Melati Ehsan redesignates COO to CEO
PETALING JAYA: Melati Ehsan Holdings Bhd has redesignated its chief operating officer, Datuk Cheah Jit Peng, to chief executive officer.
TM Nxera partners with TNB to secure 280MW for data centre campus
KUALA LUMPUR: TM Nxera has signed a multi-year electricity supply agreement with Tenaga Nasional (TNB) to secure 280 megawatt (MW) for its hyperconnected, AI-ready data centre campus in Iskandar Puteri, Johor.
Favelle Favco acquires France-based Seram Industries SAS
PETALING JAYA: Favelle Favco Bhd is proposing to acquire France-based Seram Industries SAS from Marec Industrie SAS for an initial purchase price of 7.5 million euros (RM36mil), with conditional deferred consideration of up to 2.5 million euros (RM12mil) in cash.
HE Group wins power distribution system contract
PETALING JAYA: HE Group Bhd has accepted a purchase order (PO) for the power distribution system works for a manufacturer of electronic products in Malaysia.
Awanbiru appoints Azizah Ali as its group CEO
PETALING JAYA: Awanbiru Technology Bhd has appointed Azizah Ali as its group chief executive officer.
MN Holdings proposes transfer to the Main Market of Bursa Securities
PETALING JAYA: MN Holdings Bhd is proposing a transfer of its listing from the ACE Market to the Main Market of Bursa Malaysia Securities Bhd, alongside proposed amendments to its Constitution to facilitate the implementation of the transfer.
Vantris Energy divests stake in L&T-Sapura Shipping for 124mil
PETALING JAYA: Vantris Energy Bhd has divested its 40% equity interest in L&T-Sapura Shipping Pvt Ltd (LTSSPL) to its joint-venture partner, Larsen & Toubro Ltd for US$30.5mil (RM123.91mil).
Sunway launches RM11bil take-over of IJM Corp at RM3.15 a share
KUALA LUMPUR: Sunway Bhd is proposing a conditional voluntary take-over offer to acquire all shares in IJM Corp Bhd at RM3.15 per share, valuing the construction and property group at about RM11bil if the offer is fully accepted.
Rexit to be renamed Openmove AI from Jan 14
KUALA LUMPUR: Rexit Bhd will be renamed Openmove AI Bhd, following an announcement by Bursa Malaysia Bhd.
Simon Crowther named Mondelēz's new Malaysia, Singapore MD
KUALA LUMPUR: Mondelēz International, the maker of Cadbury Dairy Milk, OREO, Chipsmore and Jacob's, has appointed Simon Crowther as managing director for Malaysia and Singapore, effective Jan 1, 2026.
