2 days Ago
KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia. Chin Hin Group Property Bhd said it has joined forces with Fiamma Holdings Bhd to develop a mixed-use property project at the Kuala Lumpur City Centre area, with a projected gross development value of RM1.0bn.
Mudajaya Group Bhd , which had filed a winding-up petition against THB Power Sdn Bhd, said the independent power producer has initiated a lawsuit disputing the payment amount stated in the petition. Sarawak Premier Tan Sri Abang Johari Tun Openg has described the report that the state wanted to acquire a stake in AMMB Holdings Bhd to merge with Affin Bank Bhd as mere speculation. Meta Bright Group Bhd said it has secured a contract to install and operate solar PV systems at two retail outlets of Best Fresh Mart Sdn Bhd under a zero capital expenditure arrangement.
MN Holdings Bhd 's unit, Mutu Nusantara Sdn Bhd, has secured a RM180mn contract for the engineering, procurement and construction of a substation for a data centre. Widad Group Bhd ’s wholly-owned subsidiary, Widad Development (Nilai) Sdn Bhd, has signed a conditional sale and purchase agreement with Guper Bonded Warehouse Sdn Bhd to acquire four adjacent parcels of freehold industrial land valued at RM31.3mn.
Sunsuria Bhd signed an agreement with a unit of the Employees Provident Fund for the development rights to affordable housing in Kwasa Damansara and it will pay about RM88.6mn for the 9.5-acre land in the township.
T7 Global Bhd said on Thursday it has secured a five-year contract for an undisclosed value from Petronas Carigali Sdn Bhd. Datuk Eddie Ong Choo Meng is no longer a substantial shareholder in Perak Transit Bhd after selling a 1.5% stake, or 16.
8mn shares, on Wednesday. NEXG Bhd, formerly known as Datasonic Group Bhd , said on Thursday that Urusharta Jamaah Sdn Bhd, a special purpose vehicle established under the Ministry of Finance, has ceased to be a substantial shareholder of the company. WTEC Group Bhd’s IPO has been oversubscribed by 1.
6 times ahead of its listing on the ACE Market of Bursa Malaysia Securities Bhd on April 29, 2025..
