KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
PTT Synergy Group Bhd
has signed a 10-year build-and-lease contract worth RM399.7mn with a multinational semiconductor company based in Penang.
AWC Bhd has secured a RM30.5mn contract from KCJ Engineering to provide housekeeping services for JB Sentral in Johor Bahru.
Yinson Holdings Bhd has announced that its Maria Quiteria floating production storage and offloading vessel achieved first oil on Oct 15, 2024, followed by a successful 72-hour test, marking the commencement of its firm charter.
PUC Bhd's subsidiary Presto Technology Sdn Bhd has secured a RM10mn contract from non-profit organisation Green Growth Asia Foundation to develop a cutting-edge customer relationship management system.
MyEG Services Bhd and Heitech Padu Bhd have officially commenced their collaboration on current and future e-government projects in Malaysia, following a teaming agreement signed in April.
Samaiden Group Bhd's wholly-owned subsidiary Samaiden Capital Management Sdn Bhd and Chudenko (Malaysia) Sdn Bhd have entered into a shareholders agreement with their JV company to undertake a joint investment in solar PV facilities and related services.
EP Manufacturing Bhd has proposed to diversify its existing principal activities to include the assembly of vehicles as it aims to strengthen its existing automotive business.
Khee San Bhd has gained shareholder approval for its regularisation plan to exit PN17 status.
Dagang Nexchange Bhd has appointed Faizal Sham Abu Mansor as its group CEO effective Nov 1, 2024, replacing executive chairman Tan Sri Syed Zainal Abidin.
KIP Real Estate Investment Trust reported a 3.0% decline in net profit to RM10.0mn for 1QFY2025, primarily due to higher operating costs and management fees.
CIMB Thai Bank PCL, an indirectly held subsidiary of CIMB Group Holdings Bhd, recorded an 8.9% YoY increase in net profit to THB1.89bn (RM244.36mn) in the 9MFY24.
Alpha IVF Group Bhd recorded a 2.7% QoQ increase in net profit to RM14.4mn for 1QFY2024, as lower administrative expenses offset a decline in revenue, which fell 8.0% to RM43.0mn.
