KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
Binastra Atlantic Sdn Bhd, jointly owned by Binastra Corporation Bhd with an effective 51.0% stake and Solarvest Holdings Bhd
with 49.0%, has secured RM171.7mn in contracts for three LSS5 solar projects.
Kenanga Investment Bank Bhd has emerged as the lead investor in Halogen Capital Sdn Bhd after acquiring the largest institutional stake of 14.9% in the digital asset fund manager.
Ann Joo Resources Bhd has signed 2 joint venture agreements with Transyear Sdn Bhd to develop the 207-acre Gurun Heavy Industrial Park in Kedah, with GDV exceeding RM203.0mn.
EP Manufacturing Bhd has inked a framework assembly agreement and a related vehicle assembly agreement with XPeng Motors (Malaysia) Sdn Bhd.
Minority shareholders of Turiya Bhd have rejected the proposed RM135.0mn acquisition of Wisma Sentral Inai from Sentral REIT, blocking resolutions at an EGM.
Pasukhas Group Bhd has secured a RM63.6mn contract from a leading multinational technology corporation in the US for the construction of a data centre in Johor Bahru.
Lianson Fleet Group Bhd has made board changes tied to its controlling shareholders where Lim Chern Wooi was redesignated managing director, while his brother Lim Chern Yuan became non-independent, non-executive chairman.
TH Plantations Bhd has appointed Md Zaini Md Zakaria as its new chief financial officer with immediate effect. Md Zaini was formerly the CFO of Censof Holdings Bhd.
Poh Kong Holdings Bhd’s 1QFY26 net profit surged 85.6% YoY to RM39.6mn due to higher revenue and an overall uptrend in gold prices that improved the operating profits.
SSF Home Group Bhd registered a net profit of RM504,000 in 2Q2FY25, from a net loss of RM2.0mn a year ago, supported by stronger sales.
