Malaysian Investor Thread

[nazrey]

One Crown Place London
Developer: AlloyMTD Group (Malaysia)
Architect: Kohn Pedersen Fox







WORLD
Part 25: UK | MTD Group
MTD completes London's One Crown Place development
By Farah Adilla May 21, 2021 @ 6:02pm

KUALA LUMPUR: MTD Group has completed the construction of a £518 million One Crown Place in London's EC2.

MTD, in a statement today, said the construction milestone was delivered ahead of schedule.

It said following a successful construction phase, the mixed-use scheme on the fringes of the City of London had now been completed by MACE, a global construction and consultancy firm and main contractor for One Crown Place.

https://www.nst.com.my/business/2021...ce-development

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WORLD
Part 26: Netherlands | Eversendai Corporation Bhd
Eversendai loads out foundation jacket for Netherlands' wind farm
By Sharen Kaur May 31, 2021 @ 1:20pm

KUALA LUMPUR: Eversendai Corporation Bhd's wholly-owned Eversendai Offshore has loaded out the foundation jacket structure for the 700-megawatt high voltage alternating current offshore Beta topside platform for the Hollandse Kust (Zuid) Offshore wind farm in the Netherlands.

The wind farm is developed by TenneT, a leading European electricity transmission system operator.

https://www.nst.com.my/business/2021...ands-wind-farm

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WORLD
Part 27: Japan | YTL Corporation Bhd
YTL Corp's Q3 net profit rises to RM93.5mil, revenue down 8.0pct
By Sharen Kaur May 28, 2021 @ 5:05pm

"In our property rental segment, revenue and net property income from the Malaysian and Japanese properties for the quarter ended March 31, 2021, remained relatively consistent with the previous quarter ended December 31, 2020," Yeoh said.

https://www.nst.com.my/business/2021...nue-down-80pct

YTL HOTEL IN JAPAN
https://www.ytlhotels.com/gb/resorts...lage-townhouse

[nazrey]

Originally Posted by nazrey

London's iconic Battersea Power Station redevelopment
Developer: Sime Darby and SP Setia (Malaysia)


http://www.archdaily.com/573751/big-...square/?afkadj

https://twitter.com/jasonhawkesphot/...03139483451393

WORLD
Part 28: UK | Sime Darby/SP Setia
COMPLETED 2021

• Video Link
https://youtu.be/hdgqbGNBKD0
• Video Link
https://youtu.be/ZJo9q0bB0Jg

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ASEAN
Part 49: Singapore | SP Setia
SP Setia Q1 net profit increases to RM75.23mil
By Bernama May 25, 2021 @ 3:02pm

He said the company recorded a strong sales performance of RM1.19 billion during the first quarter, of which 78 per cent was contributed by local projects and the remaining from international projects mainly from Daintree Residence in Singapore.

https://www.nst.com.my/business/2021...m7523mil%C2%A0

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WORLD
Part 29: Gabon | Wah Seong Corp Bhd
Wah Seong's unit bags RM162.45mil contract in Africa
By Ayisy Yusof June 2, 2021 @ 7:33pm

KUALA LUMPUR: Wah Seong Corp Bhd's (WSC) unit, Wasco Engineering International Ltd (WEIL) has secured a RM162.45 million contract from BW Energy Gabon S.A for the supply of oil and gas (O&G) processing and compression modules for a project in Gabon, Africa.

In an exchange filing today, WSC said the contract's scope of work involves complete engineering, procurement, construction and installation of O&G processing and compression modules and skid units.

https://www.nst.com.my/business/2021...ontract-africa

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WORLD
Part 30: China | Sime Darby
Sime Darby more than doubles net profit to RM300mil in Q3, revenue soars to RM11.02bil
By Farah Adilla May 25, 2021 @ 1:15pm

KUALA LUMPUR: Sime Darby Bhd's net profit more than doubled to RM300 million in the third quarter (Q3) ended March 31, 2021 from RM115 million registered in the same quarter last year.

