KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
SD Guthrie Bhd has teamed up with property developer AME Elite Consortium Bhd to develop a green industrial park within the Johor-Singapore Special Economic Zone.
Dayang Enterprise Holdings Bhd
has bagged a 5-year contract based on workorder from Shell for the provision of pan-Malaysia offshore maintenance, construction, modification and hook-up commissioning services.
Datasonic Group Bhd is buying a 51% stake in Innov8tif Holdings Sdn Bhd from Revenue Group Bhd for RM40.0mn cash.
Elridge Energy Holdings Bhd has inked a MoU with Tokyo-based JFE Shoji Group to supply 150,000 tonnes of green gold label certified palm kernel shells annually over a 15-year period from April 2025 to March 2040.
Genetec Technology Bhd has proposed to sell its 51.0% stake in CLT Engineering Sdn Bhd to its former executive director Tan Moon Teik for RM21.6mn cash.
MN Holdings Bhd has secured various contracts worth RM315.0mn since its new financial year started on 1 July 2024, pushing its order book to RM625.8mn.
Bina Puri Holdings Bhd has secured a contract worth RM113.3mn to complete the construction of water pipelines under the Serian Regional Phase 2 project in Sarawak.
Bintai Kinden Corporation Bhd has secured a RM61.2mn contract for the construction of a housing project in Jasin, Melaka.
MCE Holdings Bhd is exploring a collaboration with Nanjing Chuhang Technology Co Ltd to exclusively develop, manufacture and market automotive millimeter-wave radar for global markets, excluding China.
The intraday short selling of Boustead Heavy Industries Corporation Bhd will be reactivated at 8.30am on 5 November 2024.
Carimin Petroleum Bhd said it has secured a five-year contract from Shell for the provision of pan-Malaysia maintenance, construction, modification, and hook-up and commissioning services.
Tuju Setia Bhd has secured a construction contract worth RM411.0mn from Sunway Bhd to build serviced apartments and landed residential units in Kelana Jaya for the Sunway Serene 2 development project.
Khee San Bhd has signed an underwriting agreement with M&A Securities Sdn Bhd, Kenanga Investment Bank Bhd (and Malacca Securities Sdn Bhd for the candy maker’s rights issue with warrants to raise up to RM96.1mn.
TGI Fridays Malaysia's operations in the country will continue to operate as usual and remain unaffected by the recent bankruptcy filing of TGI Fridays Inc in the US, says Techna-X Bhd.
The initial public offering of Sabah-based Life Water Bhd, which is set to be listed on the Main Market of Bursa Malaysia on Nov 13, has attracted RM510.5mn worth of interest from retail investors.
Destini Bhd reported a net profit of RM5.3mn for 1QFY25 compared to a net loss of RM6.8mn a year ago, driven by higher sales delivery and improved operational efficiency.
