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KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
Securities in Pestech International Bhd will be traded and quoted under the company's new name, Pestec International Bhd, from 9am on March 11, 2025.
KUALA LUMPUR: Securities in Pestech International Bhd will be traded and quoted under the company's new name, Pestec International Bhd, from 9am on Tuesday, March 11, 2025.
KUALA LUMPUR: Pestech International Bhd has announced the appointment of Datuk Seri Dr Shahril Mokhtar as chairman of its subsidiary, Pestech Technology Sdn Bhd (PTECH), effective immediately.
KUALA LUMPUR: Pestech International Bhd has appointed former chief secretary Tan Sri Mohd Zuki Ali as its new non-independent, non-executive chairman and Datuk Mohamed Razeek Md Hussain Maricar as its new group managing director.
Pestech International Bhd has appointed former chief secretary Tan Sri Mohd Zuki Ali as its new non-independent, non-executive chairman and Datuk Mohamed Razeek Md Hussain Maricar as its new group managing director.
PETALING JAYA: Pestech International Bhd has proposed to undertake a restricted issue of 1.33 billion new shares to Dhaya Maju Infrastructure (Asia) Sdn Bhd at an issue price of 12 sen a share, raising RM160mil in the process.
Pestech International Bhd has proposed to undertake a restricted issue of 1.33 billion new shares to Dhaya Maju Infrastructure (Asia) Sdn Bhd at an issue price of 12 sen a share, raising RM160mil in the process.
Pestech International Bhd has entered into a heads of agreement with Dhaya Maju Infrastructure (Asia) Sdn Bhd (DMIA) for the proposed subscription by DMIA of at least a 51% stake in Pestech at 15.5 sen per share.
KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia
KUALA LUMPUR: Pestech International Bhd’s wholly-owned subsidiary company, Pestech Technology Sdn Bhd (PTech), has accepted a letter of award from Malaysia Airports (Sepang) Sdn Bhd for the Automated People Mover (APM) project and associated works at KL International Airport (KLIA), worth RM175.65 million.
KUALA LUMPUR: Here is a summary of the announcements that made headlines in Corporate Malaysia.
KUALA LUMPUR: IJM Corporation Bhd has entered into a conditional subscription agreement for the proposed subscription of 44.83 per cent stake in Pestech International Bhd for RM124 million.
KUALA LUMPUR: IJM Corp Bhd's proposed entry into Pestech Bhd as a strategic shareholder could pose some risks as Pestech as been posting operating losses for four consecutive quarters.
Pestech International Bhd in a revised schedule of completion for the Kuala Lumpur International Airport aerotrain project had proposed completion of the work by a consortium that includes IJM Corp Bhd and itself on a 50:50 basis.
PETALING JAYA: Pestech Technology Sdn Bhd’s (Pestech) contract was cancelled by Malaysia Airports (Sepang) Sdn Bhd (MA Sepang) because the company did not abide by its contractual obligations, the Dewan Rakyat was told.
Analysts across the board opine that construction titan IJM Corp Bhd’s conditional subscription agreement to acquire a 44.8% stake in integrated electrical power technology company Pestech International Bhd could bring about opportunities.
PETALING JAYA: IJM Corp Bhd is acquiring a 44.83% stake in Pestech International Bhd for RM124mil or 15.5 sen per share via a subscription to a restricted issue.
KUALA LUMPUR: Malaysia Airports Holdings Bhd’s (MAHB) wholly-owned subsidiary, Malaysia Airports (Sepang) Sdn Bhd (MA Sepang), has terminated Pestech Technology Sdn Bhd’s (Pestech) contract to supply, design and build an automated people mover (APM) or aerotrain at the Kuala Lumpur International Airport (KLIA).
