Trading ideas: SunCon, Cahya Mata, Aneka, PJBumi, Atlan, Apex, FACB, Prolintas, Green Packet, Oxford Innotech, CLMT, United Plantations
Sunway Construction Group Bhd said one of its employees is being investigated by the country's anti-graft agency over engagements with unnamed sub-contractors.
Cahya Mata Sarawak Bhd 's unit Cahya Mata Cement Sdn Bhd has awarded a RM673mn contract to Sinoma Industry Engineering (M) Sdn Bhd to build a new 6,000-tonnes-per-day clinker line at its Mambong Integrated Plant in Kuching.
Aneka Jaringan Holdings Bhd has won a RM72.3mn contract to undertake piling works for a proposed data centre development in Eco Business Park V, Ijok, Selangor.
PJBumi Bhd has clinched a contract for the supply of its ADiRA BioReactor technology to process up to 20 tonnes per day of municipal solid waste in Indonesia.
Atlan Holdings Bhd is proposing to dispose of its entire issued and paid-up share capital in United Industries Holdings Sdn Bhd to Singapore-based Duty Free International Ltd for RM175mn.
Apex Healthcare Bhd climbed to an eight-month high on Monday following news that the founding Kee family could be looking to exit the pharmaceutical company.
FACB Industries Incorporated Bhd has received a privatisation offer worth RM134.2mn from Chen Yiy Fon, the son of its late founder.
Prolintas Managers Sdn Bhd, the trustee-manager of Prolintas Infra Business Trust , has appointed Mohamad Idros Mosin as its chief executive officer effective Monday (July 21), filling a leadership vacuum that had been managed by an interim executive team since earlier this year.
Green Packet Bhd has appointed Datuk Wira Shahul Hameed Shaik Dawood as its new managing director and group chief executive officer, effective Monday.
Oxford Innotech Bhd's initial public offering has been oversubscribed by 3.4 times ahead of its listing on the ACE Market of Bursa Malaysia on July 29.
Capitaland Malaysia Trust , which reported a 7.3% increase in net property income to RM138.8mn in the 1HFY25, remains positive on its prospects for the second half of this year, but has flagged uncertainties stemming from the expanded sales and service tax and electricity tariffs revision.
United Plantations Bhd reported a 34.1% YoY jump in its second quarter net profit to RM249.4mn from RM185.9mn, driven by higher revenue.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Star
8 hours ago
- The Star
Vietnam's passport ranking rises to 84th in the world, unlocking new opportunities for global travel and integration
Vietnamese passport holders can now enter 51 destinations without a traditional visa - on par with several other developing nations. -- Photo: HANOI (Vietnam News/ANN): Vietnam's passport has climbed seven places to rank 84th out of 199 countries and territories in the Henley Passport Index for the third quarter of 2025, up from 91st earlier this year and 87th in 2024. The improvement, announced on July 22 by UK-based Henley & Partners, signals stronger global confidence in Vietnam and presents broader opportunities for its citizens in tourism, trade, and international integration. The Henley Passport Index ranks passports based on the number of destinations their holders can access without a visa, or with simplified procedures such as e-visas, visas on arrival, or electronic travel authorisations (ETAs). Vietnamese passport holders can now enter 51 destinations without a traditional visa - on par with several other developing nations. Though still ranked in the lower-middle tier globally, the recent jump reflects growing trust in Vietnam's foreign policy, administrative transparency, and international reputation. It is also one of Vietnam's most significant upward moves since Henley & Partners began tracking global passport access nearly two decades ago using data from the International Air Transport Association (IATA). Vietnamese citizens can currently travel visa-free or with simplified entry to several Asean countries, including Thailand, Singapore, Indonesia, and the Philippines, as well as to destinations in Africa, South America, Central Asia, and South Asia, such as Kenya, Panama, Kyrgyzstan, Iran, and the Maldives. In South-East Asia, Vietnam's passport ranks above Laos (92nd) and Myanmar (93rd), while Singapore remains at the top worldwide with visa-free access to 195 destinations. According to tourism and policy experts, a passport's ranking reflects more than mobility, it serves as a 'soft measure' of a country's political stability, global standing, and the trust placed in its citizens. The improvement also mirrors Vietnam's efforts in bilateral diplomacy, upgrades in e-passport systems, and negotiations for visa waivers with countries across Asia, Africa, and the Pacific. Experts also noted the broader impact on outbound tourism. Visa-free access stimulates demand for international travel and enables Vietnamese tour operators to design more diverse and high-end packages. Better passport access allows students, businesspeople, and workers to engage internationally with greater ease, enhancing Vietnam's role as a contributor to global culture, trade, and diplomacy. As Vietnam continues to modernise its passport system and expand diplomatic ties, the rising passport ranking not only reflects progress but also serves as a gateway for millions to explore the world and represent their country with pride. According to the National Statistics Office, more than 4 million Vietnamese citizens traveled abroad in the first half of 2025, marking a 53.9% increase compared to the same period in 2024. - Vietnam News/ANN
New Straits Times
11 hours ago
- New Straits Times
Humanoid robots embodiment of China's AI ambitions
