Aiming at the Pan-Borneo Highway project, TaiCity Group strives to secure the contract.
East Malaysia's Sabah road infrastructure builder - TaiCity Group. $AZAMJAYA (5329.MY)$To enhance the Pan-Borneo Highway project, we aim to strengthen internal expertise and technology to reduce reliance on external contractors.
Director Datuk Law Chiu Leong, after the listing ceremony today, told the media that as part of TaiCity Group's growth strategy, they are planning to take on more internal projects in the future.
"We are expanding the machinery construction team, using advanced technology to increase production capacity, maximize efficiency, and reduce costs."
He also revealed that the reason for this planning is to ensure better control of project progress.
"Because some external contractors may delay in delivery, causing us to constantly urge them, sometimes they are even difficult to complete on time."
Looking ahead, Dacheng Group is actively planning to bid for additional engineering projects of the Pan-Borneo Highway project in the future.
We understand that the relevant projects in the Sabah area are about to enter the second and third phases, and the Group is ready to participate.
At the same time, Executive Director Datuk Law Wenqi also expressed optimism about the Group's expansion plans beyond the core market in Sabah.
Aiming at Sarawak and Kalimantan
Due to geographical advantages, we plan to expand our business to Sarawak and the adjacent Indonesian Kalimantan region. If the profit prospects are good, we will certainly consider it, and moving equipment to that location is not difficult.
As for the Western Malaysian Peninsula, ...

Chuanxingzhan acquires 29% equity interest, and Allianz Bank soars by 9.5% upon hearing the news.
There are reports that DBS Bank from Singapore $DBS Group Holdings (D05.SG)$ intends to enter the Malaysian banking market through mergers and acquisitions, with Allianz Bank $ABMB (2488.MY)$ potentially being the acquisition target.
This news has boosted the stock price trend of Allianz Bank, surging by 9.5% this morning to a high of 4.93 Malaysian Ringgit.
Alliance Bank opened this morning at 4.60 ringgit, rose to a high of 4.93 ringgit during the period, an increase of 43 cents or 9.55%, then fell back slightly, hovering around 4.76 ringgit.
According to the entire equity structure, the major shareholder of Alliance Bank is Vertical Theme Private Limited, holding 29.06% of the shares.
Among them, Langkah Bahagia Private Limited, believed to be related to Tun Daim, indirectly holds 14.8% of Alliance Bank's shares through Vertical Theme Private Limited, while Singapore's state-owned investment company, Temasek Holdings, indirectly holds 49% of Vertical Theme's shares.
The second largest shareholder of Alliance Bank is the Employees Provident Fund (EPF), currently holding 7.78% of the shares.
And the well-known chain supermarket 99 Speed Mart. $99SMART (5326.MY)$ The executive director and CEO, Li Lianghua, then...

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Opportunities to make money are rare. As a buyer, how to screen out options with upside potential in the complex options market? This article combines personal and friends' experiences to organize and share the following strategies:
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1. The core difference between options and stocks:time equals money
Stocks: Buying at a high price will definitely not make any profit.
But options are different: even if the exercise price of the buyer is higher than the stock...

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