<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Dec 1): TCS Group Holdings Bhd has won a RM126 million contract from Saujana Permai Development Sdn Bhd to build a condominium project in Bandar Saujana Putra.</p></div>

<div class=newsTextDataWrapInner><p>The project known as Arcadia comprises two 21-storey blocks, with 315 units each, together with retail lots, the group said in a bourse filing.</p></div>

<div class=newsTextDataWrapInner><p>The completion time for the work is 40 months from January 2022.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>The contract is deemed a related party transaction as TCS managing director Datuk Tee Chai Seng and executive director Datin Koh Ah Nee hold major stakes in TCS and Saujana Permai Development.</p></div>

<div class=newsTextDataWrapInner><p>Shares of TCS settled unchanged at 40.5 sen, giving the group a market capitalisation of RM155.82 million.</p></div>


TCS Group Holdings Bhd has won a RM126 million contract from Saujana Permai Development Sdn Bhd to build a condominium project in Bandar Saujana Putra.

TCS bags RM126m contract to build condo in related party transaction

Reckitt Benckiser Group Plc said consumers are back shopping for brands again as the maker of Lysol cleaning products affirmed its outlook.

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Swedish automaker Volvo Cars said on Wednesday it expects good demand for its vehicles this year after a rise in first-quarter unit sales, though operating earnings missed forecasts due to lower revenues and losses at its Polestar business.

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French electronic manufacturing service firm eolane has launched a new manufacturing plant in Kulim Hi-Tech Park, Kedah involving an investment of €8.7 million (RM45 million) for the first phase of the project.

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TOKYO (April 24): Japan's Nikkei share average locked in a third consecutive day of gains on Wednesday, tracking Wall Street higher to break above 38,000 points, as investors continued to snap up tech-related shares.

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KUALA LUMPUR (April 24): The digitalisation strategic plan will be updated in line with digital transformation goals, said Deputy Digital Minister Datuk Wilson Ugak Kumbong.

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Indonesia's central bank delivered a surprise rate hike on Wednesday, stepping up efforts to support the rupiah currency against selling linked to global risk aversion and a delay in the expected timing of any US policy easing.

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Investors rejected Woodside Energy Group Ltd’s climate strategy in an advisory vote as Australia’s largest energy company attempts to trim emissions while also expanding production of oil and natural gas.

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More to come

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