NOTION

30-Jul-2020 19:16

Notion VTec’s face mask-production unit registered with US FDA

Notion VTec Bhd said today that its wholly-owned subsidiary Notion Venture Sdn Bhd (NVSB) has been registered with the US Food & Drug Administration (FDA) as a face mask manufacturer.

#NewDemand

Source

ASTRO

29-Jul-2020 23:09

Astro Malaysia Holdings Bhd plans to strengthen its position as the preferred entertainment destination for Malaysians, by deepening engagement with its 5.7 million customers via new experiences like its 4K UHD and cloud recording, as well as more value and convenience.

Astro Malaysia Holdings Bhd plans to strengthen its position as the preferred entertainment destination for Malaysians, by deepening engagement with its 5.7 million customers via new experiences like its 4K UHD and cloud recording, as well as more value and convenience.

#NewProduct

Source

AWC

28-Jul-2020 21:28

AWC inks MoU to explore water-related project opportunities

WC Bhd is partnering with Techkem Utilities Sdn Bhd to jointly explore water-related project opportunities in Malaysia and the ASEAN region.

#NewPartnership

Source

AXIATA

28-Jul-2020 19:41

Axiata partners Telefónica to provide digital services for businesses

xiata Group Bhd has partnered with Telefónica to jointly provide digitalisation services to businesses across both companies' operating regions.

#NewPartnership

Source

XOX

27-Jul-2020 21:35

XOX to partner Chinese firm to explore regional 5G network deployment

XOX Media Sdn Bhd has teamed up with a Shanghai-based venture capital and advisory firm to form a partnership with a fifth generation (5G) technology provider in China.

#NewPartnership

Source

AFFIN

27-Jul-2020 19:06

Affin Bank expects RM80m day-one modification loss

Affin Bank Bhd has estimated an RM80 million day-one modification loss in fixed rate financing assumptions caused by the six-month moratorium on hire purchase loans.

Source

AME

27-Jul-2020 14:34

AME to invest RM25m capex to build new i-Stay@Indahpura workers’ dormitories

Integrated industrial space solution provider AME Elite Consortium Bhd intends to invest RM25 million in capital expenditure (capex) to build two new blocks of i-Stay@Indahpura workers’ dormitories to support the requirements of customers in its i-Park@Indahpura industrial park.

#NewInvestment

Source

TM

27-Jul-2020 13:17

TM increasing Webe stake in securities swap deal with Green Packet

Telekom Malaysia Bhd (TM) said the proposed increase in the company's shareholding in Webe Digital Sdn Bhd under a scheduled securities exchange agreement with Green Packet Bhd will allow TM to better leverage its nation building expansion initiatives to deliver broadband or high-speed Internet to underserved and rural areas, as well as accelerating TM’s fixed-mobile convergence aspiration.

#NewInvestment

Source

FGV

24-Jul-2020 20:31

FGV to expand animal feed business through nationwide distributorships

FGV Holdings Bhd said it will partner more small and medium-sized enterprise (SME)-linked distributors to expand its animal feed and nutrition business, and to penetrate the Malaysian market more effectively. FGV plans to double the number of distributors of such products by the end of the year.

#NewPartnership

Source

FGV

24-Jul-2020 13:40

Govt extends Azhar’s tenure as FGV chairman effective Sept 8

The government has extended Datuk Wira Azhar Abdul Hamid’s tenure as the chairman of FGV Holdings Bhd effective from Sept 8.

#NewManagement

Source

MICROLN

23-Jul-2020 23:24

Microlink partners Scicom to bid for e-government solution jobs

Microlink Solutions Bhd is partnering Scicom (MSC) Bhd to collectively bid for e-government solution jobs. The core business of the joint venture (JV) company is the provision of e-government solutions and services which include the design, development, implementation, operation and maintenance of software and the provision of associated support services.

#NewPartnership

Source

DNEX

19-Jul-2020 11:58

DNeX subsidiaries urge SMEs to continue digital transformation journey

Small and medium enterprises (SMEs) have been urged to continue with their digital transformation journey even after conclusion of imposed restricted mobility resulting from the Covid-19 pandemic.

#NewRule

Source

TOPGLOV

18-Jul-2020 18:12

Top Glove working to resolve US sanction — Azmin

The world’s biggest rubber glove manufacturer, Top Glove Corp Bhd, is working to address the detention order imposed by the United States (US) Customs on imports from two of its subsidiaries to ensure undisrupted supply of rubber gloves supply amidst the global COVID-19 crisis.

