<div class=newsTextDataWrapInner>KUALA LUMPUR (March 20): &nbsp;Salcon Bhd shares jumped 9.26% early Tuesday after the firm’s engineering unit has secured a water treatment plant construction contract in Sabah worth RM124.7 million.</div>

<div class=newsTextDataWrapInner>At 9.05am,Salcon rose 2.5 sen to 29.5 sen with 813,600 shares traded.</div>

<div class=newsTextDataWrapInner>It said the contract, awarded to its unit Salcon Engineering Bhd by Rintis Dinamik Sdn Bhd, will involve works for the capacity expansion works for the Telibong II water treatment plant in Tamparuli.</div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner>The expansion, which will be carried out on its main pipeline and storage tank, will increase the plant’s capacity from 80 million to 160 million litres a day.</div>

KUALA LUMPUR (March 20):  Salcon Bhd shares jumped 9.26% early Tuesday after the firm’s engineering unit has secured a water treatment plant construction contract in Sabah worth RM124.7 million.

At 9.05am,Salcon rose 2.5 sen to 29.5 sen with 813,600 shares traded.

It said...

Salcon jumps 9.26% on securing Sabah water treatment contract 

Oil prices rose on Friday, on track to end higher this week after two straight weeks of losses, after a top US official expressed optimism over economic growth and as supply concerns lingered due to conflicts in the Middle East.

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JAKARTA (April 26): Indonesia needs to anticipate any impact on the domestic economy of the recent escalation in geopolitical tensions in the Middle East and delays in US monetary easing, which will also affect the government's budget, its finance minister said on Friday.

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APS Asset Management Pte founder Kok-Hoi Wong is preparing to step down as chief investment officer (CIO) of the Singapore-based hedge fund in the coming year.

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The Malaysian Anti-Corruption Commission (MACC) has given businessmen Mirzan Mahathir and Tan Sri Mokhzani Mahathir a 30-day extension from Friday to declare their assets to the anti-graft body.

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BENGALURU/KOTTAYAM, India (April 26): India began voting on Friday in the second phase of the world's biggest election, as Prime Minister Narendra Modi and his rivals raise the pitch of the campaign by focusing on hot-button issues such as religious discrimination, affirmative action and taxes.

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Mercury Securities Sdn Bhd has valued ACE Market-bound Sin-Kung Logistics Bhd at 14 sen based on a 14 times financial year 2025 (FY2025) earnings per share forecast of one sen.

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Doctor-turned-businessman Tan Sri Mohan MK Swami and his partner Datuk Seri Dr Shamir Kumar Nandy agreed on Friday to acquire a 58% stake in property management company Turiya Bhd for RM52.86 million from MAA Group Bhd.

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RHB Retail Research said YTL Corp Bhd is eyeing to extend the upside movement after it staged a bullish breakout.

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Wall Street stocks closed lower on Thursday as markets were stunned by data showing slower-than-expected US economic growth and persistent inflation, coupled with a sell-off in large cap stocks triggered by disappointing results from Meta Platforms.

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Uday Kotak built his Kotak Mahindra Bank Ltd over decades to become Asia’s richest banker. After India’s regulator slapped his firm with a surprise ban, he’s facing one of his biggest tests yet — and a dip in wealth.

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RHB Retail Research said VS Industry Bhd is poised to continue the bullish trajectory after it broke past the key resistance on high volume.

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More to come
...

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