KUALA LUMPUR: He is a recap of the corporate headlines.
Al-’Aqar Healthcare Real Estate Investment Trust is actively targeting to acquire yield-accretive properties from KPJ Healthcare Bhd
as part of its asset expansion plan.
Pantech Group Holdings Bhd is considering to list 2 wholly-owned subsidiaries — Pantech Stainless & Alloy Industries Sdn Bhd and Pantech Steel Industries Sdn Bhd — on the Main Market of Bursa Malaysia via a special purpose vehicle.
AirAsia X Bhd, which will be taking over Capital A Bhd's aviation business, has announced the mechanics of its plan via a bourse filing on Thursday.
Inta Bina Group Bhd has been awarded a contract from Tropicana Metropark Sdn Bhd to construct and complete main building works for a serviced apartment project for RM224.8mn.
Khee San Bhd will increase the allotment underwritten in its proposed rights issue after Ng Meng Kee ceased to be a substantial shareholder and requested to discharge his undertaking.
Infoline Tec Group Bhd has proposed to transfer its listing from the ACE Market to the Main Market of Bursa Malaysia as it has met the profit requirements for the transfer.
Heineken Malaysia Bhd has nominated Martijn Rene van Keulen as its new managing director.
Agricore CS Holdings Bhd, a food ingredients supplier, has obtained approval from Bursa Malaysia Securities Bhd to list on its ACE Market.
Pavilion Real Estate Investment Trust 1QFY24 net property income jumped 33.2% YoY, thanks largely to contribution from its newly acquired mall, Pavilion Bukit Jalil.
Vitrox Corporation Bhd net profit fell 47.8% YoY to RM17.2mn for the 1QFY24, primarily due to unfavourable product mix and higher research and development expenditures to support the introduction of new products.
Atlan Holdings Bhd net profit fell over 42.1% YoY to RM5.1mn in 4QFY24 as increased revenue was more than offset by higher operating expenses, depreciation and amortisation, as well as finance costs.
Chin Teck Plantations Bhd 2QFY24 net profit surged seven-fold to RM20.8mn thanks to higher palm oil production as well as lower operating and administrative expenses.
Luxchem Corporation Bhd 1QFY24 net profit surged over 54.0% YoY to RM11.6mn on the back of stronger earnings from both its trading and manufacturing segments.
TAS Offshore Bhd’s net profit leapt by nine-fold YoY to RM6.1mn for the 3QFY24 due to more vessels delivered.
