Corporate News - Bursa Malaysia
2022-01-28
Category: Corporate Development
Frequency: Daily
Daily compilation of corporate updates and activities on Bursa Malaysia listed companies. Track corporate activities such as contract awarded, disposal, merger & acquisition, private placement, rights issue, restructuring, regularisation plan, etc., and study corporate development with ease by using the filter.
Daily compilation of corporate news and activities on Bursa Malaysia listed companies. Track corporate activities such as contract awarded, disposal, merger & acquisition, private placement, rights issue, restructuring, regularisation plan, etc., and study corporate development with ease by using the filter. The information is updated daily by the end of each day, starting from April 2017.
| Date | Company | Major Action | Recent Events |
|---|---|---|---|
| 27 Jan, 2022 | Anzo Holdings Bhd | Anzo Holdings Bhd's wholly-owned subsidiary Anzo Construction Sdn Bhd (AC) entered into a contra agreement with Tinta Anggun Engineering Sdn Bhd (TAE, Debtor) and Genting Citra Sdn Bhd (Proprietor) to partially settle the debt due by TAE to AC by transferring properties at a consideration of RM19.91 million. The Properties was the development lands held under HS(D) 86991 PT83 Kawasan Bandar XLI Daerah Melaka Tengah, Negeri Melaka. | Progress Update |
| 27 Jan, 2022 | Affin Bank Bhd | Clinched a cash deal to sell Affin Hwang Asset Management Bhd for the price range of RM2.3 billion to RM2.6 billion cash. Private equity fund CVC Capital Partners is among the interested parties wanting to take over Affin Hwang AM. | Disposal |
| 27 Jan, 2022 | Uzma Bhd | Awarded an RM30 million contract from EnQuest Petroleum Production Malaysia Ltd for provision hydraulic workover unit (HWU). | Contract Awarded |
| 27 Jan, 2022 | Axiata Group Bhd | Acquires a 66.03% stake in Indonesia’s PT Link Net Tbk for a total cash consideration of 8.72 trillion rupiah (about RM2.55 billion). PT Link Net Tbk is an established provider of cable television and high-speed broadband internet services. | Merger & Acquisition |
| 27 Jan, 2022 | Eita Resources Bhd | Secured two contracts worth a total of RM58.35 million by Sarawak Energy Bhd for substation extension and reinforcement of supply at Mambong and Entinggan substations in Sarawak. | Contract Awarded |
| 27 Jan, 2022 | China Automobile Parts Holdings Ltd | Terminating the MoU to buy Master Tec Wire & Cable Sdn Bhd with immediate effect. China Automobile Parts Holdings Ltd has been delisted since Dec 15,2021. | Termination |
| 27 Jan, 2022 | LKL International Bhd | LKL International Bhd's wholly-owned unit LKL Advance Metaltech Sdn Bhd acquires 60.2 million shares, representing a 13.78% stake, in travel management company Parlo Bhd, for a total cash consideration of RM13.24 million. | Merger & Acquisition |
| 27 Jan, 2022 | CapitaLand Malaysia REIT Management Sdn Bhd | Intends to lessen its reliance on the retail segment by diversifying into industrial real estate, logistics and data centres over the next year. | Operation Updates |
| 26 Jan, 2022 | CAB Cakaran Corp Bhd | Entered joint venture (JV) agreement with MATA Aerotech Sdn Bhd to undertake the provision of drone spraying for the oil palm sector in Peninsular Malaysia, as part of its efforts to diversify its income stream. | Operation Updates |
| 26 Jan, 2022 | Toyo Ventures Holdings Bhd | Unable to release its annual report for the financial period ended Sept 30, 2021 (FY21) as it needs additional time to resolve outstanding issues. | Others |
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