KUALA LUMPUR: Here are the companies that made news headlines yesterday.
Pasukhas Group Bhd
has received a letter of acceptance from a leading multinational technology corporation headquartered in the US, for the construction and completion of a data centre located in Selangor for RM57.0mn.
Boustead Heavy Industries Corp Bhd has secured a contract worth RM43.6mn from the Ministry of Defence for in-service support for the Royal Malaysian Navy's Prime Minister Class submarines.
JAKS Resources Bhd's unit has signed a Memorandum of Understanding with China-based CALB Group Co Ltd to explore opportunities in the battery energy storage system market, with a particular focus on the Southeast Asia region.
Protasco Bhd said its wholly-owned subsidiary, Kumpulan Ikram Sdn Bhd, has received an offer from Hong Kong-based Star Teenagers International Group Ltd to purchase Ikram Education Sdn Bhd, the operator of Infrastructure University Kuala Lumpur.
Sarawak Cable Bhd has once again obtained a time extension to submit its Practice Note 17 regularisation plan from Bursa Malaysia. The deadline has now been extended by another six months to Sept 30 from March 31.
Construction outfit and bus operator Epicon Bhd will exit PN17 status on Friday as it has regularised its financial condition.
Annum Bhd received a show-cause notice from Bursa Malaysia over the company's failure to issue its annual report for the financial period ended June 30, 2023 (FY23), which was due on Oct 31, 2023.
Yinson Holdings Bhd has closed the limited recourse term loan facility of up to USD1.3bn (RM6.2bn) for the financing of its Agogo floating, production, storage and offloading vessel, to be deployed in Angola.
Ajinomoto (M) Bhd’s RM2.12 special dividend announced in July last year will go ex on May 15. The payment date will be May 30.
South Malaysia Industries Bhd has appointed Leow Thang Fong as its new chief executive officer, effective May 1, after a group of shareholders rejected him from being re-elected executive director at its annual general meeting in March.
Westports Holdings Bhd's net profit rose 11% to RM204.5mn in the first quarter ended March 31, 2024 (1QFY24) from RM183.6mn last year despite facing challenges in container shipping, particularly due to developments in the Red Sea region.
Lotte Chemical Titan Holdings Bhd’s logged a net loss of RM178.0mn in the first quarter ended March 31, 2024 (1QFY24), making the group's eighth straight quarter in the red as product costs continued to exceed revenue.
Frontken Corp Bhd’s 1QFY24 net profit jumped 27.4% YoY to RM30.1mn, from RM23.6mn last year, mainly due to improved revenue and better profit margin.
UOA REIT, a trust which mainly manages commercial properties, said its net rental income fell 12.7% in 1QFY24 due to lower occupancy rates and higher property operating expenses.
