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PETALING JAYA: Construction outfit Pintaras Jaya Bhd has been awarded a contract worth RM68.5mil by Bina Puri Holdings Bhd to undertake piling and substructure works for a project located in Brickfields, Kuala Lumpur. (2-0)
KUALA LUMPUR: JF Apex Research expects Econpile Holdings Bhd , Hai-O Enterprise Bhd , United Malacca Bhd , Bina Puri Holdings Bhd and Chin Hin Group Bhd to generate trading interest today following their latest news. (2-0)
Direct negotiation: The PDP for the MRT1 and MRT2 projects, MMC-Gamuda, was appointed via direct negotiation. (3-0)
Group executive director Kho Pok Tong(filepic) said KKB was pursuing the supply of steel water pipes, guard rails and low/high tension steel poles required for the construction and upgrading of the over 700km Sabah portion of the highway (7-0)
MarketWatch: US stocks fell on Wednesday as energy sector shares dropped for a fourth straight session, tracking crude prices, while a late run-up was thwarted by concerns over the passage of a tax revamp after Republican senators were critical of the proposal. The DJIA fell 138.19 points, or 0.59%, to close at 23,271.28, the S&P 500 .SPX ended down 0.55% at 2,564.62 and the Nasdaq dropped 31.66 points, or 0. (42-0)
PETALING JAYA: Bina Puri Holdings Bhd has secured a RM35.5mil contract to undertake the pavement works and temporary road diversion from Aktif Unggul Sdn Bhd,
PT Megapower Makmur listed 245 million shares (30 per cent) under the code MPOW, with an opening price of Rp 340 (RM 0.11), up 70 per cent from the offering price of Rp 200 per share. ― Reuters picJAKARTA, July 6 — Bina Puri Holdings Bhd has achieved its latest milestone, when its subsidiary, an Independent electricity producer PT Megapower Makmur (MPOW) made its debut on the Indonesia Stock Exchange (IDX) yesterday, making the First Non-Government Link Company (Malaysia, GLC) to successfully listed on the Indonesia Stock Exchange (IDX), Bursa Efek Indonesia.
MarketWatch: A steep drop in oil prices dragged energy shares lower and kept the Dow and S&P 500 in check on Wednesday, while the Nasdaq was buoyed by gains in tech stocks. The DJIA fell 1.1 points, or 0.01%, to close at 21,478.17, the S&P 500 gained 3.53 points, or 0.15%, to 2,432.54 and the Nasdaq added 40.80 points, or 0.67%, to 6,150.86. - Reuters
Officials from Bina Puri Holdings Bhd and PT Megapower Makmur Tbk, during the latter's listing on the Indonesia Stock Exchange on July 5.
MarketWatch: The large-cap technology sector is expected to see a bump in its growth weighting when index provider FTSE Russell completes the annual refresh of its benchmarks next Friday, a move that could lift tech shares targeted in the rejig. The increased significance of tech comes on the heels of an around 20% gain in the sector this year which led to a pullback over the last week. - Reuters (0-2)
Bina Puri group executive director Datuk Matthew Tee confirmed the listing date and told StarBiz that Megapower’s final prospectus would be released on June 16 in tandem with the final approval for the listing from Indonesia’s Financial Supervisory Authority.
KUALA LUMPUR: After having successfully helmed the Master Builders Association of Malaysia (MBAM), Datuk Matthew Tee (pic) is moving on to tackle issues at the international level.
Bina Puri Holdings Bhd (-ve) SHARES in Bina Puri Holdings Bhd (valuation: 0.9/3, fundamental: 0.15/3) gained half a sen or 1.1% to close at 46 sen yesterday, with 5.62 million shares done.
Construction and property firm Bina Puri Holdings Bhd has up to now tendered for about RM5bil worth of local jobs and hopes to secure at least RM1bil from that pool this year, its top official says.
KUALA LUMPUR (Oct 19): theedgemarkets.com highlighted eight stocks with momentum at Bursa Malaysia’s afternoon market close today. It showed three with positive momentum and five with negative momentum.