KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
Rexit Bhd
announced the successful completion of an independent cybersecurity audit, which found no data breaches within the company’s systems.
The acceptance period for the takeover offer of Malaysia Airports Holdings Bhd by the Gateway Development Alliance Sdn Bhd consortium has been extended to Jan 17, replacing the original Jan 8 deadline.
Citaglobal Bhd has acquired a 55% stake in Germany's LAWI Engineering GmbH to deliver advanced waste-to-energy solutions.
D&O Green Technologies Bhd’s 93.2%-owned subsidiary, Dominant Electronics Sdn Bhd, has signed an MOU with Jing Wei Hirain Automotive Electronics Malaysia Sdn Bhd to establish a new company in Malaysia focused on engineering services and automotive module production.
Oriental Kopi Holdings Bhd, a café chain operator, set its initial public offering price at 44 sen per share, aiming to raise RM184mn ahead of its ACE Market listing.
TechStore Bhd has signed an agreement with M&A Securities Sdn Bhd, a unit of M&A Equity Holdings Bhd, to underwrite 50mn IPO shares allocated to the Malaysian public and eligible parties under pink form allocations.
Kerjaya Prospek Group Bhd's subsidiary, Kerjaya Prospek (M) Sdn Bhd secured a RM256.4mn contract from Eastern & Oriental Express Sdn Bhd for a development in Elmina West, Shah Alam.
Aizo Group Bhd has been awarded a contract to develop a 99.99MW large-scale solar photovoltaic plant in Kampar, Perak.
XOX Networks Bhd plans to reduce its issued share capital by up to RM55mn to offset accumulated losses of RM47.3mn as of Sept 30, 2024.
Kumpulan Kitacon Bhd secured a RM65.7mn residential construction contract in Sungai Buloh, Selangor.
Ni Hsin Group Bhd's subsidiary, Ni Hsin EV Tech Sdn Bhd, has received conditional approval from Pitch Platforms Sdn Bhd to host its token crowdfunding campaign on pitchIN's TCF platform.
Keyfield Offshore Sdn Bhd, part of Keyfield International Bhd, acquired a Dynamic Positioning 2 platform supply vessel for US$17.6mn (RM79.2mn).
T7 Global Bhd's subsidiary, Tanjung Offshore Services, has secured a 3-year contract from Carigali Hess Operating Company Sdn Bhd for maintenance, construction, and modification services.
