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MidOcean Buys 20% Stake In PETRONAS’ Canadian Operations.MidOcean Energy, a liquefied natural gas (LNG) company formed a...
19/12/2025

MidOcean Buys 20% Stake In PETRONAS’ Canadian Operations.

MidOcean Energy, a liquefied natural gas (LNG) company formed and managed by institutional investor EIG, has successfully completed the acquisition of a 20% stake in key Canadian entities owned by Petroliam Nasional Bhd (PETRONAS).

The acquisition includes a 20% interest in the North Montney Upstream Joint Venture, which holds PETRONAS’ upstream oil and gas assets in Canada, as well as a 20% stake in the North Montney LNG Ltd Partnership, which represents PETRONAS’ 25% participating interest in the LNG Canada liquefaction project.

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inDrive Gets Regulatory Approval To Keep Operating In Malaysia.The Land Public Transport Agency (APAD) has approved e-ha...
19/12/2025

inDrive Gets Regulatory Approval To Keep Operating In Malaysia.

The Land Public Transport Agency (APAD) has approved e-hailing platform inDrive to continue operating in Malaysia after completing its three-month licensing review.

The approval comes after inDrive improved internal processes, document management, and regulatory compliance. APAD’s decision reflects confidence in the company’s adherence to local regulations, allowing it to continue supporting thousands of drivers across the country.

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SunCon Wins RM570 Million Johor Data Centre Project From US Tech Firm. Sunway Construction Group Bhd (SunCon) announced ...
19/12/2025

SunCon Wins RM570 Million Johor Data Centre Project From US Tech Firm.

Sunway Construction Group Bhd (SunCon) announced that its subsidiary, Sunway Construction Sdn Bhd (SCSB), has secured a RM570 million contract to carry out core and shell works for a data centre in Johor.

The contract, awarded by an undisclosed US-based technology company, will begin immediately and is expected to be completed by the fourth quarter of 2026.

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OCK Secures Selangor Deal To Ensure Steady Recurring Income.OCK Group Bhd has entered a strategic collaboration with Sma...
19/12/2025

OCK Secures Selangor Deal To Ensure Steady Recurring Income.

OCK Group Bhd has entered a strategic collaboration with Smartsel Sdn Bhd, a Selangor state government-owned digital infrastructure company, to develop 40 km of high-capacity underground optical fibre in Cyberjaya.

The partnership, based on a revenue-sharing model, is expected to generate recurring income for the group.

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CTOS Digital To Sell 26% Stake In Experian For RM80m.CTOS Digital Bhd is selling its entire 26% stake in Experian Inform...
19/12/2025

CTOS Digital To Sell 26% Stake In Experian For RM80m.

CTOS Digital Bhd is selling its entire 26% stake in Experian Information Services (Malaysia) Sdn Bhd to Experian (Malaysia) Sdn Bhd for RM80 million in cash.

CTOS acquired the stake in 2019 for RM56.2 million. The disposal is expected to generate a one-off gain of about RM18 million, which could boost earnings per share by roughly 30% based on the group’s nine-month results ended Sept 30, 2025.

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Gadang JV Signs 25-Year PPA For Tawau Solar Project.Gadang Holdings Bhd, together with joint venture partner Hotrend Cor...
19/12/2025

Gadang JV Signs 25-Year PPA For Tawau Solar Project.

Gadang Holdings Bhd, together with joint venture partner Hotrend Corporation Sdn Bhd, has signed a 25-year power purchase agreement (PPA) with Sabah Electricity Sdn Bhd for a 15MW large-scale solar project in Tawau, Sabah.

The agreement was signed by Tenaga Aspirasi Sdn Bhd, the project company, which is 60% owned by Gadang’s wholly owned subsidiary, Regional Utilities Sdn Bhd, and 40% by Hotrend.

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Muhibbah Engineering Wins Up To RM850m Contract From PETRONAS Carigali.Muhibbah Engineering (M) Bhd has secured a contra...
19/12/2025

Muhibbah Engineering Wins Up To RM850m Contract From PETRONAS Carigali.

Muhibbah Engineering (M) Bhd has secured a contract from PETRONAS Carigali Sdn Bhd to carry out minor engineering, procurement and construction (EPC) works for wellhead platforms under the Sepat Integrated Redevelopment Project offshore Terengganu.

In a filing with Bursa Malaysia, the group said the offshore project, located northeast of Kuala Terengganu, is valued at between RM700 million and RM850 million.

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TheExchangeAsia

JobStreet By SEEK Partners With TARA Foundation To Boost Access To Education.Jobstreet by SEEK today announced the renew...
18/12/2025

JobStreet By SEEK Partners With TARA Foundation To Boost Access To Education.

Jobstreet by SEEK today announced the renewal of its collaboration with TARA Foundation, continuing its Corporate Social Responsibility (CSR) initiative to support underprivileged students across Malaysia.

The partnership helps TARA Centres provide free after-school tuition and meals to children from low-income communities.

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Carlsberg Charity Raises Over RM600 Million For Education.Starting as a small fundraiser nearly 40 years ago, Carlsberg ...
18/12/2025

Carlsberg Charity Raises Over RM600 Million For Education.

Starting as a small fundraiser nearly 40 years ago, Carlsberg Malaysia’s Top Ten Charity Campaign (Top Ten) has grown into a nationwide initiative supported by Parent-Teacher Association (PTA) committees, donors, media partners, and the public, all united in strengthening vernacular education.

Since 1987, Top Ten has raised a total of RM600 million, including RM14.8 million raised this year alone, cementing its role as Malaysia’s longest-running and most impactful Chinese education charity platform.

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MSIG Malaysia Expands Mangrove Conservation Partnership With MNS.MSIG Insurance (Malaysia) Bhd (“MSIG Malaysia”) has rei...
18/12/2025

MSIG Malaysia Expands Mangrove Conservation Partnership With MNS.

MSIG Insurance (Malaysia) Bhd (“MSIG Malaysia”) has reinforced its commitment to coastal conservation through an ongoing partnership with the Malaysian Nature Society (MNS), supporting a mangrove planting initiative at Kuala Selangor Nature Park (KNSP).

The activity saw 20 Kelab Pencinta Alam (KPA) school eco clubs plant 1,200 mangrove saplings, sponsored by MSIG.

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U Mobile To Roll Out 5G In 70% Of IGB’s Malaysian Properties.U Mobile, Malaysia’s newest 5G network provider, has partne...
18/12/2025

U Mobile To Roll Out 5G In 70% Of IGB’s Malaysian Properties.

U Mobile, Malaysia’s newest 5G network provider, has partnered with IGB Berhad in its largest in-building 5G deployment to date.

The collaboration will bring next-generation 5G connectivity to 20 IGB properties nationwide, including iconic malls such as Mid Valley Megamall, The Gardens Mall in Kuala Lumpur, and The Mall, Mid Valley Southkey in Johor Bahru.

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CelcomDigi And Partners Provide Relief And Connectivity Aid To Affected Families.Following the company’s flood preparedn...
18/12/2025

CelcomDigi And Partners Provide Relief And Connectivity Aid To Affected Families.

Following the company’s flood preparedness announcement in October, CelcomDigi Berhad (CelcomDigi) has activated its nationwide flood relief efforts to ensure those affected remain safe, connected and supported.

In collaboration with the Malaysian Relief Agency (MRA) and Malaysian Red Crescent (MRC), the company has commenced the delivery of essential aid and connectivity solutions to several temporary relief centres (Pusat Pemindahan Sementara – PPS) nationwide to benefit more than 50,000 affected people.

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