Source

GDEX

18-Jul-2020 10:19

GDex’s Teong is new president of Association of Malaysian Express Carriers for three years

GD Express Carrier Bhd’s (GDex) managing director and group CEO Teong Teck Lean has been elected as president of the Association of Malaysian Express Carriers (AMEC) for a three-year term from 2020 to 2023.

#NewCEO

Source

AAX

18-Jul-2020 00:11

Thai AirAsia X confirms China suspension on discovery of COVID-19-positive passengers on its flight

Thai AirAsia X confirms that China has issued a seven-day suspension on its flights following the discovery of confirmed COVID-19 infections on board its XJ808 flight from Don Mueang to Tianjin on July 10.

Source

ATLAN

18-Jul-2020 00:03

Court accepts Atlan’s indirect subsidiary’s appeal against RM39m Customs’ bills

Atlan Holdings Bhd said the Court of Appeal has ruled in favour of the group’s indirect subsidiary Seruntun Maju Sdn Bhd, which was slapped with RM38.96 million in bills of demand issued by the Customs Department.

#NewRule

Source

PDZ

17-Jul-2020 21:07

PDZ, Sanichi to jointly develop e-commerce logistics hub in Johor

Shipping firm PDZ Holdings Bhd and precision mould maker Sanichi Technology Bhd will jointly design, develop and manage a regional e-commerce logistics hub on 94.7 hectares (ha) of land in Desaru, Johor.

Source

PERDANA

17-Jul-2020 15:33

Perdana Petroleum secures RM6.5m charter deal from Dayang

Perdana Petroleum Bhd has secured a vessel chartering contract from its major shareholder Dayang Enterprise Holdings Bhd, worth an estimated RM6.5 million.

#NewContract

Source

PARAMON

16-Jul-2020 20:53

Paramount buys prime 'Embassy Row' land from Wing Tai units for condo project

Paramount Corp Bhd is acquiring 4.54 acres of prime freehold land with buildings at Jalan Ampang Hilir, Kuala Lumpur for RM243.8 million, cash, in the vicinity of the popularly known 'Embassy Row'.

Source

NIHSIN

16-Jul-2020 20:39

Ni Hsin plans rights issue to raise funds for proposed F&B diversification

Ni Hsin Resources Bhd plans to raise between RM3 million and RM9.6 million through a renounceable rights issue, to fund the cookware maker’s diversification into the food and beverage (F&B) business.

Source

SIME

16-Jul-2020 13:36

Sime Darby appoints Samsudin Osman as chairman

Sime Darby Bhd has appointed its non-independent non-executive director Tan Sri Samsudin Osman as chairman, effective immediately.

#NewManagement

Source

IREKA

16-Jul-2020 12:50

Ireka signs demerger agreement with Aseana Properties

Ireka Corp Bhd has signed definitive agreements with London Stock Exchange-listed Aseana Properties Ltd to undertake a demerger exercise which involves separating the interests of Ireka Group from Aseana, where the former held a 23% stake in Aseana.

Source

MYEG

16-Jul-2020 12:33

MyEG disposes of stake in S5 to Ancom Logistics five weeks after announcing purchase as part of RTO exercise

MyEG Services Bhd’s unit MyEG Capital Sdn Bhd has announced that it will be disposing of its 10% stake in S5 Holdings Inc to Ancom Logistics Bhd today, a mere five weeks after announcing its plans to purchase equity in the national security solution provider.

Source

ANCOM

16-Jul-2020 11:36

Ancom Logistics to take over e-government solution provider S5 Holdings

S5 Holdings Inc, a company that provides integrated security IT solutions to governments, is seeking a backdoor listing via Ancom Logistics Bhd (ALB).

#NewRule

Source

KHEESAN

15-Jul-2020 22:14

Khee San sues Maybank Islamic over RM6.55m default payment

Khee San Bhd has filed a writ of summons against Maybank Islamic Bhd over a payment default amounting to RM6.55 million allegedly owed by the former's wholly-owned unit Khee San Food Industries Sdn Bhd (KSFI) to the latter.

Source

AXIATA

15-Jul-2020 15:46

Axiata subsidiary merges with Cambodia cashless-payment platform

Axiata Group Bhd's subsidiary SmartLuy PLC has merged with Cambodia cashless-payment platform Pi Pay PLC after the National Bank of Cambodia (NBC) and the Ministry of Commerce of Cambodia (MOC) approved the corporate exercise.

