KUALA LUMPUR, Sept 8 (Bernama) -- Bursa Malaysia closed almost flat on Tuesday as buying interest rotated away from index heavyweights towards smaller-cap construction stocks, with sentiment affected by geopolitical uncertainty, said an analyst. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 0.39 of a point to 1,714.40 from Monday’s close of 1,714.79. The benchmark index opened 1.65 points lower at 1,713.14 and moved between 1,710.44 and 1,714.50 throughout the trading session. The broader market was almost evenly balanced, with decliners leading gainers 548 to 546, while 598 counters were unchanged, 1,107 were untraded and 25 were suspended. Turnover expanded to 4.13 billion units valued at RM3.14 billion from 3.60 billion units valued at RM2.45 billion on Monday.
Contract Win & Outlook Pekat Group’s 60%-owned EPE unit has bagged a RM31.3m contract from Tenaga Nasional (TNB) — its third this year — for maintenance and spare parts works involving AIS and GIS switchgear systems. The contract runs for 2 years (with an optional extension). YTD Job Wins for EPE : RM232m (on track to hit RM300m FY25 target) Current Order Book : RM504m Expected GP Margin : 25–30% for this high-margin recurring service job Riding the RE & Infrastructure Wave With Malaysia’s LSS5 and LSS5+ solar programs (4x bigger than LSS4) unlocking over RM10b in EPCC potential , PEKAT is pivoting toward high-margin commercial and industrial (C&I) solar projects, while maintaining a ~5% market share . Switchgear business (EPE) is the game changer: Among Top 4 MV switchgear suppliers to TNB Riding on TNB’s RP4 capex cycle Expected to exceed profit guarant...