KUALA LUMPUR: Here are the announcements that made headlines in Corporate Malaysia.
MISC Bhd
has signed a shipbuilding contract with Samsung Heavy Industries Co Ltd for the construction of two new LNG carriers, scheduled for delivery in 2027.
CIMB Bank Bhd is on track to surpass its RM50bn commitment to the SME sector in 2024, reaffirming its long-standing support since 2019.
Malaysia Marine and Heavy Engineering Holdings Bhd has secured a RM43mn subcontract from a subsidiary of Uzma Bhd for the conversion of a mobile offshore drilling unit into a mobile water injection facility.
PA Resources Bhd said its wholly owned subsidiary, PA Extrusion (M) Sdn Bhd, has secured a 0% dumping rate for its aluminium extrusion exports to the US.
Tanco Holdings Bhd's 79%-owned subsidiary, Midports Holdings Sdn Bhd, had received the nod from the Malaysian Marine Department to develop a container port in Port Dickson, Negeri Sembilan.
Ho Hup Construction Company Bhd's 52%-owned unit, Golden Wave Sdn Bhd, has obtained an interim restraining order from the High Court in Kota Kinabalu, shielding it from legal actions by its creditors.
Central Global Bhd is acquiring a four-storey office and showroom space, measuring approximately 48,690 sq ft, in Kota Kinabalu, Sabah, for RM19.5mn.
Sunzen Biotech Bhd is venturing into the ophthalmic industry through the acquisition of a 70% stake in Eye Nation Medical Sdn Bhd for RM6.4mn.
Aemulus Holdings Bhd is taking full control of its loss-making Chinese associate company Tangming Shengshi Technology (Jiashan) Co Ltd by acquiring the remaining 60% stake in TMSS for RMB25.0mn (RM15.1mn) cash.
Pharmaniaga Bhd has appointed Datuk Seri Abdul Razak Jaafar as its independent and non-executive chairman, effective immediately.
Plenitude Bhd has appointed chief financial officer Ang Kooi Yong as its new chief executive officer, effective immediately.
Pasdec Holdings Bhd has redesigned its non-executive director Johari Shukri Jamil as its group managing director, effective immediately.
Beverage manufacturer Life Water Bhd has signed an underwriting agreement with MIDF Amanah Investment Bank Bhd in conjunction with its initial public offering on the Main Market of Bursa Malaysia.
Sabah-based major road infrastructure construction company Azam Jaya Bhd has signed an underwriting agreement with Inter-Pacific Securities Sdn Bhd in conjunction with its upcoming initial public offering on the Main Market of Bursa Malaysia.
