KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
Cypark Resources Bhd
is deferring its periodic distribution for its RM235mn tranche 1 perpetual sukuk, due Wednesday, to focus on meeting the commercial operations date for its 60MW floating solar plant in Kelantan.
Power Root Bhd has submitted the necessary documents to the Securities Commission of Malaysia for the Islamic Medium-Term Notes of up to RM500mn in nominal value to raise funds.
Solarvest Holdings Bhd has secured a RM113.3mn contract from P Solar Sdn Bhd to construct a 30MW solar plant in Pekan, Pahang.
Affin Bank Bhd has launched its private banking service designed for individuals with investable assets of RM2mn or more.
Alpha IVF Group Bhd is venturing into the Philippine medical business, focusing on obstetrics and gynaecology as well as fertility, as it formed a joint-venture with two doctors from that country.
AWC Bhd has received a letter of award worth RM19.9mn from Gamuda Engineering Sdn Bhd for construction works related to a data centre project in Rawang, Gombak.
Wellcall Holdings Bhd is looking to acquire three parcels of contiguous vacant leasehold industrial land in Kinta, Perak for RM32mn.
Hexza Corp Bhd said on Tuesday it had acquired 50,000 shares in British semiconductor and software design giant Arm Holdings PLC for US$6.4mn (RM29.5mn), cash.
Malaysia Marine and Heavy Engineering Holdings Bhd has entered into a MoU with HD Hyundai Marine Solution Co Ltd to be the latter’s strategic partner for green retrofit solutions installation within the regional territory in Southern Asia.
Euro Holdings Bhd said the High Court on Tuesday struck out the lawsuit filed by Surian Creation Sdn Bhd against the furniture maker and its former managing director Datuk Seri Lim Teck Boon.
Sorento Capital Bhd has signed an underwriting agreement with Alliance Islamic Bank Bhd as part of its upcoming IPO on the ACE Market of Bursa Malaysia.
OB Holdings Bhd, a food and beverage and dietary supplements manufacturing services provider, has entered into an underwriting agreement with Alliance Islamic Bank Bhd for its upcoming IPO on the ACE Market of Bursa Malaysia.
Magni-Tech Industries Bhd reported a 36.4% increase in net profit to RM44.6mn for its 1QFY2025, from RM32.7mn a year earlier, on the back of higher revenue across its business segments.
