KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
Aneka Jaringan Holdings Bhd
has secured a RM53.4mn contract through its wholly-owned subsidiary from EDP Consulting Group Sdn Bhd for piling works at the proposed Rio City Town Centre in Bandar Puteri Puchong, Selangor.
Berjaya Property Bhd has proposed to increase its stake in Manjaran Sdn Bhd to 49.0% by acquiring Citaglobal Bhd’s entire 20.0% interest for RM50.0mn via a share-swap arrangement.
Econpile Holdings Bhd has secured a RM24.4mn contract through its wholly-owned subsidiary from REIN Architects Sdn Bhd, on behalf of Beverly 37 Sdn Bhd, for site clearing, retaining wall and piling works for a 53-storey serviced apartment project.
Edelteq Holdings Bhd is acquiring a 51.0% stake in factory automation solutions provider Nixma Technology (M) Sdn Bhd for RM15.3mn.
GDB Holdings Bhd has secured its largest contract to date, valued at RM1.02bn, from Perdana ParkCity Sdn Bhd for the construction of ParkCity Residences in Desa ParkCity, Kuala Lumpur.
KKB Engineering Bhd said its 60.81%-owned subsidiary, OceanMight Sdn Bhd, has secured RM49.8mn in arbitration awards against Shapadu Energy Services Sdn Bhd over hook-up and commissioning projects in Sarawak.
Malton Bhd has abandoned plans to explore Malaysia’s electric motorcycle market with China-based Dongguan Benling Vehicle Technology Co Ltd after the prospective partner failed to make sufficient progress.
Matang Bhd has suspended CFO and acting COO Tan Theng Hwee pending an internal investigation into governance, operational and management conduct matters.
Pansar Bhd has secured a RM170.9mn subcontract through its wholly-owned subsidiary from KKB Engineering Bhd for civil and structural works under the second phase of water infrastructure upgrades in Samalaju, Sarawak.
SSF Home Group Bhd is acquiring three parcels of leasehold industrial land totalling approximately 13 acres in Pulau Indah, Klang, Selangor, for RM42.5mn through its wholly-owned subsidiary.
SKA Capital Bhd has secured six contracts worth a combined RM89.3mn through its subsidiary, SKA Rekabina Sdn Bhd, from Ibrahim & Sons Sdn Bhd for Tenaga Nasional Bhd projects.
Unitrade Industries Bhd said its 60.0%-owned subsidiary, Winnson Ecotech Sdn Bhd, has entered into a technology transfer and licensed manufacturing agreement with Finland-based waste collection solutions specialist Molok Oy.
West River Bhd has secured two M&E subcontracts worth a combined RM17.9mn through its wholly-owned subsidiary, West River Engineering Sdn Bhd, for residential projects in Puchong, Selangor, and Bukit Jalil, Kuala Lumpur.
