KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
CelcomDigi Bhd, U Mobile Sdn Bhd and ZTE Corporation have teamed up to present the nation’s first-ever live broadcast powered by 5G Advanced technology at Sukan Malaysia 2024 to viewers across Malaysia.
Malaysia's top mini-market chain retailer 99 Speed Mart Retail Holdings Bhd aims to make its market debut on Sept 9 after raising USD509.0mn (RM2.4bn) in an initial public offering set to be launched next month.
TCS Group Holdings Bhd
has secured a RM130.2mn contract from Saujana Permai Development Sdn Bhd for the building works and related external works of a serviced apartment project in Kuala Langat, Selangor.
Enra Group Bhd plans to sell its Ratu Enra ship for an indicative USD15.0mn (RM70.1mn), to capitalise on rising market value due to high demand in the industry.
Awanbiru Technology Bhd has inked a two-year memorandum of understanding with the National Cyber Security Agency to develop new technologies in cybersecurity.
Advancecon Holdings Bhd has secured a RM38.3mn contract from Sime Darby Property Bhd, marking its eighth earthworks contract for the Bandar Bukit Raja township.
ITMax System Bhd's 65.0%-owned subsidiary Southmax Sdn Bhd has been appointed the operator of smart parking for a period of 15 years by the Kulai Municipal Council.
MUI Properties Bhd said it is not aware of any corporate development that caused the unusual market activity in its shares.
Unisem (M) Bhd's net profit fell 29.0% YoY to RM16.8mn in 2QFY24 from RM24.0mn a year ago, due to a change in product mix and higher operating costs.
Bursa Malaysia Bhd’s net profit jumped 5.5% YoY to RM80.5mn in 2QFY24, from RM76.3mn a year before, due to higher income from the securities market.
Pantech Group Holdings Bhd's net profit fell 2.6% YoY to RM26.3mn in 1QFY25 from RM27.0mn a year ago, due to lower contributions from its manufacturing division.
Dufu Technology Corporation Bhd's net profit jumped over twofold to RM8.4mn for 2QFY24, from RM3.3mn a year ago, on the back of higher revenue.
Pensonic Holdings Bhd reported 4QFY24 net loss of RM14.3mn due to inventory write-downs.
