KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
LFE Corp Bhd
has secured three contracts worth a combined RM23.9mn for electrical, mechanical and plumbing works at a commercial development in Ara Damansara, Selangor.
Malayan Banking Bhd has entered into an unconditional share purchase agreement with Belgium-based Ageas Insurance International NV to acquire the remaining 31.0% equity interest in Maybank Ageas Holdings Bhd for RM4.8bn, involving 78.0mn Maybank Ageas shares.
EI Power Bhd is proposing to acquire a piece of freehold land in Shah Alam, Selangor measuring 1,495.1 sq metres, together with a two-and-a-half storey semi-detached factory, from Elitesoft Asia Sdn Bhd for RM17.2mn.
Mikro MSC Bhd is acquiring Broadguard Sdn Bhd for RM30.0mn to expand into the wholesale and distribution of cables and related product.
Enra Group Bhd indirect subsidiary Hexagon Energy Logistics Sdn Bhd has entered into a pre-joint bidding cooperation agreement with China Offshore Engineering & Technology Co Ltd to jointly bid for a floating storage and offloading project in Southeast Asia.
Public Bank Bhd has proposed to privatise its 73.2%-owned Public Financial Holdings Ltd and withdraw its listing from the Hong Kong Stock Exchange, offering HK$2.50 in cash (approximately RM1.29) for each share it does not already own.
Parkson Holdings Bhd's 55.0%-owned subsidiary Parkson Retail Group Ltd has renewed the tenancy of its retail property in Nanchang, China, for 15 years in a transaction valued at about RMB185.0mn (approximately RM111.0mn).
SSF Home Group Bhd Low Kok Yew has emerged as a substantial shareholder after raising his stake to above 5%.
Pimpinan Ehsan Bhd will be delisted on Sept 14 after failing to submit a plan to revive the company by the deadline.
Kuala Lumpur Kepong Bhd has redesignated its chief operating officer Lee Jia Zhang as chief executive officer, effective Oct 1, filling the vacancy left by his father Tan Sri Lee Oi Hian.
Ahmad Zaki Resources Bhd Datuk Seri Wan Zakariah Wan Muda has been appointed as chairman, succeeding Tan Sri Madinah Mohamad, who has resigned to pursue personal interests.
GB Bond Holdings Bhd aims to raise RM16.1mn from its initial public offering ahead of its listing on Bursa Malaysia's ACE Market on Oct 1, 2026.
Scientex Bhd ended FY26 with net profit rising to RM620.2mn from RM530.8mn in FY25, as revenue grew to RM4.8bn from RM4.5bn, underpinned by improved contributions from both its packaging and property divisions.
