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Kanger International bags RM478m contract to build two blocks of apartments in Genting Highlands

KUALA LUMPUR (March 2): ACE Market-listed Kanger International Bhd s wholly owned unit has bagged a contract to build two blocks of serviced apartments totalling RM478 million in Genting Highlands. Its subsidiary Kanger Ventures Sdn Bhd, which has entered into a collaboration agreement with Vegetta Champion Sdn Bhd, will be responsible for the entire project management, financial and entire administration of this development. Meanwhile, Vegetta Champion has been appointed the main contractor for foundation and main building works of the development, according to a statement today. The project is expected to commence in June 2021 and will take approximately 48 months to be completed.

Kuala lumpurGenting highlandsMalaysia generalSdn bhdSteven kuah choon chingKanger international bhdKanger ventures sdn bhdVegetta champion sdn bhdVegetta championSteven kuah choonகுவாலா லம்பூர்கெண்டிங் மலைப்பகுதிமலேசியா ஜநரல்ஸ்டன் ப்ட்

Messrs CAS Malaysia resigns as external auditor of Key ASIC and UCrest

KUALA LUMPUR (Feb 10): Messrs CAS Malaysia PLT has today resigned as external auditor of both Key ASIC Bhd and UCrest Bhd, as the parties were unable to “reach a consensus on the proposed audit fees” for the financial year ending May 31, 2021. The resignation of the auditor was on a “voluntary basis”, both companies said in separate filings to the stock exchange today. CAS Malaysia s term of office as their respective external auditor will end in 21 days. The boards of Key ASIC and UCrest further said they were “not aware of any matters that need to be brought to the attention of the shareholders” of the companies, adding they will appoint another audit firm as their new auditors.

Kuala lumpurUcrest bhdKah yeeKey aim group ltdKanger international bhdKey aim groupMessrs ongகுவாலா லம்பூர்கா யீவிசை இலக்கு குழு லிமிடெட்விசை இலக்கு குழுநட்வர் ஓங்

Pharmaniaga confident of getting approval soon

Pharmaniaga will be the first biggest player in the race of developing its own Malaysian-made halal vaccines by 2024. WITH the vaccine rollout starting to take on more influence throughout the world and even here in Malaysia, it was no surprise that the pace of Malaysia’s own programme has started to flesh out in greater detail. That in turn has seen companies, which have long been entrenched in the healthcare theme, beginning to reveal more developments of their strategies. But more significant news to the investment world in this country was the statement issued by the Securities Commission (SC) to local listed companies announcing plans to be involved in what many see as a money-making venture.

South koreaPharmaniaga bhdYong tai bhdGenting bhdSolution group bhdNational pharmaceutical regulatory agencyHealth ministryWorld health organisationSecurities commissionKanger international bhdChina sinovac life sceinces co ltdBioalpha holdings bhdHoldings bhdDatuk zulkarnain md eusopeSolution groupYong tai

KLCI remains 0 7% lower in line with lacklustre regional markets

At 10.01am, the FBM KLCI was down 11.40 points at 1,615.61. Market breadth was tepid with 551 losers and 311 gainers, while 354 counters traded unchanged. Trading volume was 1.73 billion shares valued at RM840.78 million. The top losers included Nestle (Malaysia) Bhd, Heineken Malaysia Bhd, Kuala Lumpur Kepong Bhd (KLK), Euro Holdings Bhd, PPB Group Bhd, Hong Leong Bank Bhd (HLB), Asia File Corp Bhd, Malaysia Airports Holdings Bhd (MAHB) and Hong Leong Capital Bhd. The actively traded stocks included Pegasus Heights Bhd, XOX Bhd, PNE PCB Bhd, Kanger International Bhd and AT Systematization Bhd. The gainers included Malaysian Pacific Industries Bhd, Kobay Technology Bhd, JF Technology Bhd, PMB Technology Bhd, UWC Bhd, Dutch Lady Milk Industries Bhd and G3 Global Bhd.

Kuala lumpurKuala lumpur kepong bhdJoe bidenEuro holdings bhdJf technology bhdAsia file corp bhdDutch lady milk industries bhdTechnology bhdKanger international bhdMalaysia airports holdings bhdHong leong bank bhdGroup bhdPacific research sdn bhdMalaysian pacific industries bhdBursa malaysiaHeineken malaysia bhd

Quick take: Kanger gains 3% on diversification into construction

Quick take: Kanger gains 3% on diversification into construction
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