The Sun Biz

Facility will make a range of power and thermal management solutions

They seek to accelerate global adoption of sustainable, bio-based chemical materials that meet international standards.

Projects in Iskandar Malaysia contributed RM2.27 billion or 50% to total

End-to-end piping solutions provider ISF Group Bhd has signed an underwriting agreement with Alliance Islamic Bank Bhd for its upcoming initial public offering on the ACE Market of Bursa Malaysia. The IPO will involve the issuance of 185.3 million new shares and an offer for sale of 90 million existing shares, with proceeds earmarked for facility expansion, business growth and workforce development to support rising demand, particularly from the fast-growing data centre sector.

Tanco Holdings Bhd, via its wholly owned unit Tanco Builders Sdn Bhd, has signed a heads of agreement with CCCC Dredging Southeast Asia Sdn Bhd, a subsidiary of global port and marine engineering giant China Communications Construction Company, to explore its appointment as the EPC contractor for the sea port component of Tanco’s Smart AI Container Port in Port Dickson. The proposed EPC works carry a maximum value of RM3.53 billion and are expected to be completed within three and a half years, subject to final design and commercial terms.