KUALA LUMPUR: COmpanies that could be in the spotlight include IOI Properties
, Sentral REIT, AirAsia X, Agmo, Hextar Capital, Star Media, Ni Hsin and TNB, said Apex Securities Research.
Former chief executive officer (CEO) of IOI Properties Group Bhd Datuk Voon Tin Yow is set to come out of retirement and assume the role of CEO at Mah Sing Group Bhd, effective Feb 2, 2024.
Separately, Mah Sing has entered into an agreement with PT Gaya Sukses Mandiri Kaseindo to jointly carry out business relating to manufacturing and trading of plastic pallets, containers and related material handling and storing products in Indonesia.
Sentral Real Estate Investment Trust's (Sentral REIT) net property income (NPI) rose 30.21% to RM36.26 million for the fourth quarter ended Dec 31, 2023 (4QFY2023), from RM27.85 million a year earlier, on the back of higher revenue.
AirAsia X Bhd’s (AAX) passenger load factor (PLF) continued to climb to 80% for the financial year ended Dec 31, 2023 (FY2023), versus 78% a year earlier, even as seat capacity jumped 6.6 times year-on-year (y-o-y) to 3.55 million.
Agmo Holdings Bhd has teamed up with two individuals to provide end-to-end machine learning and artificial intelligence-powered (AI) solutions.
Hextar Capital Bhd's (HexCap) plans to dispose of its 40% stakes in Unigel (UK) Ltd and Unigel IP Ltd as the group is looking to refocus its resources on its fibre optic cables and cable-related products manufacturing activities, while diversifying into the power generation and transmission businesses.
Star Media Group Bhd has appointed Chan Seng Fatt as its new group chief executive officer, effective March 1, 2024.
Ni Hsin Group Bhd's wholly owned subsidiary Ni Hsin EV Mobility Sdn Bhd on Tuesday signed a master dealer agreement with MYUS Autotech Sdn Bhd, to promote and market EBIXON motorcycles in Perlis and Langkawi.
Tenaga Nasional Bhd (TNB), via its subsidiary TNB Repair and Maintenance Sdn Bhd (TNB Remaco), is broadening its power plant maintenance business in Kuwait, with a multi-year maintenance programme agreement for the Shuaiba North Power Generation and Water Distillation Plant in Ahmadi.
