KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
Zetrix AI Bhd has confirmed that it owes the Road Transport Department RM314.0mn in unremitted collections between May and September 2026, with the amount recognised as a payable on its balance sheet.
Northern Solar Holdings Bhd has secured a RM34.0mn EPCC contract to develop a 9.5MW large-scale solar photovoltaic plant.
Datasonic Group Bhd
has terminated its proposed RM28.5mn acquisition of an industrial property in Petaling Jaya after failing to obtain Fire and Rescue Department approval for fire safety equipment.
Aemulus Holdings Bhd has secured new orders worth USD3.9mn, or RM15.8mn, from an undisclosed Singapore customer for test systems used in the data centre and AI market.
Salutica Bhd has proposed a private placement of up to 30.0% of its issued shares to raise up to RM16.2mn, mainly to support its proposed diversification into property development and construction, as well as expand its existing manufacturing business.
Axteria Group Bhd has proposed a private placement of up to 78.8mn new shares, representing 10.0% of its issued shares, to raise about RM7.4mn.
Landmarks Bhd, via its indirect wholly owned subsidiary Tiara Gateway Pte Ltd, is acquiring a 5.1% stake in Mendol Investments Pte Ltd for SGD1.4mn, or RM4.5mn.
MMM Group Bhd will be delisted on Oct 12, 2026 after Bursa Malaysia Securities dismissed its appeal against the rejection of its proposed regularisation plan.
EGH International Bhd said the public portion of its IPO has been oversubscribed by 2.63x ahead of its ACE Market listing on Oct 16, 2026.
Speedy Best Holdings Bhd is planning an ACE Market listing involving a public issue of 185.0mn new shares, representing 18.05% of its enlarged share capital, and an offer for sale of 82.0mn existing shares.
Ancile Tech Bhd has filed its draft prospectus for an ACE Market listing, involving a public issue of 82.5mn new shares, or 20.0% of its enlarged share capital, and an offer for sale of 41.25mn existing shares.