#NewRule

Source

CYMAO

15-Jul-2020 13:09

Cymao says will not be classified as PN17 entity after triggering criteria

Cymao Holdings Bhd said today it has triggered Bursa Malaysia's Practice Note 17 (PN17) prescribed criteria after the wood products manufacturer's external auditors Messrs PKF issued an unqualified opinion on material uncertainty relating to the company's status as a going concern.

Source

AIRASIA

10-Jul-2020 09:00

AirAsia-Malaysia Airlines merger? Khazanah MD says 'never say never'

Khazanah Nasional Bhd is not discounting the possibility of a merger between Malaysia Airlines Bhd and AirAsia group, which consists of two listed entities — AirAsia Group Bhd and AirAsia X Bhd (AAX).

#NewPartnership

Source

INSAS

09-Jul-2020 21:58

Insas to raise up to RM133m via renounceable rights issue to repay loans

Insas Bhd is planning to raise up to RM132.6 million from a renounceable rights issue of redeemable preference shares (rights RPS) with free detachable warrants to repay its bridging loans.

Source

YINSON

09-Jul-2020 16:48

Yinson divests minority stake in Brazil FPSO unit to K Line for RM209m

Yinson Holdings Bhd is selling a minority stake in its Brazil floating production, storage and offloading (FPSO) unit to Japan's Kawasaki Kisen Kaisha Ltd (K Line) for US$49 million (RM209.45 million).

#NewRule

Source

OMESTI

09-Jul-2020 11:51

Omesti launches digital platform for business registry bodies

Omesti Bhd has has launched a digital platform for business registry bodies. In a statement, the group said that with its “OMESTI BR-IDGE” platform, business registry bodies can digitise the manual process for the entire life cycle management of companies, businesses, partnerships and corporate intermediaries.

#NewProduct

Source

AIRASIA

09-Jul-2020 09:00

AirAsia says it aims to raise RM2.4 billion via debts and equity

AirAsia Group Bhd intends to raise RM2.4 billion in order to ease its tight cash flow that is threatening the budget airline's going concern.

Source

DPHARMA

08-Jul-2020 22:59

Duopharma Biotech executes RM150 mil Tawarruq Facility Agreement

Duopharma Biotech Bhd has entered and executed two Tawarruq Facility Agreements from Bank Islam Malaysia Bhd (BIMB) totalling RM150 million.

Source

WINTONI

08-Jul-2020 21:05

Wintoni names ex-TM vice president as chairman

CE Market-listed company Wintoni Group Bhd has appointed Abdul Latib Tokimin as its new chairman with effect from today.

#NewManagement

Source

NADIBHD

08-Jul-2020 19:11

Gagasan Nadi Cergas undertakes RM777m construction job for Selangor’s Rumah Idaman project

Construction group Gagasan Nadi Cergas Bhd announced today that it will lead the construction of 4,319 units of affordable homes under the Rumah Idaman programme by the Selangor state government worth RM777 million.

#NewContract

Source

BURSA

08-Jul-2020 17:49

Bursa sees record high trading volume over 11.8b shares

Bursa Malaysia posted a fresh record high in trading volume of 11.807 billion units on Wednesday, driven by penny stocks, with AirAsia also actively traded after announcing it had triggered the PN17 criteria. The previous high was on May 18 this year at 11.21 billion units, according to stock market data.

Source

YINSON

06-Jul-2020 21:48

Yinson says JV entitled to receive another RM142m from Vietnamese partner

inson Holdings Bhd said its 49%-owned joint venture is entitled to receive the balance amount of US$33.1 million (RM141.67 million) from PetroVietnam Technical Services Corp (PTSC), after the two parties reached a final settlement agreement of US$64.4 million (RM275.63 million).

#NewRule

Source

KOSSAN

06-Jul-2020 20:14

Kossan buys property from CBIP for RM40m to facilitate production expansion

Kossan Rubber Industries Bhd has said its unit is acquiring an industrial property measuring 4.05ha in Meru, Selangor for RM40 million cash to facilitate an expansion of its production facilities.

#NewFactory

Source

DIGI

06-Jul-2020 15:19

Digi launches new internet connectivity plan for home and on the go

Digi Telecommunications Sdn Bhd (Digi) has launched its new Digi Internet Freedom range of plans that provide customers with a total connectivity experience via fibre internet at home and on Digi's 4G LTE network while on the go with post-paid lines.

