KLSE:UZMA

5 stories mentioning KLSE:UZMAUpdated 36d ago

Every FINWIRES story that references KLSE:UZMA, newest first.

Malaysian Shares Begin Week Higher on Upbeat Manufacturing Data

Malaysian shares ended in green on Monday on upbeat investor sentiment following the release of positive manufacturing data.The FTSE Bursa Malaysia KLCI gained 17.8 points to end 1% higher at 1,739.77. The day range was between 1,725.01 and 1,739.77.Malaysia's manufacturing sector expanded at its fastest pace in four years in April, supported by stronger output and a return to growth in new orders, according to data released Monday by S&P Global. The S&P Global Malaysia Manufacturing Purchasing Managers' Index rose to 51.6 in April from 50.7 in March, marking a second straight month of expansion.In corporate news, T7 Global (KLSE:T7GLOBAL) slid about 2% after listing 9.2 million private placement shares.Meanwhile, Uzma (KLSE:UZMA) closed 1% lower after it signed a memorandum of understanding with state-owned Majlis Amanah Rakyat to explore cooperation in renewable energy, aerospace and defense maintenance services.

FTSE Bursa Malaysia KLCIKLSE:T7GLOBALKLSE:UZMA

Asia43d ago

Uzma, MARA to Explore Renewable Energy, Aerospace, Defense Services

Uzma (KLSE:UZMA) signed a memorandum of understanding with state-owned Majlis Amanah Rakyat (MARA) to explore cooperation in renewable energy, aerospace and defense maintenance services, and talent development.Under the three-year arrangement, the partners will look into joint projects in renewable energy and energy efficiency, as well as marine engineering solutions for oil and gas and maintenance, repair and overhaul services for the aerospace and defence sectors.It also covers training programs in AI, IoT, engineering, and leadership, according to a Monday Malaysian bourse filing.Both sides will also explore investment opportunities tied to energy transition and ESG-linked initiatives, as well as expanding Bumiputera vendor participation in Uzma's value chain.The agreement is non-binding and not expected to have an immediate financial impact, it said.

KLSE:UZMA

Asia49d ago

Malaysian Shares End in Green Bucking Regional Losses; Uzma's Shares Rally 6%

Malaysian shares rebounded to end in green, bucking a downbeat regional performance. The investor sentiment improved with selective buying in index-linked counters.The FTSE Bursa Malaysia KLCI gained 12.33 points to end 0.7% higher at 1,729.60. The day range was between 1,714.12 and 1,729.60.In corporate news, shares of Uzma (KLSE:UZMA) rose about 6% on close after its unit Uzma Engineering secured a letter of award from Petronas Carigali to provide leasing, operations and maintenance of a Portable Water Injection Module for the Bayan Redevelopment Phase 3 project.KIP Real Estate Investment Trust's (KLSE:KIPREIT) distribution per unit stood at 0.0173 ringgit in the fiscal third quarter ended March 31. Profit jumped 31.4% to 18.2 million ringgit from 13.8 million ringgit a year earlier, driven by stronger contributions from existing assets and acquisitions. Shares ended flat today.Whereas, shares of Samaiden Group (KLSE:SAMAIDEN) fell 3% on Tuesday's close after it completed its acquisition of two parcels of leasehold land in Perak, Malaysia, following payment of the balance purchase price of 41 million ringgit.

FTSE Bursa Malaysia KLCIKLSE:KIPREITKLSE:SAMAIDENKLSE:UZMA

Asia49d ago

Uzma Unit Bags Petronas Carigali Deal for Water Injection Module Services; Shares Rise 3%

Uzma (KLSE:UZMA) unit Uzma Engineering secured a letter of award from Petronas Carigali to provide leasing, operations and maintenance of a Portable Water Injection Module for the Bayan Redevelopment Phase 3 project, according to a Monday Malaysian bourse filing.Shares gained over 3% in Tuesday's midday trade.The deal has a term of eight years, and covers the design, engineering, procurement, construction and transportation of one Portable Water Injection Module, followed by its installation, commissioning, operation and maintenance services.The agreement is expected to contribute positively to Uzma's earnings, it said.

KLSE:UZMA

Asia55d ago

Uzma, Boustead to Explore Satellite Communications, Geospatial Intelligence

Uzma (KLSE:UZMA) unit Uzma Space and Defence signed a memorandum of understanding with Boustead to explore collaboration in satellite communications and geospatial intelligence, according to a Tuesday Malaysian bourse filing.Uzma's shares rose over 2% Wednesday afternoon.The partnership will focus on developing satellite-based solutions, Earth observation capabilities, and AI-driven geospatial analytics for defence, security, and critical infrastructure applications.Both parties will also look at joint participation in government and regional tenders, along with co-development of integrated intelligence and communication systems.The collaboration may include training programs and knowledge-sharing initiatives in related technologies.The MoU is valid for one year, with an option for extension, the filing said.

KLSE:UZMA

Track with the FINWIRES app suite

FolioX

Track KLSE:UZMA in your portfolio

WheelAI

Analyze KLSE:UZMA options with the wheel strategy

StockInsider

See market sentiment on KLSE:UZMA