KUALA LUMPUR: Here are the companies making headlines in Corporate Malaysia.
Public Bank Bhd
has received approval from the State Securities Commission of Vietnam to acquire RHB Bank Bhd’s stockbroking firm in Vietnam for RM72.6mn.
Maxis Bhd, one of the five mobile network operators involved in the implementation of the national dual network 5G model, said that it is ready to complete the Digital Nasional Bhd share subscription agreement process.
Toyo Ventures Holdings Bhd’s wholly-owned unit Song Hau 2 Power Company Ltd has secured USD980mn (RM4.6bn) equipment financing facility from i-Power Solutions Pte Ltd.
Binastra Corp Bhd, formerly known as Comintel Corp Bhd, said it has secured a contract worth RM315mn to build two blocks of residential apartments in Bandar Tasik Selatan, Kuala Lumpur.
Paragon Globe Bhd is acquiring a parcel of land, measuring 9.8 acres in Plentong, Johor Bahru, for RM13.5mn.
Sunview Group Bhd has secured a RM51.9mn contract to build a 44.99 MWp solar photovoltaic plant in Kuala Ketil, Kedah.
Perak Corp Bhd has agreed to jointly develop with Urbax Properties Sdn Bhd a housing development project in Hulu Kinta in Kinta, Perak, on three tracts of vacant freehold land measuring a total area of about 24.807 acres.
DS Sigma Holdings Bhd has proposed to transfer its listing from the ACE Market to the Main Market of Bursa Malaysia, stating that it has met the required profit requirements.
Euro Holdings Bhd said it is disposing of an 8,000 sq m industrial land in Rawang, together with a two-storey detached factory and an annexed three-storey office building sited on it for RM17.3mn, cash.
Engtex Group Bhd has proposed to undertake a bonus issue of up to 414.3mn new shares, on the basis of three bonus shares for every four existing shares.
Go Hub Capital Bhd has entered into an underwriting agreement with UOB Kay Hian Securities (M) Sdn Bhd in conjunction with its Initial Public Offering on the ACE Market of Bursa Malaysia.