#NewProduct

Source

TM

04-Jul-2020 16:40

TM committed to improving broadband services in Sabah

Telekom Malaysia Bhd (TM) is committed to improving broadband services in Sabah, said its state regional director Datuk Mohd Sainal Mohd Amin.

Source

DIALOG

03-Jul-2020 19:24

Dialog to pump another RM100m into Langsat terminal

Dialog Group Bhd is pumping another RM100 million into its Johor-based Dialog Terminals Langsat facility which will enable it to store a further 85,000 cubic metres (m3) of clean petroleum products.

#NewInvestment

Source

FGV

03-Jul-2020 15:54

FGV initiates new project to transform its estate and mill operations

FGV Holdings Bhd said it has initiated a project to strengthen, standardise and sustain best practices in plantation and manufacturing.

#NewInnovation

Source

BTM

02-Jul-2020 19:04

BTM Resources receives approval to operate 10MW power plant

Sawmill operator BTM Resources Bhd said its wholly-owned subsidiary BTM Biomass Products Sdn Bhd has obtained approval from the Sustainable Energy Development Authority (SEDA) to build and operate a renewable energy electrical power plant.

Source

MYEG

01-Jul-2020 20:02

MyEG gets three-year extension to provide foreign worker pass online renewal services

My E.G. Services Bhd (MyEG) said today that it has received a three-year extension from the Government to provide the foreign worker temporary employment pass online renewal service worth an estimated RM208 million.

Source

SLVEST

01-Jul-2020 14:11

Solarvest-GFM consortium bags RM30m solar infra project in six UiTM campuses

A consortium involving Solarvest Holdings Bhd and GFM Services Bhd has secured a RM30 million contract for the engineering, procurement, construction and commissioning of solar photovoltaic (PV) infrastructure in six UiTM campuses in Peninsular Malaysia.

#NewContract

Source

KPOWER

29-Jun-2020 21:47

KPowernet gets RM174mil mini-hydropower job in Laos

The company told Bursa Malaysia today that it was awarded a US$40.7mil (RM174.5mil) contract by Zhenghong Building Road & Bridge Construction Co Ltd to build two hydropower energy facilities in Houaphan province.

#NewContract

Source

0.261 (+11.6%)

IREKA

29-Jun-2020 20:32

Ireka bags RM163.9m hospital extension job in Johor

KUALA LUMPUR (June 29): Ireka Corp Bhd’s construction arm, Ireka Engineering & Construction Sdn Bhd (IEC), has bagged a RM163.9 million contract to build a 10-storey hospital extension block in Johor. In a bourse filing today, the group said the contract was awarded by Regency Specialist Hospital Sdn Bhd. The project will commence on July 1 and is expected to be completed in 18 months.

#NewContract

Source

0.044 (+11.892%)

AME

29-Jun-2020 11:53

AME Elite forms solar energy joint venture

Integrated industrial space solutions provider AME Elite Consortium Bhd has formed a joint venture (JV) to provide one-stop solar energy solutions to corporations in Peninsular Malaysia as well as the group’s i-Park industrial parks.

#NewPartnership

Source

MATRIX

27-Jun-2020 16:37

Matrix Concepts residential bookings up 45% during MCO

Property developer Matrix Concepts Holdings Bhd recorded a 45% increase in residential bookings during the movement control order (MCO) period.

Source

WIDAD

25-Jun-2020 20:33

Widad buys UiTM Seremban 3 campus concessionaire for RM122m

Widad Group Bhd is acquiring the entire stake in Inovatif Mewah Sdn Bhd (IMSB) – the owner of a concession to develop and maintain the UiTM Seremban 3 campus (US3C) – for RM122 million in cash.

#NewInvestment

Source

DIGI

24-Jun-2020 12:43

Digi launches HR super app to equip Malaysian SMEs for the new normal

Digi Telecommunications Sdn Bhd has launched a digital workforce management solution named altHR to help Malaysian companies digitalise human resources (HR) processes and drive better employee empowerment and engagement.

#NewProduct

Source

TM

24-Jun-2020 00:02

TM assists to install smart digital health screening solution in schools

Telekom Malaysia Berhad (TM) has partnered with the Education Ministry to install its smart digital health screening solution to help school administrators to quickly and accurately monitor students’ body temperatures.

