Here is a brief recap of some corporate announcements that made news on Friday (June 2): IOI Properties Group Bhd, Sime Darby Plantation Bhd, Malaysia Airports Holdings Bhd, YTL Power International Bhd, MR DIY Group (M) Bhd, Southern Score Builders Bhd, SMTrack Bhd, Rex Industry Bhd, Bumi Armada Bhd, Yinson Holdings Bhd, Careplus Group Bhd, Citaglobal Bhd and Crest Builder Holdings Bhd.

IOI Properties, Sime Darby Plantation, MAHB, YTL Power, MR DIY, Southern Score Builders, SMTrack, Rex Industry, Bumi Armada, Yinson, Careplus, Citaglobal and Crest Builder

Crest Builder Holdings Bhd said an arbitration tribunal has awarded its subsidiary RM18.36 million in relation to its RM31.08 million counterclaim against Saujana Triangle Sdn Bhd in a payment dispute.

The money was awarded to Crest Builder Sdn Bhd (CBSB) for certified sums, costs of idling and dayworks and retention sum, said Crest Builder in a bourse filing.

Crest Builder wins RM18.36 mil arbitration award in payment dispute

Sime Darby Plantation Bhd, Sime Darby Bhd (SDB) and Sime Darby Property Bhd (SD Property) on Friday (June 2) renewed their donation agreement with Yayasan Sime Darby.

Three Sime Darby companies renew donation agreement with Yayasan Sime Darby

Here is a brief recap of some corporate announcements that made news on Thursday (June 1): Panasonic Manufacturing Malaysia Bhd, Affin Hwang Investment Bank Bhd, Velesto Energy Bhd, Green Packet Bhd, Top Builders Capital Bhd, Star Media Group Bhd, Citaglobal Bhd, AME Elite Consortium Bhd, Sarawak Consolidated Industries Bhd, United Plantations Bhd, Meta Bright Group Bhd, Top Builders Capital Bhd, Kimlun Corp Bhd and Synergy House Bhd.

Panasonic Malaysia, Affin Hwang Investment, Velesto Energy, Green Packet, Top Builders Capital, Star Media, Citaglobal, AME Elite, SCIB, UP, Meta Bright, Top Builders, Kimlun and Synergy House

Kelington Group Bhd (KGB) said that its 97.19%-owned subsidiary Ace Gases Sdn Bhd (AGSB) has acquired 85,000 shares or a 17% stake in Ace Gases Marketing Sdn Bhd (AGMSB) from Chong Ann Tsun for RM4.41 million.

Kelington acquires 17% stake of Ace Gases Marketing for RM4.41 mil in share swap deal

Kang Kok Wei has been appointed as executive director of AME Elite Consortium Bhd with effect from Thursday (June 1), replacing his father Kang Ah Chee.

AME Elite appoints new executive directors as part of succession plan

Practice Note 17 company Serba Dinamik Holdings Bhd said it is unable to release its financial results for the third quarter report ended March 31, 2023 (3QFY2023) by the May 31 deadline due to a "significant loss of manpower and loss of critical personnel".

"The board would like to stress that they are taking serious steps toward identifying suitable replacement candidates to rectify these issues," the group said, adding that it now expects to issue the 3QFY2023 report by June 7.

Serba Dinamik says couldn’t release 3Q results by May 31 due to 'significant loss of manpower'

Here is a brief recap of some corporate announcements that made news on Wednesday (May 31): CIMB Group Holdings Bhd, Hong Leong Bank Bhd, PPB Group Bhd, IHH Healthcare Bhd, Capital A Bhd, Leong Hup International Bhd, Guan Chong Bhd, Syarikat Takaful Malaysia Keluarga Bhd, Duopharma Biotech Bhd, Bintulu Port Holdings Bhd, EG Industries Bhd, Ekovest Bhd, Datasonic Group Bhd, Samchem Holdings Bhd, Radium Development Bhd and YNH Property Bhd.

CIMB, HLB, PPB, IHH, Capital A, Leong Hup, Guan Chong, Takaful, Duopharma Biotech, Bintulu, EG, Ekovest, Datasonic, Samchem, Radium and YNH

Kumpulan Kitacon Bhd via its wholly-owned subsidiary Kitacon Sdn Bhd has accepted a letter of award (LOA) for main buildings and associated works from Boustead Balau Sdn Bhd, a subsidiary of Boustead Holdings Bhd.

Kumpulan Kitacon bags RM80 mil construction contract in Hulu Langat

Independent Power Producer (IPP) Malakoff Corp Bhd said that its power plants including its coal plants will continue to run until 2031 and 2041 as agreed through its Power Purchasing Agreements (PPA) with the government made through Tenaga Nasional Bhd (TNB).

The group believes that by 2041, it will be able to either "switch off" or continue for security reasons, if need be.

Power plants will continue until 2031-2041 to ensure energy security, says Malakoff

Sufi Muhamad

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Sufi Muhamad

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