KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
AirAsia is planning to expand its network in Indonesia, particularly in East Nusa Tenggara, the southernmost province of the country, according to Capital A Bhd
’s chief executive officer Tan Sri Tony Fernandes.
Pharmaniaga Bhd's newly launched biopharmaceutical plant in Puchong that produces human insulin, biosimilars and vaccines is projected to generate RM400.0mn annually or up to 30.0% of the group's revenue.
Bina Darulaman Bhd clarified that the resignation of its external auditor, KPMG PLT, effective Sept 9, 2024, was part of a routine governance practice.
Ancom Nylex Bhd is acquiring a 70.0% stake in Colorex Sdn Bhd for RM14.0mn, cash.
Country Heights Holdings Bhd said it will request Lean Xing Construction Sdn Bhd, a contractor for the group's residential project in Kedah, to withdraw its legal action against the group's subsidiary, Country Heights Smart Living Sdn Bhd, over alleged unpaid payments.
Datuk Seri Dr Shahril Mokhtar has stepped down as managing director of technology firm Green Packet Bhd after almost a year on the job.
Pos Malaysia Bhd is set to fully transition to electric vehicles by 2030 under its sustainability roadmap, in a move aimed at reducing carbon emissions and lowering operational costs.
KHPT Holdings Bhd, which manufactures and sells automotive parts and components in Malaysia, aims to raise RM21.7mn via listing on the ACE Market of Bursa Malaysia
United Malacca Bhd said its net profit rose by nearly five times to RM13.3mn for its 1QFY25, from RM2.7mn a year earlier, thanks to higher contributions from its Malaysian operations.
Eco World Development Group Bhd’s net profit soared 21.3% YoY to RM80.4mn for 3QFY24 from RM66.3mn a year ago, driven by improved earnings contributions from its Malaysian operations.
SSF Home Group Bhd’s net profit dropped 52.8% YoY to RM2.7mn for 1QFY25 from RM1.3mn a year ago, due to softer consumer demand.
KESM Industries Bhd slipped into the red in its 4QFY24 with a net loss of RM977k versus a net profit of RM316k a year ago, as revenue fell amid lower sales from automotive chip processing.
