West Malaysia

SINGAPORE (Oct 20): Premier Mirach, a subsidiary of Mirach Energy, has won a RM20.5 million ($6.6 million) contract for a construction and development project in West Malaysia.

SINGAPORE (Oct 20): RHB is initiating coverage on Aspen (Group) Holdings, the Penang-based property developer, at “buy” with a target price of 31 cents based on a 45% discount to a RNAV estimation of RM1.5 billion ($480 million).