KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
Maxis Bhd
has partnered with Universiti Tunku Abdul Rahman to explore commercial opportunities for deploying 5G solutions.
Pentamaster Corp Bhd is being sued by Ocado Innovation Ltd, a subsidiary of the UK-based Ocado Group, for alleged patent infringement involving warehouse automation and robotics technologies.
Awanbiru Technology Bhd has secured a one-year extension of its Cloud Framework Agreement 1.0 with the government for managing and delivering Google cloud services.
KNM Group Berhad’s subsidiary, Borsig Group, secured a facility agreement with Landesbank Baden-Württemberg and other institutions to ensure business continuity.
Sunway Real Estate Investment Trust has completed its RM158mn acquisition of Kluang Mall in Johor, rebranded as Sunway Kluang Mall.
Peterlabs Holdings Bhd is acquiring 2.7 acres of land in Seremban, Negeri Sembilan, for RM7.4mn from N9 Matrix Development Sdn Bhd.
Malayan Banking Bhd has launched Money Lock, a counter-fraud feature on its MAE app.
Ecobuilt Holdings Bhd has until Jan 8 to submit its FY24 annual report or face a trading suspension on Jan 9.
YX Precious Metals Bhd has restructured its governance framework by splitting its Audit and Risk Management Committee into two separate committees Audit Committee and Risk Management & Sustainability Committee effective Dec 31, 2024.
MMC Corporation Bhd’s 70%-owned unit, Port of Tanjung Pelepas, achieved a record as Malaysia’s first container terminal to handle over 12.25mn TEUs in 2024, exceeding its 2021 record of 11.2mn TEUs.
Ocean Vantage Holdings Berhad has announced that Puan Ilham Fadilah Binti Sunhaji resigned as a member of the Sustainability Committee on 2 January 2025 following her resignation as a director on the same date.
Karex Bhd has redesignated Datuk Dr Adeeba Kamarulzaman as chairperson, effective immediately, following the resignation of Datuk Dr Ong Eng Long on Jan 2 due to personal commitments.
Velocity Capital Partners Bhd has a new majority shareholder, with Datuk Fam Chee Way acquiring a 28.8% stake.
