KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
Axiata Group Bhd
’s 63%-owned tower company, Edotco Group Sdn Bhd, signed MOUs with Malaysia Digital Economy Corporation and Boost Holdings Sdn Bhd to boost Malaysia's digital economy.
LBS Bina Group Berhad's subsidiary, Gerbang Mekar Sdn Bhd, is facing a RM43.0mn claim filed by Mega Planner Jaya Sdn Bhd, now in liquidation.
Uzma Bhd is hoping to get the nod for its licence from the Energy Commission to commence operations of its 50 megawatt large-scale solar 4 project in Sungai Petani.
Paramount Corp Bhd has issued its first sustainability-linked sukuk wakalah of RM100mn in nominal value today with AmBank Islamic Bhd as the sole subscriber.
Signature International Bhd is proposing to dispose of two pieces of vacant freehold industrial lands in Tempat Bandar Baru Enstek, Negeri Sembilan to Loi Foon Kion for RM25.7mn.
Felda’s 81.9%-owned FGV Holdings Bhd reaffirmed its plans to undertake a bonus issue to reduce Felda’s stake in FGV to meet public shareholding spread requirements.
Minetech Bhd via its wholly-owned subsidiary Coral Evergreen Sdn Bhd has secured a RM36.8mn subcontract from Puncak Utara Sdn Bhd for a sewage system upgrading project and associated works at Ketengah Jaya, Bukit Besi and Seri Bandi Phase III, in Ketengah, Terengganu.
Solar District Cooling Group Bhd, a provider of building management systems en route to its ACE Market debut, has signed an underwriting agreement with Mercury Securities Sdn Bhd for its initial public offering.
Enest Group Bhd, a bird's nest supplier listed on the LEAP Market since August 2019, plans to transfer to the ACE Market on Bursa Malaysia.
MR DIY Group (M) Bhd said the positive economic indicators, the improving ringgit against major currencies and the influx of foreign investments are signs the group could look forward to improving customer sentiment, which in turn would fuel its growth.
Tex Cycle Technology (M) Bhd said there are positive signs in the scheduled waste management business given the government's push for the compliance of waste generators and promotion of the renewable energy space.