#NewPartnership

Source

UZMA

23-Jun-2020 19:18

Uzma unit gets RM27m contract from Petronas Carigali

KUALA LUMPUR (June 23): Uzma Bhd’s wholly-owned subsidiary Uzma Engineering Sdn Bhd has secured a RM27 million contract from Petronas Carigali Sdn Bhd for the provision of portable water injection module (PWIM) for the Sepat platform.

#NewContract

Source

0.005 (+0.806%)

CONNECT

23-Jun-2020 08:38

Little-known S5 wants to acquire this listed company (CONNECT)

CONNECTCOUNTY Holdings Bhd is up for a reverse takeover (RTO) exercise involving S5 Systems Sdn Bhd. The cable and wire maker confirmed that it was a target in a June 16 Bursa filing but said no agreement has been signed yet. S5, a security solutions provider, has been dubbed a frontrunner for the RM1.5 bil National Integrated Immigration System (NIIS) contract. Listed e-government giant MyEG Services Bhd is looking to acquire a 10% stake in S5 Holdings Inc, the holding company of S5.

#NewRule

Source

RUBEREX

22-Jun-2020 22:29

Hextar's ED Ong Choo Meng ups stake in Rubberex, triggers MGO

Chemical firm Hextar Global Bhd's executive director Datuk Ong Choo Meng and his 90%-held Hextar Rubber Sdn Bhd have acquired an additional 20.63% stake in Rubberex, raising their collective interest to 50.18% – above the 33% threshold that triggers the mandatory general offer for the remainder shares they do not own in the company.

Source

TECHBND

22-Jun-2020 20:01

Techbond inks deal to be exclusive distributor of German disinfecting chemical product in Malaysia

Techbond Group Bhd has been appointed as the exclusive distributor for a cleaning and disinfecting chemical product in Malaysia for general and industrial usage. The homegrown manufacturer of industrial adhesives and sealants today signed an exclusive distribution agreement with Calvatis Asia Pacific Co Ltd (Calvatis AP), it said in a statement today.

#NewPartnership

Source

SKPRES

22-Jun-2020 18:25

SKP expects higher capacity utilisation to drive growth in FY21

SKP RESOURCES BHD, an electronics manufacturing services (EMS) company, expects revenue to improve in the coming quarters drive by higher capacity utilisation rate.

Source

DNEX

21-Jun-2020 12:43

DNeX, MARii to develop information system for used vehicles

Dagang NeXchange Bhd’s (DNeX) wholly-owned subsidiary, Dagang Net Technologies Sdn Bhd has signed a strategic collaboration agreement with the Malaysia Automotive Robotics and IoT Institute (MARii) to jointly develop and operate a web-based information system for used vehicles.

#NewProduct

Source

BURSA

21-Jun-2020 11:05

Bursa appears headed for record earnings on market’s trading surge

A surge in trading activity in the stock market in recent months, spurred by an increase in the participation of retail investors during the Covid-19 movement restrictions, spells good news for Bursa Malaysia Bhd.

#NewRule

Source

RHBBANK

15-Jun-2020 00:00

RHB Investment upgrades Maybank to 'buy' with higher TP of RM9.60

RHB Investment Bank Bhd (RIBB) has upgraded its call on Malayan Banking Bhd (Maybank) to “buy” from “neutral” with a higher target price (TP) of RM9.60 from RM7.00 previously on lower equity risk premium assumptions.

Source

AAX

13-Jun-2020 13:08

AirAsia extends sale of its unlimited pass Cuti-Cuti Malaysia to June 15

AirAsia is extending the sale of its Unlimited Pass Cuti-Cuti Malaysia for an additional two days to June 15, 2020 in response to the overwhelming demand, it said in a statement here today.

#NewProduct

Source

PETGAS

12-Jun-2020 22:09

Petronas sells Teluk Ramunia yard to Serba Dinamik for RM320 mln

Serba Dinamik Holdings Bhd has purchased Petroliam Nasional Bhd’s (Petronas) fabrication yard in Teluk Ramunia, Johor, for RM320 million.

#NewProduct

Source

TOPGLOV

12-Jun-2020 15:05

Still screaming buy for Top Glove as it prepares for more bumper results

Poised for a record-breaking financial year ending Aug 31, 2020 (FY20), after the quantum leap in earnings seen in Top Glove’s third quarter ended May 31, 2020 (3QFY20), three-quarters of the analysts covering the counter are screaming “buy” calls.

