KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
Encorp Bhd
where Felda Investment Corp Sdn Bhd holds a 67.13% stake, has suspended its Group Chief Executive Officer, Hazurin Harun, to facilitate an internal investigation related to allegations involving the Malaysian Anti-Corruption Commission.
Mikro MSC Bhd plans to acquire TES Productions & Projects Pte Ltd, a Singapore-based sign and advertising display manufacturer, for RM 30mn in shares.
Maxis Bhd and Huawei Technologies (Malaysia) Sdn Bhd have announced a strategic partnership to establish a joint innovation centre focused on the development of 5G-advanced technology.
Icon Offshore Bhd is fully cooperating with the relevant authorities with regards to the explosion that occurred on its vessel, the Icon Amara, which resulted in two fatalities and one serious injury.
Straits Energy Resources Bhd is proposing to list its 76.68%-owned subsidiary TMD Energy Ltd on the New York Stock Exchange American.
HSS Engineers Bhd’s associate HSS Integrated Sdn Bhd has secured an estimated RM10.3mn contract to provide project construction management services to Yellowwood Properties Sdn Bhd for a new data centre campus in Sedenak Tech Park in Kulai, Johor.
Censof Holdings Bhd has secured a RM14.6mn contract from the Penang Development Corp to provide an enterprise-wide financial management information system.
Pekat Group Bhd has secured a RM 21.8mn contract from Gamuda Engineering Sdn Bhd to install earthing and lightning protection at a data centre.
Kumpulan Kitacon Bhd has secured a RM 111.2mn contract from Sime Darby Property (Bukit Raja) Sdn Bhd for the construction of factories and industrial facilities in Klang, Selangor.
The Employees Provident Fund has become a substantial shareholder in SMRT Holdings Bhd for the first time, increasing its stake to 5.017%, or 22.7mn shares.
Loh Chen Yook, chairman of Karyon Industries Bhd and independent non-executive director of Enra Group Bhd, has become a substantial shareholder in Sycal Ventures Bhd.
MSM Malaysia Holdings Bhd has appointed Nur Izwan Mohd Nawawi as the officer-in-charge on an interim basis from Aug 12, 2024, following the resignation of the company's chief financial officer.
Carlo Rino Group Bhd has received approval from Bursa Malaysia for its transfer from the LEAP Market to the ACE Market.
Well Chip Group Bhd reported a net profit of RM 14.3mn in the 2QFY24, marking a 20% increase from RM11.9mn in the first quarter.
