KUALA LUMPUR: Companies that recently made headlines include PLS Plantation, DNeX, Sapura Energy
, Tex Cycle, Exsim, Teo Seng and KESM, said Apex Securities Research.
PLS Plantation Bhd has inked a deal with China-based Guangzhou Jiangnan Agriculture Development Co Ltd to build a regional one-stop wholesale market in Pasir Gudang, Johor for the processing and marketing of Malaysian agricultural produce.
Dagang Nexchange Bhd (DNeX) is planning to collaborate with Korea Trade Network (KTNET) on several initiatives involving port community system, electronic customs and IT consultancy services for trade facilitation.
Sapura Energy Bhd and its 22 wholly-owned subsidiaries have obtained new convening and restraining orders from the High Court to proceed with its debt restructuring.
Waste management company Tex Cycle Technology (M) Bhd has subscribed to a perpetual medium-term note (MTN) with a nominal value of RM10 million.
Property developer Exsim Group's founders, the Lim brothers, are acquiring a 65.9% stake in Pan Malaysia Holdings Bhd (PM Holdings) from three companies linked to prominent businessman Tan Sri Khoo Kay Peng for RM36.73 million or six sen a share.
Teo Seng Capital Bhd has declared a non-cash dividend as its fourth interim dividend following the poultry company's record-high earnings in the year ended Dec 31, 2023.
KESM Industries Bhd, an integrated circuits burn-in and test service provider, has reported a net profit of RM138,000 for its second quarter ended Jan 31, 2024 (2QFY2024), compared with a net loss of RM720,000 a year earlier, on the back of higher sales generated from processing automotive chips.
