KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
IHH Healthcare Bhd
is consolidating its India hospital operations by integrating Fortis Healthcare Ltd and Gleneagles Healthcare India Pvt Ltd.
Tan Sri Liew Kee Sin, executive chairman of Eco World Development Group Bhd, disposed of 100mn shares — representing a 3.4% stake — over 2 days, for an estimated RM190.0mn.
Capitaland Malaysia Trust has completed its accelerated bookbuilding exercise to raise RM250.0mn in gross proceeds from its private placement. A total of 409.8mn new units at 61.0sen each will be issued under the private placement, representing a 6.9% discount to the market price.
HI Mobility Bhd has denied claims that it reduced the salaries of its cross-border bus drivers, stating that all payments have been made in full and in accordance with employment contracts and statutory regulations.
Evergreen Max Cash Capital Bhd has entered into a subscription agreement with DPK Private Equity Sdn Bhd to raise RM40.0mn.
TT Vision Holdings Bhd has via its wholly-owned subsidiary TT Vision Technologies Sdn Bhd entered into a 60-year lease with Penang Development Corporation for a 3.6-acre plot in Bayan Lepas Industrial Park for RM25.1mn.
Sentoria Group Bhd has reached a settlement with former CEO Datuk Loh Yuen Tuck in the Industrial Court. Under a consent award, Sentoria will pay RM142,800, and both parties will mutually release and discharge all claims against each other.
AME Real Estate Investment Trust recorded a 11.5% YoY increase in net property income to RM12.7mn for 1QFY26, contributed by 2 new property acquisitions and higher rental rates from tenancy renewals.
UOA Real Estate Investment Trust, which mainly manages commercial properties, saw its net rental income increase by 8.9% YoY to RM18.0mn for 2QFY25 driven by improved occupancies.
Infomina Bhd has booked its first quarterly loss since its listing in November 2022, with a net loss of RM3.1mn in 4QFY25, which it attributed to a one-off RM10.0mn provision for doubtful debts related to a customer in the Philippines.
