KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
Mesiniaga Bhd
has inked a three-year renewal of licence subscription agreement with Maybank Shared Services Sdn Bhd valued at RM43.3mn, to be completed by May 31, 2029, with no automatic renewal clause.
Scanwolf Corp Bhd said its wholly-owned subsidiary has accepted a RM21.0mn contract from Sg Besi Construction Sdn Bhd for foundation works of a nine-storey strata factory block in Bukit Raja, Klang, for Armani Maker Alliance Sdn Bhd.
Sum Technology Bhd’s unit Sum Technic Sdn Bhd has secured a RM20.5mn contract from K Test Malaysia Sdn Bhd to design and build a Class 100K, ISO 8-certified clean room facility at K Test’s Ipoh Pengkalan plant in Perak.
Silver Ridge Holdings Bhd’s wholly-owned subsidiary Ingress Delta Construction Sdn Bhd has secured a RM11.4mn contract from Sunway Geotechnics (M) Sdn Bhd.
TMK Chemical Bhd has proposed acquiring Chemical Company of Malaysia Bhd from Batu Kawan Bhd for an indicative RM920.0mn.
Lotte Chemical Titan Holdings Bhd’s 51%-owned subsidiary PT Lotte Chemical Indonesia has accepted a loan of KRW451.7bn (about RM1.2bn) from Lotte Chemical Corp, which owns 24% of LCI.
Public Bank Bhd founder Tan Sri Dr Teh Hong Piow’s family has begun reducing its stake in the bank through its first restricted offer for sale of 250.9mn shares to directors and employees.
Tan Chong Motor Holdings Bhd shareholders have rejected two proposed recurrent related-party transaction mandates involving Warisan TC Holdings Bhd and APM Automotive Holdings Bhd.
KPJ Healthcare Bhd has launched its first kidney transplant programme, marking an expansion into complex tertiary care within its integrated healthcare network.
Genting Plantations Bhd, through its subsidiary Genting Property Sdn Bhd, has launched the Johor Tech Smart City, a 930.8-ha development combining advanced agriculture, technology and smart infrastructure.
Sime Darby Property Bhd won the World Gold Award under the retail category for Elmina Lakeside Mall at the 2026 FIABCI World Prix d’Excellence Awards in Vienna, Austria.
Samaiden Group Bhd has terminated two memoranda of understanding for renewable energy and sustainability projects in Cambodia after the initiatives did not progress into definitive agreements.
Paragon Union Bhd has been queried by Bursa Malaysia after unusually heavy trading triggered a sharp drop in its share price during Friday afternoon trading.
