Explanation of the corporate events: User Manual
Corporate Updates - Bursa Malaysia
2025-07-03
Category: Corporate Updates
Frequency: Daily
Daily compilation of corporate updates and activities on Bursa Malaysia listed companies.
Date | Company | Major Action | Recent Events |
---|---|---|---|
1 Jul, 2025 | Gamuda Bhd | Signed an agreement with the Downie family to co-develop a portfolio of large-scale renewable energy projects in Central Tasmania, Australia. Gamuda will take an unspecified equity stake in the portfolio with a combined capacity of 600MW of wind and solar energy and up to 600MW of battery storage. The project costs were not disclosed. | Expansion Plan |
30 May, 2025 | Kawan Renergy Berhad | The company has accepted a Letter of Award from Valmech Engineering Sdn Bhd (VESB) to act as a Nominated Supplier for Gamuda M&E Sdn Bhd. The scope includes the supply, delivery, and supervision of installation, testing, and commissioning of chemical storage tanks for the Sg. Rasau Water Supply Scheme (Stage 1), Package 1 in Selangor. The total contract value is RM17.41 million. | Contract Awarded |
22 May, 2025 | Advancecon Holdings Bhd | Advancecon Infra Sdn Bhd has secured a RM47.5 million subcontract job from Mujur Minat Sdn Bhd to build the Gerbil Data Centre for Gamuda Bhd in Bandar Springhill, Port Dickson. | Contract Awarded |
6 May, 2025 | Gamuda Bhd | Gamuda Land’s GL Play has signed MOUs with several partners to launch new attractions at Gamuda Cove in Selangor. The additions include a conservation-focused zoo with nearly 90 animal species by WWRM, a luxury lakeside eco-resort by Enfiniti Escapes, upgraded chalets into luxury villas by OUP, and a 9,000 sq ft indoor play centre for kids by Seven Evernew. These attractions will be located across Paya Indah Discovery Wetlands, the Wetlands Arboretum, and The Hive, complementing existing sites like SplashMania and Discovery Park to create a well-rounded nature-themed destination. | Operation Updates |
6 May, 2025 | LFE Corp Bhd | Bagged a subcontract worth RM50.58 million to undertake the mechanical, electrical and plumbing fit-out work for a hyperscale data centre in Elmina Business Park 1A. R&L Engineering Sdn Bhd — a joint-venture company between RYB Engineering Pte Ltd and LFE Engineering Sdn Bhd — has accepted a letter of award from Gamuda Engineering Sdn Bhd on April 21. The 11-month contract will commence on July 1, 2025 and be completed by June 10 next year. | Contract Awarded |
5 May, 2025 | Gamuda Bhd | Gamuda DC Infrastructure has secured a RM1.01 billion contract from Pearl Computing to carry out land preparation and infrastructure works for a data centre development, which includes earthworks, a 65-million-litre-per-day water treatment plant to be completed by mid-2027, an off-river storage facility by the end of 2028 to ensure water supply and reduce pollution risks, and pipelines connecting the plant to the data centre's service reservoir. | Contract Awarded |
2 May, 2025 | MN Holdings Bhd | A joint venture with Protech Builders Sdn Bhd has secured a RM49.99 million sub-contract for mechanical, electrical, and plumbing (MEP) fit-out works at a data centre. The contract was awarded by Gamuda Engineering Sdn Bhd, a unit of Gamuda Bhd. The project will start on July 1, 2025, and is expected to finish by August 24, 2026. There will be a 12-month warranty from completion, with some corrective works covered for up to two years. | Contract Awarded |
29 Apr, 2025 | Southern Score Builders Bhd | 51%-owned unit SJEE Engineering Sdn Bhd has secured a RM51.38 million mechanical and electrical job from Gamuda Engineering Sdn Bhd for a data centre project. The job involves constructing and completing power cabling works from the IT USS to the data centre hall. The project will begin on July 1, 2025, and is scheduled for completion by Aug 24, 2026. | Contract Awarded |
5 Feb, 2025 | Gamuda Bhd | Signed an exclusive agreement with the Perak government to facilitate raw water transfer from Sungai Perak to Bukit Merah and develop the requisite infrastructure for treated water distribution, ensuring long-term water. | Contract Awarded |
27 Jan, 2025 | Solarvest Holdings Bhd | Acquiring a 30% stake in Kee Ming Electrical Sdn Bhd for RM15.3 million cash. Among Kee Ming’s ongoing projects include RM10.09 million subcontractor electrical works for a landed strata housing for a unit of Gamuda Bhd, and a RM76.5 million warehouse project in Penang, also as a subcontractor. | Merger & Acquisition |
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