Explanation of the corporate events: User Manual
Corporate Updates - Bursa Malaysia
2025-02-17
Category: Corporate Updates
Frequency: Daily
Daily compilation of corporate updates and activities on Bursa Malaysia listed companies.
| Date | Company | Major Action | Recent Events |
|---|---|---|---|
| 13 Feb, 2025 | Sunway Bhd | Signed a master agreement for a RM2.6 billion mixed-use development in Johor, adjacent to the Bukit Chagar station of the Johor Bahru–Singapore Rapid Transit System (RTS). | Expansion Plan |
| 23 Jan, 2025 | Unitrade Industries Bhd | 51%-owned subsidiary Intergreen Metal Sdn Bhd is acquiring a controlling stake in metal recycling specialist Kien San Metal Sdn Bhd (KMSB) for RM42 million to expand its business to Sabah and Sarawak. | Merger & Acquisition |
| 23 Jan, 2025 | Citaglobal Bhd | Secured two subcontracts worth a combined RM36.26 million for station works and other works as part of the Kuching Urban Transportation System (KUTS) project in Sarawak. The first subcontract was awarded by Marquris Holdings Sdn Bhd for Package 2 station works under Phase 1 of the infrastructure works, and has a value of RM29.54 million. The second subcontract, which was awarded by 38 Marque Sdn Bhd, is for steel structure materials purchase for the same project phase, with a contrac value of RM6.72 million | Contract Awarded |
| 23 Jan, 2025 | Censof Holdings Bhd | Secured a RM4.3 million contract from pension fund Kumpulan Wang Persaraan (Diperbadankan) or KWAP, to replace and implement a new cloud-based accounting system. | Contract Awarded |
| 21 Jan, 2025 | Alpha Ocean Resources Berhad | Entered into a Memorandum of Agreement with Bumi Ocean Sdn Bhd for the proposed disposal of a fishing vessel, namely Ibu Wira 1, for a cash consideration of RM2.45 million. | Disposal |
| 21 Jan, 2025 | Malaysian Resources Corp Bhd | Won the bid for the Ipoh Railway Station Integrated Development Plan (iRide) project. The iRide project, which is based on the transit-oriented development (TOD) concept, will see the development of almost 70 acres of RAC land behind Ipoh Railway Station, which will be rebranded as Ipoh Sentral. | Contract Awarded |
| 21 Jan, 2025 | KJTS Group Berhad | Accepted a Letter of Award from M East Sdn Bhd for the provision of facilities management services at Marlborough College Malaysia in Johor, Malaysia with undisclosed amount. | Contract Awarded |
| 21 Jan, 2025 | Maxland Berhad | Proposed diversification into automotive businesses and engineering, procurement, construction and commissioning (EPCC) of utility infrastructures and services | Business Venture |
| 21 Jan, 2025 | FSBM Holdings Bhd | Entered into a strategic partnership with Synergies Intelligent Systems Inc and Zhong Yang Technology Co Ltd to launch a new platform aimed at “revolutionising procurement” in the fabricated metal industry. The collaboration will see the deployment of HMLV.ai, an advanced customer-to-manufacturer platform designed to enhance traditional supply chains in the Southeast Asian fabricated metal sector. | Business Venture |
| 21 Jan, 2025 | Ann Joo Resources Bhd | Ordered by the High Court to pay Amsteel Mills Sdn Bhd RM11.98 million in general damages over a supply contract dispute. | Others |
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