KUALA LUMPUR (March 12): Here is a brief recap of some corporate announcements that made the news on Tuesday.

CTOS Digital Bhd said it is business as usual for the group as the recent court decision against its subsidiary does not prevent it from continuing to provide credit score services. The company said it continues to operate and provide the information to financial institutions and clients and insisted that the company is allowed to provide credit scores under the CRA, based on the Act’s definition of credit reporting business, credit information and credit report. — CTOS says it's business as usual, not court-barred from providing credit score services

Microlink Solutions Bhd, whose share price plunged to its lowest in more than two years on Monday, said it is not aware of any possible explanation for the unusual market activity (UMA). The group was slapped with the UMA query on Monday after its shares dropped 36.1%, or 30 sen, to hit its limit-down of 53 sen, before continuing to nosedive throughout Tuesday, to close at 37 sen, down 16 sen or 30.19%, for a new four-year low.  — Microlink says not aware of reason for share price plunge 

Eversendai Corp Bhd said its unit is currently in talks with the Inland Revenue Board (IRB) to withdraw the winding-up petition initiated by the IRB, following the settlement of the amount allegedly owed. Its wholly owned unit Eversendai Engineering Sdn Bhd (EESB) received the winding-up petition letter from IRB on Feb 21, claiming a total of RM1.97 million, being outstanding tax liabilities plus interest of 5% and cost.  — Eversendai unit in talks with IRB to withdraw winding-up petition following RM1.97m settlement  

Sarawak Consolidated Industries Bhd’s (SCIB) RM97.75 million contract with Landasan Kapital (M) Sdn Bhd has fallen through following a mutual termination between the two parties. The engineering, procurement, construction and commissioning contract, originally planned to span 23 months, involved the supply of materials, labour, tools, and equipment for civil, structural, architectural, and mechanical works related to the construction of a residential project.  — SCIB’s RM97.75m contract with Landasan Kapital falls through 

Financially troubled Sapura Energy Bhd has been granted a three-month extension by the Corporate Debt Restructuring Committee (CDRC) to push the deadline of its standstill period, which shields it from actions from its multi-currency financing creditors, to June 10. The CDRC’s decision had considered the current state of progress of the group’s proposed restructuring scheme, and the three-month extension starting March 11 that the group obtained from the court to convene meetings with its creditors for its debt restructuring and to restrain them from taking legal actions against it, following the expiry of the nine-month extension given previously that ended on March 10. —  Sapura Energy gets standstill period for financiers extended till June 10 

UEM Sunrise Bhd has appointed Datuk Azmar Talib as one of its independent non-executive directors, effective March 11. Currently the group CEO of TRX City Sdn Bhd, Azmar oversees the development of Tun Razak Exchange (TRX). With 40 years of experience under his belt, Azmar has worked in various sectors such as real estate, construction, banking, and project turnaround.  — UEM Sunrise appoints TRX City’s Datuk Azmar Talib as independent non-executive director