KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
IHH Healthcare Bhd
said India’s Delhi High Court has ordered a forensic audit into how former Fortis Healthcare Ltd promoters, brothers Malvinder Mohan Singh and Shivinder Mohan Singh, lost their shareholding and how control of Fortis subsequently changed.
Exsim Hospitality Bhd has accepted a RM7.4mn contract from Lim Legacy Properties Sdn Bhd to construct a two-storey temporary sales gallery at Jalan Klang Lama, Kuala Lumpur.
Alam Maritim Resources Bhd has proposed to acquire a 65-metre offshore support vessel for USD19.8mn (RM80.8mn) in cash from Singapore-based POET Shipbuilding & Engineering Pte Ltd to expand its subsea services capabilities in the oil and gas sector.
DXN Holdings Bhd is expanding its manufacturing presence in Latin America with a new facility in Brazil, involving an investment of at least 100.0mn Brazilian reals (RM77.0mn) over five years.
Vstecs Bhd has proposed to dispose of its entire 40.0% stake in ISATEC Sdn Bhd for RM48.8mn to monetise its investment in the enterprise digital solutions firm.
Kee Ming Group Bhd has secured two subcontracts worth a combined RM40.0mn for mechanical and electrical engineering works in Penang and Selangor.
Bintai Kinden Corporation Bhd will receive RM24.7mn under a proposed settlement with Universiti Islam Melaka Bhd over its student accommodation concession at Universiti Islam Melaka.
Aemulus Holdings Bhd has secured new orders worth RMB14.7mn (RM8.8mn) from a China-based customer for the delivery of test systems for the CMOS image sensor market.
Seni Jaya Corporation Bhd’s subsidiary, SJX Media Sdn Bhd, has secured a seven-year advertising media concession for the Johor Bahru-Singapore Rapid Transit System Link.
Ta Win Holdings Bhd’s subsidiary, Ta Win Industries (M) Sdn Bhd, will retrench 39 employees, representing 52.0% of its workforce, as part of a cost-cutting exercise commencing Sept 11.
MHC Plantations Bhd has declared a special dividend of 10sen/share for FY26, payable on Sept 28. The ex-date and entitlement date are Sept 14 and Sept 15, respectively.
Northern Solar Holdings Bhd has received approval in principle from the Securities Commission Malaysia to transfer its listing from the ACE Market to the Main Market of Bursa Malaysia.
