Kelington subsidiary wins additional RM133 million facility contract
The award brings Kelington Technologies’ contracts for the Kuching project to approximately RM416 million, with the latest work slated for completion by April 2028.
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The award brings Kelington Technologies’ contracts for the Kuching project to approximately RM416 million, with the latest work slated for completion by April 2028.
AMRO kept its 2026 inflation estimate at 2.0 per cent but lifted the 2027 projection to 2.2 per cent.
The steelwork award takes the customer's project contracts and purchase orders to about RM416 million, with completion scheduled by April 2028.
The fertility care group expects completion in the fourth quarter of 2026, subject to regulatory and shareholder approvals.
Statutory debt stood at RM1.295 trillion, while the statutory debt ratio remained below its 65 per cent limit, according to the National Audit Department.
Welfare grants and aid reached RM20.36 billion, while lower petroleum subsidies drove the decline in overall subsidy spending.
Decliners outnumbered gainers 488 to 413, with trading volume at 2.23 billion shares valued at RM907.43 million.
Transport Minister Anthony Loke Siew Fook said the government would pursue the arrears, with civil action among the possible next steps.
The proposed legislation is scheduled for tabling in the Dewan Rakyat and would complement existing sectoral laws.
New federal borrowing declined 8.2% to RM185.577 billion, while auditors identified weaknesses in receivables and development project management.