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KUALA LUMPUR: Here are the announcements that made headlines in Corporate Malaysia.
Hextar Capital Bhd has secured a contract from Landasan Kapital (M) Sdn Bhd valued at RM97.0mn to supply materials, labour, tools and equipment for the construction of student hostels at Universiti Malaysia Kelantan in Bachok.
Keyfield International Bhd has handed over Keyfield Helms 1, a DP2 geotechnical vessel, to Helms Geomarine Sdn Bhd to commence its charter.
Astro Malaysia Holdings Bhd’s wholly-owned subsidiaries, Astro Shaw Sdn Bhd and Measat Broadcast Network Systems Sdn Bhd, have been served with additional assessment notices by the Inland Revenue Board totalling RM734.9mn.
BM Greentech Bhd has proposed to undertake a bonus issue of up to 172.0mn warrants on the basis of 1 warrant for every 4 existing BMG shares held by entitled shareholders.
Shin Yang Group Bhd is injecting part of their Toyota and Lexus car dealership business in East Malaysia into Shin Yang for RM144.5mn, in a cash and share deal.
Theta Edge Bhd has clarified that the project it secured from the Ampang Jaya Municipal Council will involve an investment cost of RM673.8mn in operating expenditure for Internet of Things technology.
G3 Global Bhd has secured a project to develop the National Integrated Migrant Workers Dormitory for the Maldives government.
Aneka Jaringan Holdings Bhd has won a RM53.0mn sub-contract from Grand Dynamic Builders Sdn Bhd for the execution of bored piles and precast reinforced concrete piles works of a new logistic hub located in Shah Alam.
Pesona Metro Holdings Bhd is diversifying into property development through the acquisition of a 51.0% stake in the developer of a high-rise residential project in Bukit Jalil, for RM40.8mn in cash.
Asia Poly Holdings Bhd is buying a 50.0% stake in an IT engineering firm, Darwell Asia Pacific Sdn Bhd — a move to venture into telecommunications engineering and data centre support services.
BWYS Group Bhd said that the 51.3mn new shares offered to the Malaysian public have been oversubscribed by 48.5 times.
Colform Group Bhd, a Sabah-based manufacturer of steel roofing, steel cladding and other related steel products, has filed for an initial public offering on the ACE Market.
CBH Engineering Holding Bhd, an electrical engineering service firm, filed for an initial public offering on the ACE Market to raise funds for new equipment and to free up working capital.
Atlan Holdings Bhd 1QFY25 net profit increased slightly by 2.3% YoY to RM5.2mn, driven by higher revenue contribution from all its business segments.