Group revenue jumped 30.8 per cent to RM11.02 billion from RM8.43 billion.

In a statement today, Sime Darby said this was due to solid sales performance in Motors China, where pre-tax profit more than tripled to RM125 million with higher revenue and margins.

https://www.nst.com.my/business/2021...oars-rm1102bil

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WORLD
Part 31: Angola, Suriname | Yinson Holdings Bhd
Yinson bags contracts from Total for FPSO projects in Angola, Suriname
Bernama June 09, 2021 13:40 pm +08

KUALA LUMPUR (June 9): Yinson Holdings Bhd has been selected by French oil and gas giant Total to perform preliminary front-end engineering design (pre-FEED) for two floating production storage and offloading (FPSO) projects to be installed in Angola and Suriname.

The energy infrastructure and energy company said the Angola project would be installed at around 1,400m, located 160km from Luanda, while the Suriname project would be installed at about 2,000m, located 150km from Paramaribo.

https://www.theedgemarkets.com/artic...ngola-suriname

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WORLD
Part 32: USA | Genting Group
Genting makes US$10m one-time payment for nearly century-long rental of Miami space — report
Tan Siew Mung June 09, 2021 13:29 pm +08

KUALA LUMPUR (June 9): In a rare move, Genting Bhd made a one-time payment of US$10 million as part of the casino and hotel operator's nearly century-long rental of space above an Omni bus station north of downtown Miami within the US state of Florida, said Miami Today.

It reported on June 8 that the one-time payment preceded planned construction of a 36-storey hotel and retail centre on Northeast 14th Terrace.

"Genting, which spent about US$420 million to buy the former Omni mall across the street and the old Miami Herald site to the east, where it has sought to build a vast gambling resort, has a 90-year lease with Miami-Dade for the location, which includes a 25-year renewal option," Miami Today reported.

https://www.theedgemarkets.com/artic...ace-—-report

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WORLD
Part 33: USA | Luster Industries Bhd
Luster's unit to start EPCC contract in US after receiving RM50 mil deposit
Bernama June 09, 2021 01:59 am +08

KUALA LUMPUR (June 8): Luster Industries Bhd’s indirect unit Glovconcept Sdn Bhd has received a 50% deposit payment of US$12.1 million (about RM50 million) from American Nitrile LLC for the initial six double former glove dipping lines.

This marks the start of Glovconcept’s contract to provide engineering, procurement, construction and commissioning (EPCC) services for the Ohio-based company’s glove manufacturing plants in the United States.

In a statement today, Luster said the deposit payment was received a month after Glovconcept, which is 60% owned by Luster’s 56%-owned subsidiary of Glovmaster Sdn Bhd, inked an agreement with American Nitrile to provide EPCC services as well as glove technology solutions for up to 12 glove production lines.

https://www.theedgemarkets.com/artic...50-mil-deposit

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WORLD
Part 33: Australia | YTL Power International Bhd
YTL's associate ElectraNet to invest A$457m in South Australian portion of Project EnergyConnect
Tristan Dielenberg June 09, 2021 12:19 pm +08

KUALA LUMPUR (June 9): YTL Power International Bhd's 33.5%-owned associate ElectraNet Pty Ltd has confirmed that it will invest A$457.4 million to deliver the South Australian section of the Project EnergyConnect high-voltage electricity transmission interconnector.

The A$2.28 billion project spans 900km from South Australia to New South Wales and has a total capacity of 800MW and a voltage of 330kV; the South Australian part of the line runs from Robertstown to the New South Wales border.

