KUALA LUMPUR: Here is a recap of the announcements that made headlines in Coprorate Malaysia.
The tripartite consortium involving IJM Properties Sdn Bhd said it will continue to explore pathways forward with the Penang government to develop Batu Kawan Industrial Park 2 after its initial proposal was rejected.
Sime Darby Property Bhd
has signed an agreement for a 20-year lease of data centre facilities to Pearl Computing Malaysia Sdn Bhd for up to RM5.6bn, beginning as early as 2027.
RHB Banking Group has launched its flood relief assistance programme, offering immediate financial relief and long-term recovery support to individuals, micro, small and medium enterprises, available from now until Jan 31, 2025.
Yinson Production's joint venture with PeroVietnam Technical Services Corp has executed an US$416mn contract for the provision, charter, operation and maintenance of the FSO vessel for the Lac Da Vang project in Vietnam.
Pesona Metro Holdings Bhd has secured a RM181.8mn contract for the construction of two blocks of 28-storey condominiums in Cyberjaya.
Capitaland Malaysia Trust is acquiring a freehold automated logistics property in Elmina Business Park, Selangor, from PTT Logistics Hub 1 Sdn Bhd, for RM180mn.
Joe Holding Bhd has proposed a share capital reduction to wipe out RM80.4mn of its accumulated losses.
PN17 company Annum Bhd said it will work closely with its potential external auditor to resolve opening balance issues during the subsequent audit for the FY2024.
T7 Global Bhd has won a contract from Jadestone Energy (M) Pte Ltd for the provision of Pan-Malaysia maintenance, construction, modification and hook-up and commissioning services for Package B3.
Willowglen MSC Bhd's wholly-owned subsidiary Willowglen Services Pte Ltd has secured a contract valued at RM79.2mn from the Public Utilities Board, Singapore, for the installation of supervisory control and data acquisition and telemetry systems for construction works and maintenance services.
George Kent (Malaysia) Bhd has bagged a RM26.7mn contract for the Sarawak water supply grid programme's Stressed Area project.
Datasonic Group Bhd has secured two letters of extension from the Home Ministry, valued at RM81.4mn.
Sunway Bhd founder and executive chairman Tan Sri Jeffrey Cheah Fook Ling, and his private vehicle Sungei Way Corp Sdn Bhd, have sold a combined total of 100mn shares in the diversified company for RM485mn or RM4.85 per share.
Majuperak Holdings Bhd, a 51.4%-owned subsidiary of the Perak State Development Corp, announced on Monday the appointment of Muhammad Yazurin Sallij Muhammad Yasin as its new chief executive officer.
Northport (Malaysia) Bhd as announced the appointment of three senior leaders, including Fakhrul Azhar Tajudin as its new chief executive officer, effective Dec 1, 2024.
Encorp Bhd announced on Monday that it has removed its group chief executive officer, Hazurin Harun, with immediate effect following an internal investigation by the board of directors.
