><p>Buildmarque是Vertice独资子公司Vertice Construction私人有限公司及Vizione控股（Vizione Holdings Bhd）独资子公司Vizione Construction私人有限公司的联营公司，各持股50%。</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>（编译：魏素雯）</p></div>

<div class=newsTextDataWrapInner><p>&nbsp;</p></div>

<div class=newsTextDataWrapInner><p><em>English&nbsp;version：<a href="https://www.theedgemarkets.com/article/vertice-and-consortium-zenith-terminate-rm815-mil-penang-mega-infrastructure-contract">Vertice, Consortium Zenith terminate RM815 mil Penang mega infrastructure contract</a></em></p></div>


（吉隆坡29日讯）建筑集团Vertice Bhd与Consortium Zenith私人有限公司已相互同意终止槟城大型基建设施项目的第二配套合同。

Consortium Zenith在2018年8月把这份价值8亿1500万令吉的合同授予Buildmarque Construction私人有限公司，以便在槟城兴建一条支线，连接槟城亚依淡新镇和敦林苍佑医生大道。

Buildmarque是Vertice独资子公司Vertice Construction私人有限公司及Vizione控股（Vizione Holdings Bhd）独资子公司Vizione C...

Vertice与Consortium Zenith终止8.15亿槟城大型基建设施合同

Loss-making Annum Bhd said on Thursday it has received a show-cause notice from Bursa Malaysia over the company's failure to issue its annual report for the financial period ended June 30, 2023 (FY2023), which was due on Oct 31, 2023.

Annum still fails to issue annual report after finding auditor following 31 rejections, hit by Bursa show-cause notice

Qualcomm shares rose 4% in premarket trading on Thursday after the smartphone-focused chipmaker signaled an AI-fueled rebound in demand, especially in China, after a two-year slump.

Sales to Chinese smartphone makers jumped 40% in the first half of its fiscal year, the company said on Wednesday, as buyers there gravitate toward higher-priced devices that can accommodate AI chatbots.

Qualcomm jumps as AI sparks rebound in Chinese smartphone market

Sarawak Cable Bhd (SCB) has once again obtained a time extension to submit its Practice Note 17 (PN17) regularisation plan from Bursa Malaysia.

The deadline has now been extended by another six months to Sept 30 from March 31, its bourse filing on Thursday showed. The original deadline was Nov 1, 2023.

Sarawak Cable gets another time extension to submit PN17 exit plan

Construction outfit and bus operator Epicon Bhd will exit Practice Note 17 (PN17) status on Friday following the completion of its regularisation plan.

Epicon, formerly Konsortium Transnasional, exits PN17 status

Hong Kong's securities regulator started an insider dealing prosecution against hedge fund Segantii Capital Management, its founder and a former trader, the watchdog said on Thursday.

The Hong Kong Securities and Futures Commission (SFC) said it had started criminal proceedings against Segantii, its founder and chief investment officer Simon Sadler, and former trader Daniel La Rocca for insider dealing in the shares of a Hong Kong-listed company prior to a block trade in June 2017.

Insider dealing charges brought against Segantii and its founder in Hong Kong

A former Hong Kong-based Societe Generale SA (SocGen) trader claimed he was fired and said the French lender should share the blame for failing to detect his wagers.

Ex-SocGen trader says he was fired after bank failed to detect his bets

Adani Enterprises Ltd’s shares slipped after it posted a 38% fall in quarterly profit, hurt by a one-time charge to provide for Covid-era airport dues.

Adani flagship’s profit slips 38% due to past airport dues

Uber Technologies Inc was sued by thousands of London’s black cab drivers in a suit seeking hundreds of million pounds, accusing it of unlawfully operating in the capital city.

Uber hit with £250m suit from London’s black cab drivers

JAKS Resources Bhd's unit has signed a memorandum of understanding (MOU) with China-based CALB Group Co Ltd to explore opportunities in the battery energy storage system (BESS) market, with a particular focus on the Southeast Asia region.

JAKS partners CALB to tap into SE Asia's battery energy storage systems market

Lotte Chemical Titan Holdings Bhd (LCTitan) logged a net loss of RM178.03 million in the first quarter ended March 31, 2024 (1QFY2024), making the group's eighth straight loss-making quarter.

LCTitan posts 8th straight quarterly loss ahead of planned plant turnaround

<p>US software giant Microsoft Corp said on Thursday it would invest US$2.2 billion (RM10.5 billion) over the next four years in cloud and artificial intelligence (AI) infrastructure in Malaysia.</p>


Microsoft to invest US$2.2 bil in Malaysia over next four years on cloud, AI

<p>Protasco Bhd, which has businesses ranging from hotel to engineering, said on Thursday it has received an offer to buy its unit Ikram Education Sdn Bhd which owns the Infrastructure University Kuala Lumpur (IUKL).</p>


Protasco gets offer from HK firm to buy its university unit

<p>Luno, a digital asset exchange (DAX) licensed by the Securities Commission Malaysia, expands its coin offerings with the launch of Cosmos (ATOM) and Polkadot (DOT).</p>


