AirAsia X fully secures RM1bil private placement at RM1.65 per share
KUALA LUMPUR: AirAsia X Bhd (AAX) has fully secured its RM1 billion private placement at RM 1.65 per share.
iCents wins RM9.12mil industrial facility contract
KUALA LUMPUR: iCents Group Holdings Bhd's wholly-owned subsidiary, VC Engineering Sdn Bhd, has accepted a RM9.12mil sub-contract for works at an industrial manufacturing facility in Malaysia.
Rimbunan Sawit disposes of land for RM28mil
PETALING JAYA: Rimbunan Sawit Bhd (RSB) is disposing of a parcel of land measuring approximately 1,504 hectares situated at Batang Baram, Baram in the Miri division of Sarawak, to Trinity Capital Resources Sdn Bhd for RM28mil.
Selangor Dredging buys Petaling Jaya land for RM63mil
PETALING JAYA: Selangor Dredging Bhd (SDB) is acquiring a piece of freehold commercial land measuring 1.214 hectares in Petaling Jaya, Selangor, from Hectare Square Sdn Bhd for RM63mil.
Velocity Capital exits MMAG with RM9.4Mil share disposal
PETALING JAYA: Velocity Capital Partner Bhd (Velocity) has fully exited its investment in MMAG Holdings Bhd, disposing of its entire 6.46% stake through open market transactions in January for a total cash consideration of RM9.43mil.
Australia's Lynas Rare Earths CEO to retire after over a decade in role
MELBOURNE: Australia's Lynas Rare Earths said on Tuesday its Chief Executive Officer Amanda Lacaze is retiring after 12 years, just as Western countries seek greater security of supply for the metals for which Lynas is the top Western producer.
Kumpulan Jetson unit disposes of adhesives manufacturing business for RM14.8mil
KUALA LUMPUR: Kumpulan Jetson Bhd said its wholly-owned subsidiary GRP Holdings Sdn Bhd has inked a share sale agreement with Ng Boon Hong for the disposal of its entire equity share in GRP Sdn Bhd, an adhesives and sealant manufacturing business, for RM14.8mil.
Amanda Lacaze to retire as Lynas CEO, MD
KUALA LUMPUR: Lynas Rare Earths Ltd chief executive officer and managing director Amanda Lacaze will retire after 12 years in the role.
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KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
TNB’s FY25 to FY27 net profit estimates raised
PETALING JAYA: Analysts have lifted their earnings forecasts for Tenaga Nasional Bhd (TNB) over a three-year period, as they factor in power purchase agreement (PPA) extensions for three gas-fired plants and lower interest expense.