#NewDemand

Source

AIRPORT

11-Jun-2020 22:06

MAHB to gain back momentum in passenger numbers

Malaysia Airports Holdings Bhd (MAHB) is looking to gain back its momentum in passenger numbers with the latest implementation of the Recovery Movement Control Order (RMCO) that allows for domestic travel and tourism.

#NewDemand

Source

BHIC

11-Jun-2020 14:44

BHIC names Izaddeen Daud as director

Boustead Heavy Industries Corporation Bhd (BHIC) announced that Izaddeen Daud has joined its board of directors as a non-independent non-executive director, effective today.

#NewManagement

Source

DSONIC

10-Jun-2020 23:47

Datasonic gets RM7.3 mln additional works under NRD contract

The Home Affairs Ministry has increased the value of the contract awarded earlier to Datasonic Group Bhd for the maintenance services of card personalisation centres at the National Registration Department by RM7.30 million to RM36.08 million.

#NewContract

Source

0.001 (+0.072%)

MYEG

10-Jun-2020 20:59

MyEG unit to provide contact tracing app in Jakarta

MyEG Services Bhd’s indirect associate company PT Cartenz Inti Utama signed a memorandum of understanding (MoU) with the Jakarta Smart City Management Unit on June 5 to provide and implement a contact tracing application in Jakarta to monitor the spread of Covid-19.

#NewContract

Source

AT

10-Jun-2020 20:55

AT Systematization to acquire industrial glove maker

ACE Market-listed AT Systematization Bhd has signed a letter of intent to acquire industrial glove maker, Pearl Glove (Malaysia) Sdn Bhd, for an undisclosed sum, subject to due diligence, regulatory and shareholder approval.

#NewInvestment

Source

AIRASIA

08-Jun-2020 11:43

AirAsia welcomes resumption of domestic travel

AirAsia Group Bhd commends the government’s announcement of the Recovery Movement Control Order (RMCO), which allows the domestic tourism sector to resume operations starting from Wednesday in an effort to revive Malaysia’s economy.

#NewDemand

Source

TENAGA

08-Jun-2020 11:32

More than 80% of TNB’s residential customers get 15-20% discount

More than 80 per cent of Tenaga Nasional Bhd’s (TNB) customers receive discounts of between 15 per cent and 50 per cent on electricity usage with a maximum limit of 600 kilowatt per month from April 1 to Sept 30, 2020.

#NewRule

Source

AIRASIA

08-Jun-2020 10:05

AirAsia welcomes resumption of domestic travel

Low-cost carrier AirAsia welcomes the recovery movement control order (RMCO), effective on Wednesday, June 10, announced by Prime Minister Tan Sri Muhyiddin Yassin yesterday. In a statement, AirAsia said in recent weeks, countries around the world had resumed domestic travel and gradually reopening international borders in recognition that air transport provides the connectivity that is essential for the resumption of economic activities.

#NewRule

Source

OPENSYS

08-Jun-2020 00:00

OpenSys to launch two digital products this year

With the digitalisation of the banking sector heating up, cash recycling technology player OPENSYS (M) BHD is launching two new pillars of revenue stream this year, which are its secure logistic solution SmartCIT (Smart Cash In Transit) and its own white label bill payment kiosks.

#NewProduct

Source

MYEG

07-Jun-2020 14:29

MyEG unveils one-stop portal for COVID-19 test

MY E.G. Services Bhd (MyEG) today unveiled its one-stop portal for COVID-19 screening, a service aimed at helping the government to monitor and accelerate the testing of workers in Malaysia.

#NewProduct

Source

MYEG

07-Jun-2020 11:16

MyEG launches Covid-19 one-stop portal

MyEG Services Bhd has launched a one-stop portal for Covid-19 screening, a service aimed at helping the government monitor and accelerate the testing of workers in Malaysia.

#NewProduct

Source

EDGENTA

06-Jun-2020 20:54

UEM Edgenta to continue ensuring services at hospitals without disruption

UEM Edgenta Bhd said it will ensure there is no service disruption at all hospitals under its care and manage any issues relating to the welfare of its workers internally.

#NewRule

Source

BJCORP

05-Jun-2020 21:36

BCorp secures contract to develop luxury hotel, condominium in Japan

Berjaya Corporation Bhd (BCorp) has won a bid in partnership with two companies to develop a global luxury hotel and hotel condominium in the Nishi District, Yokohama, Japan.

