Trading ideas: Toyo Ventures, Keyfield, SNS, AwanBiru, MMAG, Mudajaya, Gromutual, GHL


KUALA LUMPUR: Here is a summary of the announcements that made headlines in Corporate Malaysia.

Toyo Ventures Holdings Bhd has confirmed the termination of the Song Hau 2 thermal power plant project by the Vietnamese government.

Keyfield International Bhd‘s wholly-owned subsidiary Keyfield Offshore Sdn Bhd has successfully secured two contracts, totalling RM4mn, to supply accommodation workboats.

SNS Network Technology Bhd has partnered with global health advocate Healthcare Information Management Systems Society to advance digital healthcare transformation in Malaysia.

Awanbiru Technology Bhd, a technology and talent digitalisation enabler, has bagged a RM25.7mn contract from the Ministry of Education to provide cloud-based solutions.

MMAG Holdings Bhd’s subsidiary has inked a cargo interline agreement with Capital A Bhd’s logistics arm Teleport Everywhere Pte Ltd to improve cargo operations.

Mudajaya Group Bhd said its former employee Michael Chua Khian Keng has filed an appeal on July 1 to challenge the High Court’s decision that he and his wife are liable to pay RM43.6mn in the civil suit brought against him by the group.

Gromutual Bhd’s wholly-owned subsidiary has executed a sale and purchase agreement with Vermi Industries Sdn Bhd for the disposal of a piece of land with a building in Kulai, Johor, for RM4.8mn.

NTT DATA Japan Corp is now in control of GHL Systems Bhd after accumulating 92.7% of the payment solutions provider's total issued shares as at July 4, paving the way for GHL to be delisted from Bursa Malaysia.

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