KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
CelcomDigi Bhd
said its wholly-owned subsidiary, CelcomDigi Telecommunications Sdn Bhd, has lodged a proposed Islamic medium-term notes (sukuk) programme of up to RM10.0bn with the Securities Commission Malaysia.
Malakoff Corp Bhd has awarded a RM34.4mn contract to MMC Engineering Sdn Bhd for transmission and interconnection works at its waste-to-energy facility in Sungai Udang, Melaka.
Astro Malaysia Holdings Bhd has proposed to dispose of its broadband business to Maxis Bhd for up to RM83.0mn in cash as it refocuses on its core content, advertising and entertainment businesses.
Comfort Gloves Bhd has agreed to settle a two-year tax dispute with the Inland Revenue Board for RM8.3mn, subject to finalisation of the paperwork.
KTI Landmark Bhd has entered into a three-year MOU through its wholly-owned subsidiary, K.T.I Development Sdn Bhd, with Tunku Abdul Rahman University of Management and Technology to explore providing dedicated student accommodation for its Sabah branch campus.
Ni Hsin Group Bhd has handed over the first batch of 43 newly upgraded SURRON electric off-road motorcycles to China-based Chongqing Qiulong Technology Co Ltd through its wholly-owned subsidiary, Ni Hsin EV Tech Sdn Bhd.
Propel Global Bhd has signed an MOU through its subsidiary, Best Wide Engineering (M) Sdn Bhd, with Labuan Shipyard & Engineering Sdn Bhd and Teguh Energy Sdn Bhd to explore oil and gas engineering opportunities in Sabah.
Revenue Group Bhd has signed a framework agreement with Beijing- and Hong Kong-based Assets Singularity Technology Holding Ltd to explore opportunities in payment services and overseas renminbi bond issuance projects.
Yinson Holdings Bhd said its JV with PetroVietnam Technical Services Corp achieved first oil at Vietnam’s Lac Da Vang field on Sept 27, ahead of its original 4Q2026 target.
Zetrix AI Bhd will convene another sukukholders’ meeting after parties failed to reach an agreement on resolving a covenant breach under its RM2.0bn sukuk programme by the deadline.
Solarvest Holdings Bhd has welcomed UK-based insurer Prudential plc as a substantial shareholder after it acquired 51.4mn shares, representing a 5.25% stake, on Oct 21.
Affin Bank Bhd has appointed Doreen Choo Choy Wan as CEO of its asset management division with immediate effect. She will oversee Affin PHEIM Islamic Asset Management Sdn Bhd and Affin PHEIM Unit Trusts Bhd.
Hong Leong Capital Bhd has appointed Datuk Muhamad Umar Swift as managing director and CEO of Hong Leong Investment Bank Bhd, effective Jan 1, 2027.
Redtone Digital Bhd has appointed Datuk Seri Robin Tan Yeong Ching as executive deputy chairman, replacing Syed Ali Shahul Hammed, who stepped down to pursue other commitments.
YTL Hospitality Real Estate Investment Trust has made two alternate executive director changes involving third-generation members of the Yeoh family.
KEB Bhd has fixed its IPO price at 35 sen per share, aiming to raise RM48.5mn through the issuance of 138.5mn new shares ahead of its proposed ACE Market listing.
