Explanation of the corporate events: User Manual
Corporate Updates - Bursa Malaysia
2025-06-06
Category: Corporate Updates
Frequency: Daily
Daily compilation of corporate updates and activities on Bursa Malaysia listed companies.
| Date | Company | Major Action | Recent Events |
|---|---|---|---|
| 27 Jun, 2025 | Shin Yang Group Bhd | Shin Yang Shipyard, has received a letter of intent (LOI) from the Ministry of Home Affairs to build two offshore patrol vessels (OPV 2 and OPV 3) for the Malaysian Maritime Enforcement Agency (MMEA). | Contract Awarded |
| 6 Jun, 2025 | Microlink Solutions Berhad | Microlink has entered into a Settlement Agreement with Omesti to partially settle a total outstanding sum of RM30.03 million owed for services provided. Under the agreement, Omesti will settle RM8.5 million of this amount by issuing up to 85 million new Omesti shares to Microlink at a minimum issue price of RM0.10 per share. Once the settlement is completed, Microlink is expected to hold approximately 13.59% equity interest in Omesti. | Restructuring |
| 6 Jun, 2025 | Yinson Holdings Bhd | Stonepeak Partners is in exclusive talks for a buyout of Yinson Holdings Bhd that may value the firm at as much as RM9 billion. Stonepeak is teaming up with the Lim family, Yinson’s founder and biggest shareholder, to take the company private | Privatisation |
| 6 Jun, 2025 | Pavilion Real Estate Investment Trust | Raised about RM360 million from a private placement of shares priced at RM1.40 per unit. Proceeds from the share have been earmarked to partly finance its RM480 million acquisition of Banyan Tree Kuala Lumpur and Pavilion Hotel Kuala Lumpur in a related-party transaction. | Cash Call |
| 6 Jun, 2025 | Meta Bright Group Bhd | MBGB’s subsidiary, FBO Land (Serendah) Sdn Bhd (FLSSB), has been appointed by TMG Mart Sdn Bhd to carry out an Energy Efficiency Zero Capex Program at two of its sites in Kuantan. This follows an earlier MOU between MBGB and Tunas Manja Sdn Bhd to explore energy-saving projects. Under a 12-year agreement, FLSSB will install Demand Control Drive (DCD) technology, with energy savings shared 80% to FLSSB and 20% to TMG Mart. The two participating sites are: TMG Mall Bandar Indera Mahkota, Jalan IM 7/1, 25200 Kuantan, Pahang TMG Mall Tanjung Lumpur, Jalan Bandar Putra 1A, 26060 Kuantan, Pahang | Operation Updates |
| 6 Jun, 2025 | MMAG Holdings Berhad | Line Clear Express Sdn Bhd (“Line Clear”), an indirect subsidiary of the Company, had on 6 June 2025 entered into a Memorandum of Collaboration with Mpire Global Berhad, JAC Auto (Malaysia) Sdn Bhd and Cheongfuli (Malaysia) Sdn Bhd to establish a mutually beneficial collaboration in relation to the Entrepreneur Program for the Commercial Vehicle Ownership. | Operation Updates |
| 6 Jun, 2025 | Ecomate Holdings Bhd | Plans to diversify into ICT solutions by acquiring a 60% stake in computer servicing firm Progressive Computer Systems Sdn Bhd for RM8.4 million.It also plans a one-for-one bonus issue of up to 358.03 million shares and 358.03 million warrants. The warrant exercise price is yet to be determined, but if fully exercised, it could raise about RM222 million. | Merger & Acquisition |
| 6 Jun, 2025 | Omesti Bhd | Proposed a series of corporate exercises — including debt settlements via share issuances, a RM63.12 million rights issue, a RM45.65 million private placement, and a RM200 million capital reduction — aimed at paring down debt, raising funds, and cutting its accumulated losses from RM286.72 million to RM88.52 million. All in all, assuming full exercise of all outstanding warrants and maximum scenarios of each proposed exercise, the exercises will enlarge Omesti’s share base to 3.5 billion shares from the current 540.67 million. | Restructuring |
| 6 Jun, 2025 | Gadang Holdings Bhd | Incur about RM19 million in additional costs for FY2025 after terminating a joint development agreement with Cyberview Sdn Bhd to develop land inthe Cyber 9 precinct of Cyberjaya. T | Operation Updates |
| 6 Jun, 2025 | Ancom Nylex Bhd | Plans to take full ownership of Nylex (M) Bhd via a selective capital reduction and repayment exercise, offering 5.1 sen per share to minority shareholders. | Privatisation |
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