In a statement, ElectraNet said that South Australian households can expect to receive an average saving of around A$100 a year on their electricity bill after the interconnector is completed, while small businesses are poised to enjoy even bigger savings.

https://www.theedgemarkets.com/artic...-energyconnect

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ASEAN
Part 50: Singapore | Yinson Holdings Bhd
Yinson and Singapore's SMRT co-invest in autonomous vehicle start-up MooVita
Izzul Ikram June 08, 2021 19:18 pm +08

KUALA LUMPUR (June 8): Yinson Holdings Bhd has entered into a deal with Singapore's SMRT Corp Ltd's corporate venture arm to co-invest an undisclosed amount in an autonomous vehicle start-up named MooVita Pte Ltd.

In a statement today, Yinson said the co-investment with SMRT Ventures aims to accelerate the development, commercialisation and international expansion of MooVita's driverless solutions, beginning with the deployment of safe and comfortable driverless solutions for public transportation and the urban environment.

"This is achievable by leveraging on Yinson's extensive experience in the logistics solution and energy industries, as well as SMRT Ventures and the transport ecosystem in Singapore," the energy infrastructure and technology group said.

https://www.theedgemarkets.com/artic...tartup-moovita

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ASEAN
Part 51: Thailand | Uzma Bhd
Uzma bags first overseas chemical supply contract valued at US$3m in Thailand
Izzul Ikram June 11, 2021 20:40 pm +08

KUALA LUMPUR (June 11): Oil and gas contractor Uzma Bhd has bagged its first overseas chemical supply contract in Thailand, through its wholly-owned subsidiary MMSVS Group Holding Co Ltd.

In a statement today, Uzma said the US$3 million valued contract from Medco Energi Thailand (Bualuang) Ltd is for the provision of chemical supply and service for three years, from May 20 2021 to June 1 2024.

“The scope of work includes the provision and supply of production chemicals and oilfield chemicals, including technical services for the Chemical Management Program for the Bualuang field in the Gulf of Thailand,” Uzma said.

https://www.theedgemarkets.com/artic...-us3m-thailand

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ASEAN
Part 52: Indonesia | CIMB
CIMB among arrangers for Indonesia's US$3b bond scheme
Sulhi Khalid June 11, 2021 17:50 pm +08

KUALA LUMPUR (June 11): CIMB Investment Bank Bhd is among five arrangers for the Indonesian government's US$3 billion (about RM12.32 billion) Islamic bond scheme which intends to raise money to finance, among others, expenditure related to eligible green projects of the neighbouring country.

CIMB said in a filing with Bank Negara Malaysia's Fully Automated System for Issuing/Tendering (FAST) website yesterday (Thursday, June 10) that the other four arrangers for the three-tranche bond issue with periodic distribution rates of between 1.5% and 3.55% a year are Citigroup Global Markets Inc, Dubai Islamic Bank PJSC, The Hongkong and Shanghai Banking Corp Ltd, and Standard Chartered Bank.

According to the bond issuance summary which was attached to the filing, CIMB, Citigroup, Dubai Islamic Bank, The Hongkong and Shanghai Banking Corp, and Standard Chartered Bank are also dealers and lead managers for the bond scheme with tenors of between five and 30 years.

https://www.theedgemarkets.com/artic...3b-bond-scheme

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WORLD 2021
Part 34: Chile, Columbia, Peru | Yinson Holdings Bhd
Yinson partners Chile-based Verano to progress 800MW pipeline of solar projects in Latin America
Justin Lim June 22, 2021 19:04 pm +08

KUALA LUMPUR (June 22): Yinson Holdings Bhd has agreed to collaborate with Chile-based renewable energy developer Verano Capital Holdings SpA to undertake renewable energy projects in Chile, Colombia and Peru.

In a bourse filing, the company said the collaboration, which will be carried out through its wholly-owned subsidiary Yinson Renewable Pte Ltd, has initially targeted to progress a pipeline of over 800 megawatt (MW) of utility scale solar projects, of which 330MW are expected to be consented to within the next six to 12 months.

https://www.theedgemarkets.com/artic...-latin-america

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ASEAN 2021
Part 52: Singapore | Willowglen MSC Bhd
Willowglen awarded maintenance job at Singapore's East-West Cable Tunnel
Syafiqah Salim June 22, 2021 20:54 pm +08

KUALA LUMPUR (June 22): Willowglen MSC Bhd said it has won a contract for the maintenance of Singapore's East-West Cable Tunnel Scada System, including system enhancements.

