KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
CIMB Group Holdings Bhd announced a senior leadership restructuring effective Feb 1, 2025, including the departure of Effendy Shahul Hamid, CEO of group consumer and digital banking.
Berjaya Corporation Bhd remains interested in the Kuala Lumpur-Singapore high-speed rail project, but its progress hinges on government decisions and financial considerations, said founder Tan Sri Vincent Tan.
Mitrajaya Holdings Bhd said it has secured a RM375.5mn contract for the construction of a data centre in Kuala Lumpur from NextDC Sdn Bhd, the Malaysian unit of Australia's data centre operator NextDC Ltd.
Heitech Padu Bhd secured a RM28.3mn, two-year extension for maintaining the Malaysian Immigration System from Feb 18, 2025, to Feb 17, 2027, with renewals at the government's discretion.
Datasonic Group Bhd’s subsidiary won a RM6.4mn, 36-month contract from the Home Ministry to maintain the Immigration Department's facial live capture system starting Feb 25, 2025.
Petronas Gas Bhd's unit, Regas Terminal (Pengerang) Sdn Bhd, has partnered with Dialog Equity (Three) Sdn Bhd, a Dialog Group Bhd
subsidiary, to develop Malaysia's first LNG-driven air separation unit in Pengerang, Johor.
Hong Leong Bank Bhd has signed an agreement to cooperate with WeBank Technology Services, a subsidiary of WeBank, China's largest digital bank, as it aims to raise its operational efficiency and leverage artificial intelligence.
Betamek Bhd's subsidiary, Betamek Electronics (M) Sdn Bhd, achieved Level 5, the highest rating in the supplier competitiveness level assessment by the Malaysia Automotive Robotics and IoT Institute.
Zecon Bhd's subsidiary, Zecon Medicare Sdn Bhd, signed a renewable energy power purchase agreement with Universiti Kebangsaan Malaysia for its first 2MW rooftop solar photovoltaic project.
JF Technology Bhd co-founder and managing director Datuk Foong Wei Kuong bought another 14.4mn shares or an additional 5.6% stake in Cosmos Technology International Bhd
from MSM International Ltd, raising his stake to 18.0%.
Bird's nest processor Mymbn Bhd announced the Department of Veterinary Services Malaysia has lifted the nearly month-long suspension on exporting raw-cleaned and raw-uncleaned edible bird’s nest products to China, a key market for the company.
Homeritz Corporation Bhd reported a RM3.0mn loss from a fire at its Muar, Johor facility, to be reflected in 2QFY25 results.