#NewContract

Source

ECONBHD

05-Jun-2020 18:28

Econpile's subsidiary secures sub-contract worth RM104.5 mln

Econpile Holdings Bhd through its wholly-owned subsidiary, Econpile (M) Sdn Bhd (EMSB) has been awarded a sub-contract from WCT Bhd worth RM104.5 million.

#NewContract

Source

0.006 (+0.968%)

ACO

04-Jun-2020 23:05

ACO, Prima Nexus to distribute COVID-19 rapid test kits

ACO Group Bhd’s (ACO Group) wholly-owned subsidiary, Actgen Industry Sdn Bhd is collaborating with health technology solutions provider, Prima Nexus Sdn Bhd (Prima Nexus) to distribute COVID-19 rapid test kits.

#NewInvestment

Source

BIOHLDG

04-Jun-2020 22:44

Bioalpha to raise up to RM14.2 mln from private placement

Bioalpha Holdings Bhd (Bioalpha) has proposed a private placement exercise to raise up to RM14.2 million for the expansion and improvement in its digitalisation of business.

#NewInvestment

Source

UZMA

04-Jun-2020 22:05

Uzma Bhd's subsidiary, PT Uzma Development Services, has secured a RM12 million contract from Indonesian state-owned oil and natural gas company, PT Pertamina.

Uzma Bhd's subsidiary, PT Uzma Development Services, has secured a RM12 million contract from Indonesian state-owned oil and natural gas company, PT Pertamina.

#NewContract

Source

0.002 (+0.313%)

TADMAX

04-Jun-2020 21:42

Tadmax to acquire 100 pct of Majestic Maxim for RM115 mln

Property developer, Tadmax Resources Bhd has proposed to acquire a 100 per cent equity interest in Majestic Maxim Sdn Bhd from Maxim Holdings Sdn Bhd for RM115 million.

#NewInvestment

Source

UMW

04-Jun-2020 21:00

UMW names Azmin Che Yusoff as acting president, group ceo

UMW Holdings Bhd has appointed Azmin Che Yusoff as its acting president and group chief executive officer (P/GCEO), effective tomorrow.

#NewManagement

Source

CYPARK

04-Jun-2020 20:44

Cypark's unit to establish RM500 mln perpetual sukuk programme

Cypark Resources Bhd's (CRB) wholly-owned subsidiary, Cypark Renewable Energy Sdn Bhd (CRE) is proposing to establish a perpetual Islamic medium term note programme of up to RM500 million under the Shariah principle of Musharakah.

#NewInvestment

Source

MBSB

04-Jun-2020 20:34

MBSB Bank will not charge customers with moratorium-related costs

MBSB Bank has announced that it will not be charging its customers for any costs related to the automatic debt moratorium, due to the adverse impacts of the COVID-19 pandemic and the Movement Control Order (MCO) on Malaysian consumers.

#NewRule

Source

BIPORT

04-Jun-2020 18:13

Bintulu Port's unit bags RM50.8 mln maintenance dredging contract

Bintulu Port Holdings Bhd’s wholly-owned subsidiary, Bintulu Port Sdn Bhd has bagged a RM50.8 million maintenance dredging works contract in Bintulu, Sarawak.

#NewContract

Source

0.019 (+0.458%)

MYEG

03-Jun-2020 20:58

MyEG incorporates new unit for medical products, services

My EG Services Bhd (MyEG) today announced the incorporation of a wholly-owned subsidiary known as MYEG Medical Services Sdn Bhd to market medical products and services in the country.

#NewInvestment

Source

FGV

03-Jun-2020 20:52

Felda receives allocation of over RM286 mln for 463 infrastructure projects

The Federal Land Development Authority (Felda) has received the allocation of over RM286 million under the Economic Stimulus Package 2020 (PRE 2020) from the government, which will be used to carry out 463 infrastructure projects in Felda areas.

#NewPatent

Source

XDL

03-Jun-2020 19:14

XDL to supply PPE products to Seacera unit

Seacera Polymer Sdn Bhd, a wholly-owned subsidiary of Seacera Group Bhd (Seacera), has secured an exclusive distribution agreement from China’s sports apparel, equipment and accessories company, XiDeLang Holdings Ltd (XDL) to resell and distribute protective clothing products classified as personal protective equipment (PPE) in the fight against COVID-19 in Malaysia.

