KUALA LUMPUR (Sept 13): Here is a brief recap of some corporate announcements that made news on Friday:

The Employees Provident Fund and Lembaga Tabung Haji are no longer substantial shareholders of Globetronics Technology Bhd (KL:GTRONIC) following the company's recent announcement that its external auditor KPMG PLT had voluntarily resigned. EPF sold 9.48 million Globetronics shares on Sept 10, while Tabung Haji disposed of 4.02 million of the company's shares — the same day that Globetronics announced KPMG's departure and its shares dived over 30%. — EPF and Tabung Haji no longer substantial shareholders of Globetronics

Pansar Bhd (KL:PANSAR) has bagged a RM777.11 million road construction contract related to Phase 2 of the Sabah-Sarawak Link Road (SSLR) project. The package involved will connect RH Aling in Limbang to Bukit Pagon at the border between Sarawak and Brunei. — Pansar bags second infrastructure job in fortnight

Seal Incorporated Bhd’s (KL:SEAL) associate company, MSR Green Energy Sdn Bhd, has accepted a letter of award from Sabah Electricity Sdn Bhd for a battery energy construction job worth RM645 million. The project involves the engineering, procurement and construction of a battery energy storage system with a capacity of 100-megawatt and energy storage of 400-megawatt hours in Lahad Datu, Sabah. — Seal Inc associate unit secures RM645m contract from Sabah Electricity

Information and communication technology provider HeiTech Padu Bhd (KL:HTPADU) has secured a RM133.73 million contract from the Road Transport Department Malaysia (JPJ). The contract involves the development and supply of hardware and software for JPJ, and a revamp of the agency's digital system. — HeiTech Padu secures RM133.73 mil contract from JPJ

MMAG Holdings Bhd (KL:MMAG) is going to take over Velocity Capital Partner Bhd's (KL:VELOCITY) stake in its 86.09%-owned loss-making subsidiary, courier and logistic firm Line Clear Express Sdn Bhd (LCE). It plans to acquire Velocity Capital's 8.91% stake in LCE for RM13.75 million, cash, which will raise MMAG's stake in LCE to 95%. — MMAG buys out Velocity Capital's stake in loss-making subsidiary

Integrated water technology solutions provider Cosmos Technology International Bhd (KL:COSMOS) is disposing of its entire equity interest in MCI Etech Sdn Bhd to Loyal Fame Sdn Bhd for RM12.31 million, cash. The disposal will result in a total proforma loss of RM42,324. Proceeds from the disposal are intended to be utilised for the group's general working capital. — Cosmos sells off unit for RM12.31 mil cash, to focus on non-revenue water management system business