KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
RHB Bank Bhd has subscribed for an additional 51.0mn new Boost Bank shares for RM51.0mn cash to maintain its 40.0% stake in the digital bank.
KPJ Healthcare Bhd
has proposed to inject two hospital properties into Al-'Aqar Healthcare Real Estate Investment Trust for a combined consideration of RM241.0mn via a sale-and-leaseback arrangement.
Malakoff Corporation Bhd said that it has secured the second phase of its solar energy contract with sister company Northport (Malaysia) Bhd.
Bursa Malaysia Bhd has appointed Tan Sri Abdul Farid Alias as the new chairman, effective May 1, 2025.
Jati Tinggi Group Bhd has secured a RM48.4mn contract from Tenaga Nasional Bhd to develop power supply links for a data centre in Johor.
Keyfield International Bhd's subsidiary Keyfield Offshore Sdn Bhd has disposed of Keyfield Lestari, an 11-year-old four-point mooring accommodation workboat to Saraf Corporation India Private Ltd for a cash consideration of USD12.5mn.
Muhibbah Engineering (M) Bhd has acquired 12.5mn ordinary shares in Master-Pack Group Bhd for RM54.7mn.
A lawsuit has been filed by the former operator of KL Tower against Lim Seong Hai Capital Bhd's subsidiaries and the Malaysian government, challenging the award of the KL Tower concession to LSH Service Master Sdn Bhd.
NexG Bhd is acquiring 175.0mn shares, or a 7.6% stake, in MMAG Holdings Bhd from Chan Swee Ying for RM70.0mn.
Steel Hawk Bhd's wholly-owned subsidiary Steel Hawk Engineering Sdn Bhd has been appointed a panel contractor for engineering, procurement, construction and commissioning works for remote operations for Petronas Carigali Sdn Bhd.
Flexidynamic Holdings Bhd has signed a MoU with HARPS Investment Asia Pte Ltd to acquire Formtech Engineering (M) Sdn Bhd that manufactures various types of gloves.
K-One Technology Bhd has secured an exclusive four-year deal with UK-based CIGA Healthcare to distribute the latter's fertility and healthcare test kits in Malaysia via its wholly owned subsidiary, K-One Wellness Sdn Bhd.
Beshom Holdings Bhd’s net profit in 3QFY25 fell 33.3% YoY to RM2.0mn from RM3.0mn a year ago, due to higher product costs.
Sapura Energy Bhd posted a net profit of RM405.7mn for its 4QFY25 compared to a net loss of RM728.4mn a year earlier, thanks to a disposal gain from the divestment of its 50.0% stake in SapuraOMV Upstream Sdn Bhd.
Cypark Resources Bhd registered a net profit of RM8.8mn for its 3QFY25 compared to a net loss of RM28.0mn a year earlier, thanks to one-off gains such as provision reversal and compensation from a settlement with contractor.
Crescendo Corporation Bhd’s net profit in 4QFY25 fell 83.8% YoY to RM3.4mn from RM21.2mn a year ago, due to lower revenue.
