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KUALA LUMPUR (March 17): Based on corporate announcements and news flow today, companies in focus on Thursday (March 18) may include Top Glove Corp Bhd, Jaycorp Bhd, Pharmaniaga Bhd, Wah Seong Corp Bhd, Kejuruteraan Asastera Bhd, Cycle & Carriage Bintang Bhd and Serba Dinamik Holdings Bhd. Top Glove Corp Bhd has claimed trial against charges of failure to provide Labour Department (JTK)-certified accommodations, and the matter has been set for another mention on April 28. The glove maker said it was present at the Ipoh Sessions Court yesterday for the first case mention in relation to an inspection by JTK in November last year under the Workers Minimum Standards of Housing and Amenities Act 1990. ....
KUALA LUMPUR (March 17): Electrical and mechanical engineering services provider Kejuruteraan Asastera Bhd (KAB) has bagged two electrical engineering contracts worth RM14.7 million. According to a statement to Bursa Malaysia today, it has received two letters of acceptance (LOAs) from Binastra Ablebuild Sdn Bhd and Pembinaan Tuju Setia Sdn Bhd for supplying, delivering, installing, testing and commissioning of electrical services. Pursuant to the LOA received from Binastra Ablebuild, KAB is required to provide the electrical services for the 46-level serviced apartment, Trion2, which is developed by Binastra Land Sdn Bhd, situated off Jalan Chan Sow Lin in Kuala Lumpur. This contract is expected to be completed by Aug 31, 2023. ....