The contract worth RM10.99 million was awarded by SP PowerAssets Ltd, the government-owned sole provider of electricity transmission and distribution services in Singapore, said Willowglen..

The five-year contact started today, added the computer integrated systems design company in a bourse filing.

https://www.theedgemarkets.com/artic...t-cable-tunnel

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WORLD 2021
Part 35: Spain | Hibiscus Petroleum Bhd
Hibiscus Petroleum sees RM558m Ebitda in 2022 from Repsol deal
Syafiqah Salim June 04, 2021 23:03 pm +08

KUALA LUMPUR (June 4): Hibiscus Petroleum Bhd expects its daily oil and condensate production to double from 9,000 to 18,500 barrels per day next year after it has taken over five production sharing contracts from Spanish oil major Repsol.

The acquisition will cost Hibiscus US$212.5 million (RM879.5 million).

In the statement, Hibiscus said it estimated that the new asset purchased will generate approximately US$255 million total net undiscounted cash flows over the next five years.

https://www.theedgemarkets.com/artic...22-repsol-deal

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ASEAN 2021
Part 53: Indonesia | Axiata
Axiata Digital fintech arm Boost Holdings buys controlling stake in Indonesian entity
Bernama May 24, 2021 11:41 am +08

KUALA LUMPUR (May 24): Axiata Digital’s fintech arm Boost Holdings Sdn Bhd has acquired a 68.75% stake in Indonesian licensed entity PT Creative Mobile Adventure to expand its regional digital financial service offerings.

PT Creative Mobile Adventure operates a telco supply chain model financing business under the brand KIMO, with a limited number of peer-to-peer full digital financing licences issued by Indonesia’s financial services authority, Otoritas Jasa Keuangan.

https://www.theedgemarkets.com/artic...onesian-entity

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ASEAN 2021
Part 54: Vietnam, Cambodia | InNature Bhd
The Body Shop retailer InNature's 1Q profit up 85.34% on stronger margins, absence of listing expenses
Arjuna Chandran Shankar May 20, 2021 21:22 pm +08

KUALA LUMPUR (May 20): InNature Bhd, the retailer and distributor of The Body Shop and Natura products, saw its net profit for the first quarter ended March 31, 2021 (1QFY21) jump 85.34% to RM5.09 million from RM2.75 million in the corresponding financial quarter a year ago.

It said The Body Shop's businesses in Malaysia, Vietnam and Cambodia were profitable in 1QFY21, while its new Natura business in Malaysia recorded higher revenue and a lower initial gestational loss of RM0.6 million.

The retailer also noted that despite Covid-19 headwinds and Movement Control Order 2.0 in January, it managed to continue operations in most stores throughout 1QFY21. It also mitigated the lower footfall in malls through its e-commerce and "Click/Call and Collect" channels.

https://www.theedgemarkets.com/artic...sting-expenses

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ASEAN 2021
Part 55: Singapore | Yinson Holdings Bhd
Yinson invests in Oyika to accelerate e-mobility adoption
Bernama June 16, 2021 15:26 pm +08

KUALA LUMPUR (June 16): Main Market-listed Yinson Holdings Bhd has invested in Singapore technology company Oyika Pte Ltd to accelerate electric vehicle (EV) adoption in Southeast Asia.

Yinson chief strategy officer Daniel Bong said the energy infrastructure and technology company shares the same goal with Oyika, which is to develop a more environmentally sustainable transport network.

“This investment, together with our recent investment into autonomous driverless solution company MooVita, presents the first step of our roadmap towards building an integrated green logistics solution.

https://www.theedgemarkets.com/artic...ility-adoption