KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
Malayan Banking Bhd
says it is committed to facilitating more than RM15bn of financing in the Johor-Singapore Special Economic Zone.
Alliance Bank Malaysia Bhd and AQ Energy are entering a partnership to expand solar and battery solutions to SMEs.
Kerjaya Prospek Group Bhd's subsidiaries, Permatang Bakti Sdn Bhd and Kerjaya Prospek (M) Sdn Bhd, have secured two construction contracts worth a combined RM197.7mn.
The Eco Business Park 7 project, which has a gross development value of RM3bn, is set to become a new catalyst for the state’s economic and industrial growth under the Malaysia Vision Valley 2.0 masterplan.
Coastal Contracts Bhd and its client have mutually terminated its liftboat charter contract worth RM12.8mn as the vessel failed to meet technical requirements during a pre-deployment inspection.
Mah Sing Group Bhd plans to undertake a new mixed development project, M Cora, on its newly-acquired Penang land with a projected gross development value of RM528mn.
Bursa Malaysia Securities Bhd has reprimanded Solar District Cooling Group Bhd for breaching the ACE Market listing requirements on public shareholding spread at the time of its listing, falling short of the 25% threshold.
LBS Bina Group Bhd's indirect wholly-owned subsidiary, Sinaran Restu Sdn Bhd has entered into a sale and purchase agreement with Asiana Square Sdn Bhd to dispose of two lands in Johor Bahru for RM110mn.
Amanahraya Real Estate Investment Trust plans to establish a RM2bn medium-term note programme to raise capital for refinancing and funds for working capital and capital expenditure.
Integrated fuel and lubricant trader and distributor PSP Energy Bhd aims to raise RM34.2mn from an initial public offering en route to its listing on the ACE Market of Bursa Malaysia.
Ge-Shen Corporation Bhd's net profit rose 69% to RM5.3mn in 3QFY25 from RM3.1mn a year ago, driven by stronger revenue.
Hartalega Holdings Bhd's net profit more than doubled to RM18.3mn in 2QFY26 from RM8.6mn a year ago despite revenue falling 17% YoY to RM539.7mn.
