KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
Maju Holdings Sdn Bhd and its founder Tan Sri Abu Sahid Mohamed have counterclaimed an RM1.4bn suit to get CIMB Group Holdings Bhd
's investment arm, CIMB Investment Bank Bhd, and other parties to cover any liability they may face in the lawsuit brought by sukuk holders of the MEX II highway.
Malakoff Corp Bhd's wholly-owned subsidiary, Prai Power Sdn Bhd, has executed a power purchase agreement with Tenaga Nasional Bhd for a four-year extension of the Prai Power Plant's operations.
Velesto Energy Bhd has initiated the establishment of Sukuk Wakalah programmes with a combined limit of up to RM1.0bn by submitting the necessary documents to the Securities Commission Malaysia.
Cypark Resources Bhd has agreed with the Malaysian Government and the Solid Waste and Public Cleansing Management Corp to undertake the development of Phase 2 of the waste-to-energy plant at Ladang Tanah Merah, Port Dickson, Negeri Sembilan.
PPB Bhd and Malayan Flour Mills Bhd's units have both secured leave to commence judicial review of their dismissed appeals against a fine from the Malaysia Competition Commission for price-fixing.
ES Sunlogy Bhd has secured three subcontract awards in Singapore with a combined value of about RM62.5mn for electrical engineering works across several building projects.
Berjaya Corp Bhd founder Tan Sri Vincent Tan Chee Yioun has sold a 5.3% stake, or 306.0mn shares, in the lottery-to-automotive conglomerate for RM79.6mn through a direct business transaction on March 6.
Advancecon Holdings Bhd have accepted a letter of acceptance of tender for RM148.4mn from JLG Technopark Sdn Bhd for the civil works for package 1B, at Southern Ibrahim Technopolis, Kulai, Johor.
Optimax Holdings Bhd has inked a MoU with MyANGKASA Holdings Sdn Bhd to provide nationwide eye care services to cooperative members and their families.
An independent adviser for DKSH Holdings (Malaysia) Bhd's proposed privatisation has concluded that the exercise is "not fair but reasonable", recommending that minority shareholders vote in favour of the proposal at the upcoming extraordinary general meeting.
Sunway Healthcare Bhd on Monday set its final offering price at RM1.45 per share, in line with its earlier prospectus, aiming to raise RM2.9bn in what could be the country's largest listing in nearly a decade.
Farm Fresh Bhd has named independent director Datuk Quaza Nizamuddin A Hassan Nizam as its new chairman with immediate effect.
