KUALA LUMPUR: Companies that made recent announcements include Siab, Tugu Setia, Masteel, MST Golf, Careplus, YNHP, Ranhill Utilities, Magna Prima, Cahya Mata and Eonmetall, said Apex Securities Research.
Siab Holdings Bhd has secured a contract to build a food processing factory in Seremban, Negeri Sembilan, worth RM94.28 million.
Tuju Setia Bhd
has bagged a RM209 million contract from Avaland Bhd (previously known as MCT Bhd) for the construction of two blocks of service apartments in USJ 25, Subang Jaya. AmBank Group announced the granting of an RM84 million financing facility to Malaysia Steel Works (KL) Bhd (Masteel) to facilitate its technological transformation into a sustainable steel producer of steel bars and billets with ultra-low greenhouse gas emissions.
MST Golf Group Bhd has confirmed the opening of five more retail stores in Jakarta alone by 2024, after opening its first outlet in the capital of Indonesia recently. NexV Manufacturing Sdn Bhd (NMSB), a joint venture company between Careplus Group Bhd and GoAuto Group Sdn Bhd, will commence the construction of the country’s first green technology facility dedicated to the manufacture and assembly of new energy vehicles (NEVs), including electric vehicles (EVs), in Chembong, Rembau, Negeri Sembilan.
YNH Property Bhd has revealed that it is exploring proposals to sell certain landed properties of the company and its subsidiaries in response to an unusual market activity (UMA) query from Bursa Malaysia.
Ranhill Utilities Bhd has announced the renewal of its licence by the National Water Services Commission (SPAN) to treat and supply water to consumers in Johor for the next three years.
Magna Prima Bhd, which drew the attention of Bursa Malaysia Securities Bhd following a spike in its share price over the last three days, said it is in the “final stage of negotiations for the monetisation of one (piece of land) of its land bank”.
Cahya Mata Sarawak Bhd (CMS) said that Norges Bank, which manages Norway’s Government Pension Fund Global, is no longer a substantial shareholder after holding less than a 5% stake in the Sarawak-based cement manufacturer.
Eonmetall Group Bhd’s wholly-owned subsidiary Eonmetall Land Sdn Bhd (ELSB) has received a notice of award and offer for compensation from the district and land office of Klang for invoking the compulsory acquisition of 0.9 hectare of industrial land for RM30.41 million.
