KUALA LUMPUR: Companies with recent announcements include F&N, Hume Cement, GFM, APB, Uzma, Carimin, Priceworth and Hektar REIT, said Apex Securities Research.
Fraser & Neave Holdings Bhd
(F&N) entered into an agreement with Suvannaphum Investment Co Ltd to lease a 32,200 sq m parcel of industrial land in the Suvannaphum Special Economic Zone, Cambodia for 50 years for US$3.86 million (RM18.5 million) to set up a manufacturing facility for dairy products.
Hume Cement Industries Bhd’s (HCIB) wholly owned Hume Concrete Sdn Bhd has inked a conditional sale and purchase agreement to sell a plot of land in the Prai Industrial Estate in Penang to Skygate Technology (KL) Sdn Bhd for RM39.8 million, cash.
GFM Services Bhd is acquiring the entire stake in Era Gema Bina Sdn Bhd for RM23 million to expand into the highway rest and service area (RSA) business.
APB Resources Bhd has completed a RM140 million purchase of a 10.37% stake in Penang-based semiconductor firm Globetronics Bhd from the Ng family, following an agreement signed on Dec 18 last year.
Uzma Bhd has secured a term contract from Petronas Carigali Sdn Bhd to provide a portable water injection module (PWIM) for the Sepat platform in Terengganu.
Carimin Petroleum Bhd’s wholly owned Carimin Engineering Services Sdn Bhd has received a contract extension from Petronas Carigali Sdn Bhd for the provision of integrated hook-up and commissioning services.
Priceworth International Bhd has proposed a bonus issue of 801.81 million free warrants on the basis of one warrant for every two shares held.
Hektar Real Estate Investment Trust (Hektar REIT) issued five-year medium-term notes (MTNs) worth RM215 million — the first issuance under Hektar MTN Satu Sdn Bhd's MTN programme of up to RM500 million in nominal value.
