KUALA LUMPUR: Here are the announcements that made headlines in Corporate Malaysia.
MNRB Holdings Bhd
has appointed Datuk Sulaiman Mohd Tahir as its new non-independent and non-executive chairman, effective Feb 14, 2025.
Gateway Development Alliance Sdn Bhd has proposed the compulsory acquisition of all remaining Malaysia Airports Holdings Bhd shares from dissenting shareholders at RM11 per share.
Exsim Hospitality Bhd expects its total order book of RM112.08mn as of Dec 31, 2024, to positively impact revenue and profitability in the coming quarters.
Bursa Malaysia Securities has issued a public reprimand to Waja Konsortium Bhd and imposed a RM100,000 fine on two of its directors for violating ACE Market Listing Requirements.
Able Global Bhd announced that its CEO and executive director, Edward Goh Swee Wang, has been remanded by the Malaysian Anti-Corruption Commission to assist in an ongoing investigation.
Marine & General Bhd’s subsidiary, Jasa Merin (Malaysia) Sdn Bhd, has secured letters of award from Petronas Carigali Sdn Bhd, ExxonMobil Exploration and Production Malaysia Inc and Vestigo Petroleum Sdn Bhd, with a total contract value of RM300mn.
Tenaga Nasional Bhd confirmed that its Tuanku Jaafar Power Station in Port Dickson, Negeri Sembilan, remains fully operational following a minor fire at its gas pipeline vent.
YBS International Bhd stated that apart from its MOU to acquire the entire stake in precision manufacturing firms for US$38mn (RM167.2mn), which was announced in September last year, it is unaware of any corporate developments that may have triggered the unusual market activity in its shares, which recently hit a two-year low.
Maxis Bhd has named Datuk Johan Idris as its new chairman, effective March 1, 2025, replacing interim chairman Datuk Hamidah Naziadin.
Shares of Dialog Group Bhd plunged sharply in early trade on Friday after the company reported a net loss for 2QFY25.
EA Technique (M) Bhd posted a 7.6-fold increase in 4QFY24 net profit to RM25.17mn from a year earlier, driven by other operating income of RM24.21mn.
CPE Technology Bhd’s net profit surged multi-fold to RM10mn for 2QFY25, up from RM1.5mn in the same quarter last year.
LPI Capital Bhd reported a net profit of RM377.09mn for FY24, up from RM313.73mn a year earlier, driven by higher earnings from its general insurance segment.
