<div class=newsTextDataWrapInner><p>This article first appeared in <em>The Edge Financial Daily</em>, on September 23, 2015.</p></div>

<div class=newsTextDataWrapInner><p>&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>KUALA LUMPUR: Flight academy operator APFT Bhd has clinched a job to erect structural steel and mechanical equipment installation from Flexsys Chemicals (M) Sdn Bhd (Flexsys), valued at RM32.79 million.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>In a filing with Bursa Malaysia yesterday, APFT said its unit, PT Technic (M) Sdn Bhd, on Sept 12 entered into an agreement with Flexsys, in relation to the deal.</p></div>

<div class=newsTextDataWrapInner><p>Under the contract, APFT is required to furnish all labour, supervision, equipment, materials, services and all other things necessary to supply, fabricate and erect structural steel and mechanical equipment installation, and related works.</p></div>

<div class=newsTextDataWrapInner><p>According to the group, the job is part of or associated with project Kuantan 2nd Crystex, which is to be constructed on the land at Flexsys’s plant, located in Kuantan, Pahang.</p></div>

<div class=newsTextDataWrapInner><p>“The work shall be completed on Nov 28, 2016,” APFT said.</p></div>

<div class=newsTextDataWrapInner><p>Flexsys is a rubber chemicals producer and is currently running a crystex insoluble sulfur plant in Kuantan.</p></div>

<div class=newsTextDataWrapInner><p>APFT expects the work to contribute positively to its earnings and net assets for the financial years ending March 31, 2016 and 2017.</p></div>

<div class=newsTextDataWrapInner><p>Shares in APFT inched up one sen or 2.22% to close at 23 sen yesterday, for a market capitalisation of RM88.58 million.</p></div>


This article first appeared in The Edge Financial Daily, on September 23, 2015.

 

KUALA LUMPUR: Flight academy operator APFT Bhd has clinched a job to erect structural steel and mechanical equipment installation from Flexsys Chemicals (M) Sdn Bhd (Flexsys), value...

APFT bags RM32.79m job

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<p>Iran’s foreign minister compared the drones used in an attack by Israel early Friday to “toys”, in comments that aimed at downplaying the significance of the strike on Iranian territory. &nbsp;</p>


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<p>Barisan Nasional (BN) component parties are required to help the candidate representing the unity government in the Kuala Kubu Baharu state by-election, said BN deputy chairman Datuk Seri Mohamad Hasan.</p>


<p>Property developer Scientex Bhd aims to provide a total of 50,000 units of quality housing units at affordable prices nationwide by 2028.</p>

<p>Scientex project general manager (property division) Tang Song Teik said that so far, the company has handed over 35,062 affordable housing units, with about 70% of them sold at prices below RM300,000.</p>


<p>A huge blast at a military base in Iraq early on Saturday killed a member of an Iraqi security force that includes Iran-backed groups. The force commander said it was an attack while the army said it was investigating and there were no warplanes in the sky at the time.</p>


<p>Deputy Minister of Communications Teo Nie Ching cautioned the public on the latest tactics of scammers impersonating ministry officials.</p>


<p>The Madani government will look into the hardship faced by the people in Sabah, especially in terms of socioeconomic poverty as well as improvements to infrastructure for the benefit of the people.</p>


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<p>Chief Minister Datuk Seri Hajiji Noor emphasised that the positive economic achievements over the past three years underscore the Sabah government's steadfast commitment to both the administration and development of the state.</p>


<p>The Madani government is committed to eradicating hardcore poverty in Sabah despite knowing the situation is quite complicated to resolve, said Prime Minister Datuk Seri Anwar Ibrahim.</p>


<p>PKR Information chief Fahmi Fadzil said no specific names were discussed regarding the leadership of the Sabah PKR State Leadership Council (MPN) at a special meeting with Prime Minister Datuk Seri Anwar Ibrahim on Saturday.</p>
