Trading ideas: Econpile, LBA, Kelington, Time dotCom, Wang-Zheng, Perdana Petroleum
Econpile, through its wholly-owned subsidiary Econpile (M) Sdn Bhd, has bagged two separate contracts from LFE Engineering Sdn Bhd and LFE Innovative Sdn Bhd for a combined sum of RM57.95mil.
LBA is acquiring a parcel of leasehold industrial land in Banting, Selangor from Lucksoon Coatings Sdn Bhd for RM22mil.
Kelington has signed a memorandum of understanding (MoU) with PETRONAS CCS Solutions Sdn Bhd to explore carbon capture technologies.
Time Dotcom has appointed Loh Jenkim, 53, as group chief executive officer effective Sept 23, 2025, succeeding Afzal Abdul Rahim.
Afzal, 47, will be redesignated to executive vice chairman from group CEO, effective Sept 23.
Wang-Zheng estimates a provisional loss of approximately RM20mil from the fire that had broken out at the factory and warehouse of its wholly-owned subsidiary, Carefeel Cotton Industries (M) Sdn Bhd.
Perdana Petroleum's wholly-owned subsidiary Perdana Nautika Sdn Bhd has secured a charter contract from PTTEP Sabah Oil Ltd for an anchor handling tug and supply (AHTS) vessel.
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The Star
17 hours ago
- The Star
Trading ideas: Econpile, LBA, Kelington, Time dotCom, Wang-Zheng, Perdana Petroleum
KUALA LUMPUR: Stocks to watch today include Econpile Holdings Bhd , LB Aluminium Bhd (LBA), Kelington Group Bhd , TIME Dotcom Bhd , Wang-Zheng Bhd , and Perdana Petroleum Bhd following recent corporate announcements. Econpile, through its wholly-owned subsidiary Econpile (M) Sdn Bhd, has bagged two separate contracts from LFE Engineering Sdn Bhd and LFE Innovative Sdn Bhd for a combined sum of RM57.95mil. LBA is acquiring a parcel of leasehold industrial land in Banting, Selangor from Lucksoon Coatings Sdn Bhd for RM22mil. Kelington has signed a memorandum of understanding (MoU) with PETRONAS CCS Solutions Sdn Bhd to explore carbon capture technologies. Time Dotcom has appointed Loh Jenkim, 53, as group chief executive officer effective Sept 23, 2025, succeeding Afzal Abdul Rahim. Afzal, 47, will be redesignated to executive vice chairman from group CEO, effective Sept 23. Wang-Zheng estimates a provisional loss of approximately RM20mil from the fire that had broken out at the factory and warehouse of its wholly-owned subsidiary, Carefeel Cotton Industries (M) Sdn Bhd. Perdana Petroleum's wholly-owned subsidiary Perdana Nautika Sdn Bhd has secured a charter contract from PTTEP Sabah Oil Ltd for an anchor handling tug and supply (AHTS) vessel.
The Star
17 hours ago
- The Star
Econpile wins contracts worth RM58mil
The contracts are expected to contribute positively to the revenue and earnings of the company from the financial year ending June 30, 2026. PETALING JAYA: Econpile Holdings Bhd , through its wholly-owned subsidiary Econpile (M) Sdn Bhd, has bagged two separate contracts from LFE Engineering Sdn Bhd and LFE Innovative Sdn Bhd for a combined sum of RM57.95mil. In a filing with Bursa Malaysia, the construction firm said the contracts were in relation to the construction services and the supply and delivery of material for the design and build of alteration, underpinning, and strengthening works for the proposed development of Oasis Ara, at Ara Damansara, Selangor. Econpile clinched the construction services contract worth RM27.99mil from LFE Engineering, as well as the material supply and delivery contract worth RM29.96mil from LFE Innovative. The contract period of the awards is 21 months from June 30, 2025, and are expected to contribute positively to the revenue and earnings of the company from the financial year ending June 30, 2026.
The Star
a day ago
- The Star
Econpile wins RM58mil contracts for Oasis Ara project in Selangor
PETALING JAYA: Econpile Holdings Bhd , through its wholly-owned subsidiary Econpile (M) Sdn Bhd, has bagged two separate contracts from LFE Engineering Sdn Bhd and LFE Innovative Sdn Bhd for a combined sum of RM57.95mil. In a filing with Bursa Malaysia, the construction firm said the contracts are in relation to the construction services and the supply and delivery of material for the design and build of alteration, underpinning, and strengthening works for the proposed development of Oasis Ara, at Ara Damansara, Selangor. Econpile clinched the construction services contract worth RM27.99mil from LFE Engineering, as well as the material supply and delivery contract worth RM29.96mil from LFE Innovative. The contract period of both awards is 21 months from June 30, 2025, and are expected to contribute positively to the revenue and earnings of the company from the financial year ending June 30, 2026 onwards.
