KUALA LUMPUR: Headlines were made yesterday by Econframe, MGB, Tien Wah, Alpha IVF, George kent, MSM, Magna Prima, Sunview and Wentel, said Apex Securities Research.
Econframe Bhd
has acquired industrial property builder ETA World Sdn Bhd for RM56 million.
MGB Bhd, a subsidiary of LBS Bina Group Bhd, has promoted its executive vice chairman, Tan Sri Lim Hock San, to group executive chairman with effect from Monday.
Tien Wah Press Holdings Bhd has entered into an agreement with Cat Loi Joint Stock Company (CLC) to form a joint venture company (JVco) to undertake the business of production of paper packaging, print packaging and other business activities in Vietnam.
Fertility care specialist Alpha IVF Group Bhd said it has obtained the approval of Bursa Malaysia Securities to proceed with its proposed initial public offering (IPO) on the ACE Market.
George Kent (Malaysia) Bhd has ventured into Vietnam with a new subsidiary that will operate an assembly plant capable of producing 600,000 water meters annually, and is set to commence operations in the second quarter of 2024.
MSM Malaysia Holdings Bhd has announced a further extension of the garden leave for its chief financial officer (CFO) Dr Mazatul 'Aini Shahar Abdul Malek Shahar by another month.
Magna Prima Bhd extended its losses for a second consecutive trading day on Monday, after it was slapped with an unusual market activity (UMA) query by Bursa Securities last week.
ACE Market-listed Sunview Group Bhd is in talks with several Cambodian companies for the proposed development of some renewable energy facilities in Cambodia, in its bid to expand its business abroad.
Wentel Engineering Holdings Bhd is pricing its shares at 26 sen apiece in an ACE Market listing exercise worth RM83 million, comprising RM71.03 million to be raised by the company via an initial public offering (IPO), and an offer for sale of a 4% stake in the company by two shareholders for RM11.96 million.
