KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
Astro Malaysia Holdings Bhd
will launch its X3 streaming service from July 20, with subscription plans starting from RM39.99 per month, as it seeks to reverse the decline in its subscriber base and provide a simple sign-up alternative to combat content piracy.
SkyeChip Bhd is collaborating with Cerebras Systems Inc to advance ultra-fast AI computing through its industry-leading wafer-scale engine technology.
Master TEC Group Bhd has secured a RM109.5mn one-year contract extension from Tenaga Nasional Bhd to supply underground cables and conductors for its distribution network division.
Rhong Khen International Bhd is acquiring three industrial properties in Kapar, Selangor, for RM47.0mn in cash.
Ge-Shen Corporation Bhd has entered into a sale and purchase agreement with Plastico Sdn Bhd to dispose of five parcels of freehold land in Tebrau, Johor, for RM35.5mn.
Aemulus Holdings Bhd has secured new orders worth RM17.7mn from a Malaysia-based automotive customer for the supply of test systems for automotive devices.
Reservoir Link Energy Bhd has secured a five-year contract from Petronas Carigali Sdn Bhd to provide remedial sand control equipment and services.
Waja Konsortium Bhd will be uplifted from its Guidance Note 3 status with effect from 9.00am today after regularising its financial condition.
Tex Cycle Technology (M) Bhd has entered into a collaboration agreement with Anggun Kitar Resources Sdn Bhd to strengthen its scheduled waste management capabilities through a strategic partnership.
Zetrix AI Bhd said its Layer-1 public blockchain platform has been selected as the underlying protocol for the Philippines’s planned public blockchain infrastructure under a MoU signed with the Philippine government.
Niche Capital Emas Holdings Bhd said its joint development partner, Greensnow Consolidated Bhd, has secured an interim manufacturing licence from MITI to process rare earth carbonate into rare earth oxide at its plant in Gebeng, Kuantan.
Theta Edge Bhd said its JV with Nova MSC Bhd to provide e-government and technology solutions has been terminated after the venture failed to commence any material business operations and achieve its intended commercial objectives.
MCE Holdings Bhd aims to increase exports to around 30% of total revenue from less than 10% currently, as it ramps up production at its new manufacturing hub and secures more projects from overseas customers, particularly in the US.
SRKK AI Bhd, which is set to list on the ACE Market of Bursa Malaysia Bhd on July 9, posted its first quarterly earnings, reporting a net profit of RM1.3mn on revenue of RM31.4mn for 1QFY26.