SERVING craft beer, playing mahjong, stacking shelves and boxing, the dozens of humanoid robots at Shanghai's World AI Conference (WAIC) this weekend were embodiments of China's growing AI prowess and ambition. The annual event is primed at showcasing China's progress in the ever-evolving field of artificial intelligence, with the government aiming to position the country as a world leader on both technology and regulation as it snaps at the United States' heels. Opening the event on Saturday, Premier Li Qiang announced China would set up a new organisation for cooperation on AI governance, warning the benefits of development must be balanced with the risks. But in the cavernous expo next door, the mood was more giddy than concerned. "Demand is currently very strong, whether in terms of data, scenarios, model training, or artificial construction. The overall atmosphere in all these areas is very lively," said Yang Yifan, R&D director at Transwarp, a Shanghai-based AI platform provider. This year's WAIC is the first since a breakthrough moment for Chinese AI this January when startup DeepSeek unveiled an AI model that performed as well as top US systems for an apparent fraction of the cost. Organisers said the forum involved more than 800 companies, showcasing over 3,000 products – the undeniable crowd pleasers being the humanoid robots and their raft of slightly surreal party tricks. At one booth, a robot played drums, half a beat out of time, to Queen's "We Will Rock You" while a man in safety goggles and a security vest hyped up a giggling crowd. Other droids, some dressed in working overalls or baseball caps, manned assembly lines, played curling with human opponents or sloppily served soft drinks from a dispenser. While most of the machines on display were still a little jerky, the increasing sophistication year-on-year was clear to see. The Chinese government has poured support into robotics, an area in which some experts think China might already have the upper hand over the United States. At Hangzhou-based Unitree's stall, its G1 android – around 130 centimetres (four feet) tall, with a two-hour battery life – kicked, pivoted and punched, keeping its balance with relative fluidity as it shadowboxed around a ring. Ahead of the conference's opening, Unitree announced it would launch a full-size humanoid, the R1, for under US$6,000. Most high-tech helpers don't need hardware though. At the expo, AI companions – in the form of middle-aged businessmen, scantily clad women and ancient warriors – waved at people from screens, asking how their day was, while other stalls ran demos allowing visitors to create their own digital avatars. Tech giant Baidu on Saturday announced a new generation of technology for its "digital humans" – AI agents modelled on real people, which it says are "capable of thinking, making decisions, and collaborating." The company recently ran a six-hour e-commerce broadcast hosted by the "digital human" of a well-known streamer and another avatar. The two agents beat the human streamer's debut sales in some categories, Baidu said. Over 10,000 businesses are using the technology already, the department's head Wu Chenxia told AFP. Asked about the impact on jobs – one of the major concerns raised around widespread AI adoption – Wu insisted that AI was a tool that should be used to improve quality and save time and effort, which still required human input. For now, few visitors to the WAIC expo seemed worried about the potential ramifications of the back-flipping dog robots they were excitedly watching. "When it comes to China's AI development, we have a comparatively good foundation of data and also a wealth of application scenarios," said Transwarp's Yang.
Malay Mail
13 hours ago
- Malay Mail
Anwar lauds Singapore partnership over JS-SEZ boost, says Malaysia must leverage on its strategic location
MUAR, July 27 — Prime Minister Datuk Seri Anwar Ibrahim reaffirmed the federal government's commitment to strengthening the Johor-Singapore Special Economic Zone (JS-SEZ) and boosting Johor's development as a strategic national gateway. The Prime Minister said establishing the JS-SEZ will accelerate state investment flows and forge strong synergy in industrial development, workforce, and technology between the two countries. 'I called Singapore's Prime Minister at the time to negotiate. With Singapore's Prime Minister Lawrence Wong, we discussed it during a Cabinet meeting and brought nearly half of the Cabinet down to Johor — something that has never happened before,' he said in his speech at the 2025 National Month and Fly the Jalur Gemilang launching ceremony at Dataran Tanjung Emas here today. Anwar, who is also the Finance Minister, said the JS-SEZ has already begun to show encouraging results by attracting investments worth billions of ringgit in strategic sectors. He added that Malaysia cannot afford to fall behind in regional investment competition and must leverage Johor's strategic position, especially as it borders a developed country like Singapore. Anwar also expressed his appreciation to the Yang di-Pertuan Agong, who is also the Sultan of Johor, Sultan Ibrahim, for His Majesty's support in elevating Johor's potential as a key driver of the national economy. Johor recorded RM30.1 billion worth of approved investments in the first quarter of 2025, the highest in Malaysia. In January, Singapore and Malaysia signed the JS-SEZ agreement during the 11th Malaysia-Singapore Leaders' Retreat to enhance economic cooperation and attract investment. The JS-SEZ is a mega development project involving the Iskandar Development Region, Desaru, Johor Bahru, Iskandar Puteri, Tanjung Pelepas, Tanjung Bin, Pasir Gudang, Senai, Skudai, and Sedenak. The economic zone aims to attract 100 projects over a decade, among other goals. — Bernama
