KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
Eco World International Bhd
, which was established in 2013 to focus on overseas property development, is planning to expand its geographical footprint to Malaysia.
Vizione Holdings Bhd said that a RM750mn construction contract awarded by a related party has been terminated, effective immediately.
KNM Group Bhd’s udited financial statement for the FY24 has been flagged with material uncertainties by its external auditor, casting doubt over the Practice Note 17 company’s ability to continue as a going concern.
WTK Holdings Bhd is divesting its loss-making Sarawak unit, Song Logging Company Sdn Bhd, to Huang Qian Wen for RM23.5mn.
Carimin Petroleum Bhd has secured a work order from PETRONAS Carigali Sdn Bhd to provide anchor handling tug supply services under its offshore support vessel panel contract.
Main Market-bound Reach Ten Holdings Bhd is partnering with CelcomDigi Bhd to provide 4G coverage to rural Sarawak using low-energy, low-cost small cell base stations supported by satellite technology.
Compugates Holdings Bhd’s fourth largest shareholder, Datuk Koh Lean Poh, has sold a 9.9% stake in the IT product trading and services provider for RM8.4mn.
HCK Capital Group Bhd has submitted documents to the Securities Commission Malaysia to establish a sukuk wakalah programme of up to RM2.0bn through its subsidiary HCK Cap Access Bhd.
Mah Sing Group Bhd has completed the issuance of RM350mn secured, unrated sukuk murabahah under its existing programme.
Malayan Banking Bhd has appointed Shafiq Abdul Jabbar as group chief financial officer, effective July 7, 2025.
LPI Capital Bhd’s net profit slipped 3.3% YoY to RM98.0mn in the 1QFY25 as higher net expenses from reinsurance contracts offset a rise in revenue.
Tasco Bhd reported a net loss of RM3.2mn for 4QFY25, its first quarterly loss in nearly five years, due to a one-off RM8.4mn write-off of a warehouse facility at Northport, Port Klang.