Luno launches two new digital assets

<p>Feytech Holdings Bhd's initial public offer (IPO) on Main Market of Bursa Malaysia is offering&nbsp;252.94 million shares at 80 sen apiece.&nbsp;</p>


Feytech's Main Market IPO to raise over RM201m

<p>Subang Airport, officially known as Sultan Abdul Aziz Shah Airport, will likely be able to handle jet aircraft by the third quarter this year, according to Transport Minister Anthony Loke.</p>


Subang Airport’s jet ops likely to start in 3Q, also eyes business jets — Loke

<p>Shares of Bursa Malaysia Bhd climbed to its highest in more than three years after the stock exchange operator reported better-than-expected results that prompted at least two analyst upgrades.</p>


Bursa Malaysia climbs to over three-year high after above-view 1Q

<p>The additional investment by Microsoft amounting to US$2.2 billion or RM10.5 billion in the country over the next four years is the largest single investment by the company in its 32 years in Malaysia.</p>


Microsoft’s new US$2.2b outlay is company’s largest single investment in Malaysia, says Anwar

<p>Smart Asia Chemical Bhd, an industrial paint and coating manufacturer, on Thursday has begun taking orders from investors for its ACE Market initial public offering (IPO) that would raise up to RM37.4 million.&nbsp;</p>


Smart Asia Chemical starts taking orders for ACE Market IPO to raise RM37.4 mil

<p>Shares of Duopharma Biotech Bhd surged more than 9% during early trade on Thursday following news of the pharmaceutical company securing supply contracts worth RM578.09 million in total.</p>


Duopharma Biotech surges over 9% after RM578m contract news

<p>The High Court on Thursday dismissed Tengku Datuk Zafrul Abdul Aziz's application to file an affidavit with regards to Datuk Seri Najib Razak's judicial review application to unearth an addendum to his pardon order that detailed he was to spend the remainder of his sentence under "house arrest".</p>


Court rejects Zafrul’s bid to file affidavit on Najib’s ‘house arrest’ order

<p>Shares of Ge-Shen Corp Bhd rose as much as 14.91% to a new record high of RM4.47 on Thursday, following the emergence of Chin Hin Group’s Chiau family as its second largest shareholder.</p>


Ge-Shen shares hit new high on emergence of new substantial shareholder

<p>Yinson Production, the offshore production business unit of Yinson Holdings Bhd, has closed the limited recourse term loan facility of up to US$1.3 billion (RM6.2 billion) for the pre- and post-delivery financing of the Agogo floating, production, storage and offloading (FPSO) vessel, which will be deployed in Angola.</p>


Yinson unit secures single largest term loan of US$1.3b to finance Agogo FPSO delivery

<p>Mechanical and electrical engineering services provider Pasukhas Group Bhd has secured a RM56.98 million contract to build a data centre in Selangor.</p>


Pasukhas secures RM57m contract from US company to build data centre in Selangor 

<p>US President Joe Biden included ally Japan along with rivals China and Russia in a list of countries he called “xenophobic” in a speech at a campaign fundraising event in Washington.</p>


Biden calls ally Japan ‘xenophobic’ along with China, Russia

<p>Latest data signalled further downbeat trends across the Malaysian manufacturing sector at the start of the second quarter of 2024.</p>

<p>In a statement on Thursday, S&amp;P Global Market Intelligence said that while demand remained generally subdued, there were slight indications that firms were on an upward trajectory, as firms scaled back production at a softer rate amid a slower reduction in new order inflows.</p>


Overall manufacturing conditions in Malaysia ease to lesser extent, says S&P Global

<p>The Federal Communications Commission (FCC) is moving to prevent Huawei, ZTE and other foreign companies deemed to pose US national security concerns from certifying wireless equipment, officials told <em>Reuters </em>on Wednesday.</p>


US moves to bar Huawei, other Chinese telecoms from certifying wireless equipment

<p>theedgemalaysia.com highlighted seven stocks with momentum at Bursa Malaysia’s afternoon close on Thursday. Two stocks showed positive momentum while five stocks showed negative momentum.</p>


GHL Systems, Oppstar, Bursa Malaysia, Country View, Fiamma, Marco, Tambun Indah 

<p>Malaysia’s biggest port operator Westports Holdings Bhd said on Thursday its net profit rose 11.4% year-on-year (y-o-y) in the first quarter, thanks to higher container revenue, coupled with higher finance income and share of results of a joint venture (JV).</p>


Westports' 1Q net profit up 11% on higher container revenue, finance income and share of results of JV

<p>Smart Asia Chemical Bhd, en route to Bursa Malaysia’s ACE Market, expects its new plant in Perak to triple its production capacity while allowing the paint and coating manufacturer to be closer to its clients.</p>


Smart Asia Chemical to triple capacity with new plant from IPO proceeds

<p>South Korea's SK Hynix said on Thursday its high-bandwidth memory (HBM) chips used in AI chipsets were sold out for this year and almost sold out for 2025 as businesses aggressively expand artificial intelligence services.</p>
