Latest news with #RM34.2
New Straits Times
2 days ago
- Business
- New Straits Times
iCents soars 29pct on ACE Market debut, tops trading volume at opening bell
KUALA LUMPUR: iCents Group Holdings Bhd made a strong entrance on Bursa Malaysia's ACE Market, opening at 29 sen – a five sen or 21 per cent premium over its initial public offer (IPO) price of 24 sen. The stock soared by as much as 7 sen or 29 per cent, to hit 31 sen in early trade, becoming the most actively traded counter at market open with over 58 million shares changing hands. The cleanroom solutions provider raised RM34.2 million from the listing. iCents specialises in cleanroom solutions, offering end-to-end services including engineering, procurement, construction, testing, and commissioning for key sectors such as semiconductor and electronics manufacturing, pharmaceuticals, life sciences, and data centres. Funds raised from the IPO will go towards the purchase of new machinery and equipment, as well as for business expansion, which includes establishing a new facility in Negeri Sembilan and opening new offices in Indonesia, Singapore and Sarawak. The remainder of the funds will be used for product development and for new offerings, along with marketing activities, working capital and listing-related expenses.
Daily Express
11-07-2025
- Business
- Daily Express
RM34.2 million for eight projects in Sandakan
Published on: Friday, July 11, 2025 Published on: Fri, Jul 11, 2025 By: Mardinah Jikur Text Size: Nga (right) and Vivian monitoring refurbishment of Taman Singapore Apartments. SANDAKAN: The Ministry of Local Government Development (KPKT) has allocated RM34.2 million for the implementation of eight public projects in Sandakan aimed at improving infrastructure and community wellbeing. Minister KPKT Nga Kor Ming said RM30 million from the total allocation had been granted to the Sabah Government to upgrade and construct a new waste management cell at the Labuk Solid Waste Disposal Site, the first of its kind in the district. Another RM1 million has been allocated for repainting works at Taman Singapore Apartments, with RM500,000 already utilised for the first four blocks under the Malaysian Housing Maintenance Fund (TPPM), and an additional RM500,000 approved for the remaining blocks. 'This initiative focuses on physical repairs and essential facility upgrades to ensure safer, cleaner and more comfortable living conditions in strata housing,' he said. The project is scheduled for completion by July 28. Nga also highlighted the successful restoration of the community hall at Jalan Singapore, a project previously abandoned for nearly two decades. Now fully upgraded at a cost of RM400,000, the facility has been transformed into Sabah's first pickleball court and is expected to host recreational and community activities. He made the announcement during a press conference held in conjunction with his Sentuhan Kasih KPKT tour to Sandakan on Thursday. Accompanying him were Sandakan MP Vivian Wong Shir Yee, Sandakan Municipal Council (MPS) Secretary Irman Tajuddin Edy and Ministry representatives. The visit underscores the Unity Government's commitment to addressing the welfare and development needs of Sabahans. Nga also visited several local markets including Sim-Sim, Elopura, Kim Fung, and the General Market, where KPKT approved RM2 million in total for upgrading works, with RM500,000 allocated to each site. 'These upgrades include improvements to vendor stalls to ensure a cleaner and more comfortable trading environment,' he said. Additionally, RM400,000 was approved to construct a roof over the basketball court at Taman Indah Jaya, and another RM400,000 to upgrade the futsal court at PPR Harmoni, with both projects raised by Vivian Wong in Parliament. During the same visit, Nga toured the PR1MA Residensi Borneo Cove project, completed in May 2021. Built over 9.53 acres, the affordable housing development consists of 999 apartment units across three blocks and includes amenities such as a multipurpose hall, playground, surau, kindergarten, childcare centre and futsal court. Strategically located at Jalan Buli Sim-Sim, the development has become a popular housing choice for locals. Nga said the success of these initiatives reflects the effective cooperation between KPKT, local authorities and the State Government. 'This close collaboration ensures that every project is well-managed and maximises its benefit to the people,' he said. He stressed that the efforts align with KPKT's broader vision of enhancing community wellbeing and prosperity, and reaffirmed the ministry's readiness to continue working with the State Government. Nga also urged relevant agencies, including MPS, to ensure that all eight projects funded under this record allocation for Sandakan are executed efficiently and for the benefit of the people. * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
The Sun
10-07-2025
- Business
- The Sun
KPKT approves RM34.2 mln for Sandakan development projects
SANDAKAN: The Housing and Local Government Ministry (KPKT) has greenlit RM34.2 million for various development projects in Sandakan, set to roll out in 2025. Minister Nga Kor Ming confirmed the funding, which will be managed by the ministry's agencies. Among the key projects is the RM30 million upgrade and construction of a solid waste dumpsite in Labuk, expected to finish by August 2027. Nga also announced additional allocations for housing maintenance, including RM500,000 to repaint Taman Singapore Apartment blocks, with another RM500,000 set aside for further painting works. During a site visit to the Jalan Singapore Hall restoration project, Nga highlighted the RM400,000 initiative covering cleaning, upgrades, and drain cover replacements. Further improvements include RM2 million for market upgrades at Pasar Elopura, Pasar Kim Fung, Pasar Umum, and Pasar Sim-Sim. Additionally, RM400,000 each will go toward constructing a basketball court roof in Taman Indah Jaya and upgrading a futsal court at the Harmoni People's Housing Programme. Nga stressed the importance of timely project completion to support inclusive national development and community welfare. – Bernama
New Straits Times
03-06-2025
- Entertainment
- New Straits Times
#SHOWBIZ: Ejen Ali sequel collects RM34.2mil at box office in just 11 days
KUALA LUMPUR: Ejen Ali The Movie 2 (EATM2) has officially made history, raking in over RM34.2 million in just 11 days, shattering the box office record of its predecessor. This achievement also makes EATM2 the highest-grossing local animated film in the shortest amount of time. The movie, presented by Primeworks Studios (PWS) and WAU Animation, in collaboration with Komet Productions, has also surpassed the earnings of several international productions released in May 2025, such as Thunderbolts, Mission: Impossible, and Lilo & Stitch. A recent statement by the producers said, "This proves the prowess of local productions in the face of fierce cinematic competition." It added that to date, over 2 million viewers have flocked to see EATM2. "This remarkable success is driven by an extraordinary turnout at cinemas, establishing EATM2 as the top choice for families throughout the school holidays, which began on May 29. "Many viewers have shared that they've watched the film more than once and are excited to encourage other family members to join them for a fun holiday outing." This success also reflects a positive shift in the reception of local animated films, which are increasingly gaining popularity with the general public. The film's director, Usamah Zaid Yasin, commented, "We poured our hearts into creating this sequel to meet the expectations of loyal fans who have long awaited Ejen Ali's next mission." "Our aim wasn't just to make Malaysian animation competitive with international titles. The audience's reactions—their tears, laughter, and applause in the cinema—are the most precious gifts to us and truly encourage us to continue expanding the world of Ejen Ali's storytelling. "To all the agents who have watched it multiple times, thank you for your continued support of EATM2 in cinemas," he said. Meanwhile, Media Prima Television Networks and Primeworks Studios CEO, Nini Yusof, also expressed gratitude for the new record achieved. "We are incredibly grateful and touched by the overwhelming response to Ejen Ali The Movie 2. "This RM34.2 million collection is more than just a number; it symbolises the confidence of Malaysians in the quality of local animation productions and the efforts of our local talent. "Thank you for continuing to believe in Ejen Ali's mission," she said.
