KUALA LUMPUR: Companies in the headlines recently include SunCon, Rohas, KPS, Kelington, Datasonic, GDB ad SBH, said Apex Securities Research.
Sunway Construction Group Bhd
(SunCon) and the National Highway Authority of India (NHAI) have reached a settlement regarding the East West Corridor highway construction project, with NHAI agreeing to pay 375.32 million rupees (RM20.96 million) to Sunway Construction Sdn Bhd (SCSB), a wholly-owned unit of SunCon.
Rohas Tecnic Bhd said a consortium led by the construction engineering group has secured a contract worth RM199.84 million under the Johor Bahru–Singapore Rapid Transit System Link (RTS Link) project.
Kumpulan Perangsang Selangor Bhd (KPS), controlled by the Selangor government, is planning to divest a 50% stake in Kaiserkorp Corp Sdn Bhd to AI Dream (HK) Ltd for some RM265.48 million cash.
Kelington Group Bhd has bagged a contract worth about RM143 million from China's largest semiconductor foundry to build a gas hookup system in Shanghai, China.
Datasonic Group Bhd has received a letter of award (LOA) and four contract extensions from the Ministry of Home Affairs (MOHA) worth a total of RM175 million.
GDB Holdings Bhd's unit Grand Dynamics Builders Sdn Bhd (GDBSB) has filed a winding-up petition with the Kuala Lumpur High Court against KSK Land Sdn Bhd.
SBH Marine Holdings Bhd has received approval from Bursa Malaysia Securities Bhd to list on the ACE Market of the local stock exchange.
