KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
MISC Bhd
and the Employees Provident Fund have been granted an extension by the Securities Commission Malaysia until Nov 30 to declare whether they intend to take Yinson Holdings Bhd
private.
SD Guthrie Bhd
has denied allegations that its subsidiaries or employees were responsible for forest and land fires in Indonesia, stating that it does not own or control certain firms identified as affiliates in public reports.
Sunview Group Bhd
has secured a RM5.0mn banking facility through its indirect wholly-owned subsidiary, SAM 2 Sdn Bhd, from Bank Kerjasama Rakyat Malaysia Bhd to finance general working capital requirements and short-term liquidity needs.
Awanbiru Technology Bhd
has secured an RM8.7mn contract through its wholly-owned subsidiary, Awantec Systems Sdn Bhd, from TH Plantations Bhd to supply, implement and maintain the Sage X3 enterprise resource planning system for TH Plantations and its subsidiaries.
Bus Cap Bhd has partnered with Starcharge Energy Sdn Bhd to explore EV charging infrastructure and related services in Malaysia as part of its diversification beyond vehicle manufacturing.
Computer Forms (Malaysia) Bhd has applied for leave to commence judicial review proceedings against Bursa Malaysia’s decision to publicly reprimand the group and fine eight current and former directors a combined RM2.0mn for multiple listing requirement breaches.
LYC Healthcare Bhd
has deferred its planned ACE Market delisting after filing an appeal with Bursa Malaysia Securities ahead of the Oct 26 deadline.
Magna Prima Bhd
has proposed to change its name to Hallson Group Bhd, subject to shareholders’ approval at an extraordinary general meeting to be scheduled.
South Malaysia Industries Bhd
has secured a High Court ruling quashing the Securities Commission Malaysia’s approval of six directors nominated by its largest shareholder, Target 1 Sdn Bhd.
Zetrix AI Bhd managing director Wong Thean Soon sold another 3.1mn shares through his investment vehicle, Asia Internet Holdings Sdn Bhd, on Oct 19 at 5 sen per share, reducing his total stake to 1.9%.
CIMB Group Holdings Bhd
has appointed Tan Sri Dr Wee Hoe Soon @ Gooi Hoe Soon, 66, as an independent non-executive director effective Jan 1, 2027.
SKA Capital Bhd has fixed its IPO price at 43 sen per share ahead of its ACE Market listing on Nov 11.
RedPlanet Bhd reported a 22.1% YoY increase in FY2026 net profit to RM6.3mn, while revenue grew 22.3% to RM40.7mn, driven by higher contributions from its core information and communications technology segment.