#NewContract

Source

GPACKET

03-Jun-2020 19:12

Green Packet, FIVE to launch AI-powered petrol station

Green Packet Bhd will be collaborating with Five Petroleum Malaysia Sdn Bhd (FIVE) to launch Malaysia’s first artificial intelligence (AI)-powered petrol station.

#NewPartnership

Source

SAPNRG

03-Jun-2020 18:47

Sapura Energy secures contracts worth RM766 mln

Oil and gas solutions provider Sapura Energy Bhd, through its engineering and construction subsidiaries, has been awarded five contracts from around the Southeast Asian region with a combined value of RM766 million.

#NewContract

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0.002 (+2.0%)

GBGAQRS

03-Jun-2020 18:33

Gabungan AQRS bags ECRL-related contract worth RM36.73 mln

Gabungan AQRS Bhd has received a contract worth RM36.73 million from China Communications Construction (ECRL) Sdn Bhd in respect to the East Coast Rail Link (ECRL) project.

#NewContract

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0.007 (+0.791%)

ARBB

03-Jun-2020 15:07

ARB partners Asterisk Computer in Singapore venture

ARB Bhd's indirect subsidiary Databook Pte Ltd has partnered Asterisk Computer (Far East) Pte Ltd to facilitate the deployment of enterprise application software (EAS) solutions in Malaysia and Singapore.

#NewContract

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MAYBANK

03-Jun-2020 13:51

Maybank Islamic appoints Datuk Zulkiflee Abbas as chairman

Maybank Islamic has appointed Datuk Zulkiflee Abbas Abdul Hamid as its new chairman, effective June 1, 2020, replacing Zainal Abidin Jamal who had completed his tenure.

#NewManagement

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BJCORP

02-Jun-2020 22:45

BCorp inks MoU with BRetail, Vincent Tan to buy Singer for RM388 mln

Berjaya Corporation Bhd (BCorp) has inked a Memorandum of Understanding (MoU) with Berjaya Retail Sdn Bhd (BRetail) and Tan Sri Vincent Tan Chee Yioun, the major shareholder of both BCorp and BRetail, to acquire a 100 per cent stake in home appliances brand, Singer (M) Sdn Bhd, from BRetail for RM388 million.

#NewInvestment

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DRBHCOM

02-Jun-2020 19:49

DRB-HICOM signs agreement to acquire MCVSB

DRB-HICOM Bhd has entered into a share sale and purchase agreement with Enigma Permata Sdn Bhd (EPSB) to acquire the remaining 49 per cent shareholding in Media City Ventures Sdn Bhd (MCVSB) not owned by DRB-HICOM, for RM100 million.

#NewInvestment

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HLFG

02-Jun-2020 19:06

Hong Leong Islamic appoints Rusni Hassan as Shariah Committee chairman

Hong Leong Islamic Bank (HLISB) has appointed Professor Dr Rusni Hassan as the chairman of its Shariah Committee effective April 1, 2020, stepping up from her role as a committee member, a position she has helmed since February 2017.

#NewManagement

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BIMB

02-Jun-2020 16:40

BIMB Investment launches new wholesale Islamic Fixed Income Fund

BIMB Investment Management Bhd (BIMB Investment), a wholly-owned subsidiary of Bank Islam Malaysia Bhd, has unveiled a new wholesale Islamic fixed income fund named BIMB Shariah IncomePlus Fund (BSIF).

#NewProduct

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RHBBANK

02-Jun-2020 10:54

RHB Islamic launches first recycled debit card

RHB Islamic Bank becomes the first bank in Malaysia and the Asia Pacific region to introduce an eco-friendly recycled plastic debit card, through its collaboration with WWF-Malaysia and Universiti Malaysia Terengganu (UMT).

#NewProduct

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LHI

01-Jun-2020 21:47

Leong Hup International acquires the Baker's Cottage

Regional poultry producer Leong Hup International Bhd (LHI) has acquired the entire equity interest in food manufacturer and distributor The Baker’s Cottage Sdn Bhd (TBC) for RM17.94 million.

#NewInvestment

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PARKSON

01-Jun-2020 20:43

Parkson's unit signs tenancy agreement with Wuzhou City

Parkson Holdings Bhd’s (Parkson) indirectly-owned unit, Nanning Brilliant Parkson Commercial Co Ltd has signed a 20-year tenancy agreement with Wuzhou Sankee Investment Co Ltd for approximately RM51.91 million.

#NewPartnership

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