<div class=newsTextDataWrapInner><p>KUALA LUMPUR (July 4): UEM Edgenta Bhd has secured contracts for the provision of hospital support services to the Ministry of Health, Singapore, worth up to RM540.06 million. &nbsp;</p></div>

<div class=newsTextDataWrapInner><p>In a filing with Bursa Malaysia today, UEM Edgenta said its indirect 97.46% subsidiary UEMS Solutions Pte Ltd accepted the contracts for the provision of hospital support services to the restructured hospitals in Singapore, which include housekeeping and portering services. &nbsp;</p></div>

<div class=newsTextDataWrapInner><p>The total value of the contracts is estimated to be between RM429.96 million to RM540.06 million, with the final value dependent on the actual manpower resources deployed, it said. &nbsp;</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>The duration of the contracts ranges from three- to five years, with options to extend for another two- to five years. The effective dates of the contracts are between April 1, and Aug 1, 2019.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>"The contracts are expected to contribute positively to the future earnings and net assets per share of UEM Edgenta Group, and it will not have any effect on the issued and paid-up share capital, or on the shareholding of the substantial shareholders of the company," UEM Edgenta said. &nbsp;</p></div>

<div class=newsTextDataWrapInner><p>Its shares closed up 1 sen or 0.35% to RM2.85 today, for a market capitalisation of RM2.37 billion.&nbsp;</p></div>


UEM Edgenta Bhd has secured contracts for the provision of hospital support services to the Ministry of Health, Singapore, worth up to RM540.06 million.  

In a filing with Bursa Malaysia today, UEM Edgenta said its indirect 97.46% subsidiary UEMS Solutions Pte Ltd accepted the contracts for the provision of hospital support services to the restructured hospitals in Singapore, which include housekeeping and portering services.

UEM Edgenta unit bags RM540m hospital contracts from Singapore govt

A disappointing earnings report from Meta Platforms Inc has technology investors on edge ahead of results from some of the stock market’s biggest and most important companies in the coming days.

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The US plans to award Micron Technology Inc US$6.1 billion (RM29.14 billion) in grants and as much as US$7.5 billion in loans to help the memory-chip maker build new American factories, rounding out a slew of major federal awards for advanced semiconductor manufacturing.

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Barclays reported a 12% fall in first quarter profit on Thursday, as a squeeze on UK mortgage pricing, lower income from trading and a drought of M&A fees showed the difficulties it will face in delivering its first strategic revamp in a decade.

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<p>KUALA LUMPUR (April 25): Members of the the Employees Provident Fund (EPF) who are below 55 years old will have an Account 3 starting from May 11, from which they can make withdrawals at any time for any purpose —&nbsp;subject to a minimum withdrawal amount of RM50. This is on top of the two existing accounts they currently have for retirement savings.&nbsp;</p>


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<p>Digital Nasional Bhd (DNB), the state-owned company in charge of the 5G network infrastructure rollout, on Thursday named five new board members, comprising senior leaders from the telecom and technology industries.</p>


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<p>Sports retailer Al-Ikhsan Sports Sdn Bhd, in which state-owned private equity firm Ekuiti Nasional Bhd (Ekuinas) owns a 35% stake, has appointed Datuk Hishammudin Hasan as its new chief executive officer effective April 17.</p>


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<p>Wireless carrier Axiata Group Bhd and conglomerate PT Sinar Mas Group are moving forward with plans to merge their telecommunications operations in Indonesia, people familiar with the matter said.</p>


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<p>KUALA LUMPUR (April 25): Mega First Corp Bhd shares have likely peaked following a recent rally to new all-time highs, and investors should stop buying the stock now, Maybank Investment Bank (Maybank IB) said and downgraded the stock to ‘hold’.</p>

<p>Maybank IB is the first from a total of fi...

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<p>Housing and Local Government Minister Nga Kor Ming’s press secretary Pang Sock Tao was announced as the unity government’s candidate for the Kuala Kubu Baharu by-election on May 11.</p>


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<p>KUALA LUMPUR (April 25): Agricore CS Holdings Bhd, a food ingredients supplier, has obtained approval from Bursa Malaysia Securities Bhd to list on its ACE Market.</p>


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<p>RHB Retail Research said Naim Holdings Bhd is likely to resume its uptrend after the recent consolidation above the 97.5 sen breakout level.</p>


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<p>The Court of Appeal has allowed a bid by Tan Sri Muhyiddin Yassin to have a bench of five judges to hear his review application to restore his acquittal by the High Court of four of his abuse of power charges last year.</p>

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<p>JOHOR BAHRU (April 25): The Johor branch of the Malaysian Quarantine and Inspection Services Department (Maqis) found parasitic worms Anisakis sp in samples of sardine cans from China that were brought in through the Sultan Iskandar Building (BSI) here, earlier this month.</p>


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<p>RHB Retail Research said NationGate Holdings Bhd is observing a technical breakout after climbing above the RM1.70 immediate resistance on surging trading volume.</p>


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<p>Singapore's Keppel said on Thursday its first-quarter net profit excluding the effects of legacy offshore and marine assets was higher, boosted by strong performance in the global asset manager's infrastructure and connectivity segments.</p>
